/ Nov 24, 2016

Trade and Development Bank awarded “Best Domestic Bank in Mongolia 2016” by Finance Asia

The leading banking and finance magazine FinanceAsia held its Platinum awards ceremony on on October 13th, 2016, during its 20th Anniversary Gala Dinner. The Platinum award reflected businesses and their successful operations of the past 20 years and valued their continuous contribution to the society and the economy. Trade and Development Bank of Mongolia was honored as the leading banking and finance institute in Mongolia and presented “Best Domestic Bank in Mongolia 2016” Platinum award.

 

Finance Asia is one of the leading banking and finance magazines in Asia that cooperates with large multinational corporations such as HSBC, Goldman Sachs and Citi. Finance Asia aims to provide the latest and the most insightful information and news around the world, and helps corporate businesses to share their experience and success stories.

 

 

Trade and Development Bank of Mongolia received “Best Bank of Mongolia” award in 2012, “Best Bank in Frontier Markets” award in 2013 and “Best High Yield Bond” award in 2015 respectively.

 

By the end of 3rd quarter of 2016, Trade and Development Bank Mongolia has provided 26.6% of the overall loans and 27.9% of the overall assets of the Mongolian banking and finance industry, moreover TDB solely handled 58.2% of Mongolia’s total trade finance related transactions.


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