transbank

The Bank systematically increased its equity, reaching MNT 78 billion, making the Bank the 7^th largest bank in terms of equity.

International Accounting Principles 9, 15 and 16 were introduced to the Bank in their entirety.

The Bank successfully passed the “Asset Quality Review” test organized by the Government of Mongolia and IMF.

The Bank issued its first loan after the acquisition.

The Bank went through 100% shareholder changes and has become fully owned by Mongolian shareholders.