Categories
Historical Overview and Key Milestones

March 2025

Became the first commercial bank in Mongolia—and in Northeast Asia—to join the Cross-Border Interbank Payment System (CIPS) as a Direct Participant for RMB transactions.

Categories
Historical Overview and Key Milestones

February 2025

Established a correspondent banking relationship with DBS Bank Ltd., Singapore, and successfully opened a SGD account.

Categories
Historical Overview and Key Milestones

December 2024

Participated as a supporting sponsor in the UNICEF Mongolia Gala Event, organized in collaboration with IWFCI Mongolia, in celebration of World Children’s Day.

Categories
Historical Overview and Key Milestones

November 2024

Recognized once again among Mongolia’s Top 100 Enterprises.

Categories
Historical Overview and Key Milestones

October 2024

Expanded its branch network by opening a new branch at Minister Tower, Ulaanbaatar, enhancing accessibility of financial services for clients.

Categories
Historical Overview and Key Milestones

October 2024

Launched a co-branded card in partnership with one of Mongolia’s leading premium membership clubs.

Categories
Historical Overview and Key Milestones

September 2024

Successfully mobilized MNT 100 billion in long-term foreign funding from international financial institutions and Japanese clients, of which MNT 35 billion was allocated to green projects and programs.

Categories
Historical Overview and Key Milestones

August 2024

Introduced a 24/7 card transaction monitoring system to strengthen fraud prevention and risk management.

Categories
Historical Overview and Key Milestones

July 2024

Established a relationship with StoneX Group Inc. and successfully opened a trading account to support international market operations.

Categories
Historical Overview and Key Milestones

June 2024

Obtained regulatory approval from Chinese authorities and officially established a representative office in Beijing, China.