The list of banks in Mongolia includes:
Assets of banks in Mongolia are highly concentrated (100% of assets held by five or fewer banks).
Central bank
- Bank of Mongolia (Mongolbank)
State-owned banks
| Name | Abbv. | Established | Website |
|---|---|---|---|
| State Bank | 23 November 2009 | statebank.mn | |
| Development Bank of Mongolia | DBM | 2011 | dbm.mn |
Commercial banks
As of 2023, Mongolia has 13 operational commercial banks.
| Name | Abbv. | Established | Majority owner | Capital | Website |
|---|---|---|---|---|---|
| Trade and Development Bank | TDB | October 1990 | Globull Investment & Development | 
|
tdbm.mn |
| Golomt Bank | 6 March 1995 | Golomt Financial Group |
|
golomtbank.com | |
| XacBank | 2001 | TenGer Financial Group |
|
xacbank.mn | |
| Khan Bank | 1991 | Sawada Holdings | 
|
khanbank.com | |
| Capitron Bank | 2001 | Ajnai Corporation |
|
capitronbank.mn | |
| National Investment Bank of Mongolia | NIBank | 2006 | Dolgorsürengiin Dagvadorj |
|
nibank.mn |
| Chinggis Khaan Bank | CKBank | 2001 | New Standard Finance |
|
ckbank.mn |
| Credit Bank |
|
creditbank.mn | |||
| Trans Bank | 27 October 2016 | P. Radnaabazar |
|
transbank.mn | |
| Arig Bank | 1997 | Nomin Holding |
|
arigbank.mn | |
| Bogd Bank | 2014 | Bodi Capital |
|
bogdbank.com | |
| M bank |
|
https://m-bank.mn/ |
References
- "SUPERVISION THE BANKING ACTIVITIES". Bank of Mongolia. Retrieved 2021-10-30.
- "5-Bank Asset Concentration for Mongolia (DDOI06MNA156NWDB)". FRED Economic Data, St. Louis Fed. 2023-07-24. Retrieved 2023-07-24.
