transbank

The Internet Bank and Transbank applications have been updated with a new look and has become easier and smarter.

The Bank became a Direct Participant in OTC Market Trading.

The Bank opened USD and SGD Nostro accounts with the Oversea-Chinese Banking Corporation (OCBC), Singapore

Moody’s has assigned the Bank Baseline Credit Assessment (BCA) of B3 for 3 consecutive years, which is the same as the Government of Mongolia.

The Bank established a correspondent relationship with Sumitomo Mitsui Banking Corporation, Japan.

In accordance with the Banking Law and the Company Law, the Transport and Development Bank and the Credit Bank merged in accordance with the approval issued by the Bank of Mongolia on July 27.

The Bank first introduced the international high-class UnionPay Platinum and Diamond credit cards.

The Bank introduced current and saving accounts for safekeeping the physical gold to improve the financial planning abilities of its gold mining customers.

International rating agency Moody’s has set a base credit rating of the Bank at B3, same as the Mongolian government’s.