Mongolia

Being stuck between Russia and China has never put more pressure on Mongolia than in the past year. But the authorities and banks are making the best of a near-impossible situation – and succeeding in the process.

Trade and Development Bank of Mongolia is considered a pioneer in the resources-rich country. Its momentum on sustainability has gained more steam over the years.

When Norihiko Kato took the helm of Golomt Bank in 2019, he had little idea of the global chaos to come. The Covid-19 pandemic greatly complicated plans to expand the bank’s business in the retail, corporate and small and medium-sized enterprise sectors. But Golomt succeeded anyway.

No one does corporate social responsibility in the country on the scale of Trade and Development Bank of Mongolia, which pairs its CSR operations with its increasing commitment to sustainability in the local market.

Excelling at diversity is about much more than naming a couple of women to top jobs.

In the past year, Trade and Development Bank of Mongolia consolidated its leading position as the universal banking service provider of choice for corporations.

In the past year, Trade and Development Bank of Mongolia consolidated its leading position as the universal banking service provider of choice for corporations.

Creating a version of Silicon Valley in Mongolia has always been the driving force behind LendMN, founded by Anar Chinbaatar, Boldbaatar Ochirsuren, Otgonbayar Uuye and Otgonbayar Purevsuren.