Тээвэр хөгжлийн банк нь БНХАУ-ын санхүүгийн хяналт, зохицуулалтын ерөнхийн хорооноос банкны төлөөлөгчийн газраа байгуулах зөвшөөрлөө авч, БНХАУ-ын Бээжин хотноо төлөөлөгчийн газраа байгуулж, албан ёсоор үйл ажиллагаагаа эхлүүллээ.
The TransBank has received approval from the General Commission for Financial Supervision and Regulation of the People’s Republic of China to establish a representative office and has officially opened a representative office in Beijing, China.
Through the representative office, it provides Chinese entrepreneurs and financial institutions with relevant information about the Mongolian economy and market, and opens up favorable opportunities for cooperation by serving as a financial bridge connecting business organizations with Mongolian companies.
- Prioritizing relationships based on trust and respect;
- Supporting each other and working as a team;
- Creating shared value and working towards a common goal.
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PROFESSIONAL TEAM
- Professional;
- High performance and productivity;
- Working diligently and with dedication.
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CUSTOMER-CENTRIC
- Having a strong understanding of business conditions;
- Analyzing and assessing issues accurately;
- Proposing effective and smart solutions.
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RESPONSIBLE
- With high ethics and principles;
- Being accountable for actions, words, and deeds;
- Following a priority order of customer, team, society, and personal interests.
The TransBank has successfully received a total of USD 24.7 million in external resources from banks and financial institutions based in Germany, Singapore, and Japan as of the first quarter of 2024. Of this, USD 6.4 million in green financing has been received from external markets as part of its efforts to expand sustainable and green financing.
Additionally, a total of 7.1 million USD was repaid in principal and interest payments from external sources, continuing long-term and reliable cooperation with client banking and financial institutions, further increasing external sources.
TransBank has been supporting green projects that promote environmentally friendly businesses, reduce greenhouse gas emissions, and improve energy efficiency and efficiency, and offers a variety of green loan products for consumers and businesses to its customers.
Within the framework of this financing, we offer our customers flexible and favorable green loans that support environmentally friendly activities and eco-products, creating an opportunity to fight climate change together and contribute to our planet. In connection with this financing, we aim to improve and make our products and services more convenient in order to reach our customers in an efficient and accessible way.
Банкны кибер аюулгүй байдал, мэдээллийн аюулгүй байдлыг хангах ажлын хүрээнд DDoS, WAF, PAM, SIEM, Антивирус, DLP зэрэг системүүдийг амжилттай нэвтрүүллээ.
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Bank of Mongolia : Statement
The Bank is under the constant supervision and regulation of the Bank of Mongolia because it accumulates and stores the funds of citizens, legal entities, and the public on the basis of mutual trust, and uses these resources to engage in financial intermediation activities, playing an important role in the country’s economic development and financial stability.
Law enforcement agencies conducted a search of the TransBank as part of a criminal investigation into certain prominent individuals, and it was reported on social media and some media outlets that the bank may have been involved in illegal activities.
Any person who becomes a significant shareholder of a bank or acts as a bank manager is subject to legal regulations that require permission and notification from the Bank of Mongolia, and the individuals named in the information are not shareholders or managers of the TransBank. It is also worth noting that the bank is not responsible for any obligations of the shareholder and is exempt from and separate from the liability of the shareholder.
The operations of the TransBank are conducted in accordance with the Law on Banking and relevant laws. While monitoring the financial condition and prudential criteria, the Bank of Mongolia is ready to take relevant measures in accordance with the law to ensure the stability of not only the bank itself but also the banking sector.
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STATEMENT
We regret that on April 15, 2024, one-sided and unbalanced information involving the name of our bank was disseminated on social media platforms, causing reputational damage to TransBank.
TransBank operates in strict compliance with the laws of Mongolia and the regulations issued by the Bank of Mongolia. We consistently meet the prudential ratio requirements and have our financial indicators, operations, and financial statements audited annually by internationally recognized independent auditing firms such as KPMG and BDO. Moreover, our credit rating and outlook assessments are regularly conducted by the global credit rating agency Moody’s. Our bank is committed to delivering innovative, technology-driven products and services to our clients.
In 2023, our bank contributed MNT 24.3 billion in taxes to the state budget and was recognized as one of Mongolia’s TOP 100 enterprises. We also became a member of the global VISA International network and established an independent card payment processing center. As a result, we have been continuously expanding our operations and delivering fast, reliable, and accessible banking services to our customers, thereby creating business value, fostering economic benefits, and actively participating in corporate social responsibility initiatives.
TransBank remains a reliable and trustworthy financial partner to its customers. As one of the longstanding institutions in Mongolia’s banking and financial sector, we will continue to operate in a stable and sound manner and maintain our commitment to working collaboratively with all stakeholders.
Therefore, we responsibly declare that the dissemination of information that appears to be deliberately organized to tarnish the professional reputation of TransBank through public media channels is unfounded and baseless.