Europe Business Assembly (EBA), Oxford, Great Britain recognized Trade and Development Bank of Mongolia (TDB) as the one of the global “Best Enterprise” of 2014 and International Socrates Committee (ISC) rewarded Medree Balbar, CEO of the Bank, as the “Manager of the Year” award, recognizing his outstanding leading skills and personalities as well as the representative of the best organization.
Among the laureates, there are more than 50 successful companies and outstanding people from 32 countries. The EBA awardees are granted to use globally acknowledged “Trade Mark” for period of 5 years for marketing purposes.
The global recognition as the “Best Enterprise” proves the Bank’s contribution to development of Mongolia. TDB, as the oldest commercial bank of Mongolia, is continuously leading the Mongolian banking and financial sector by reaching total asset of MNT 5.2 trillion, capital fund of MNT 369.1 billion and net profit of MNT 139.3 billion at the end of 2013.
EUROPE BUSINESS ASSEMBLY (EBA)
EBA is an independent corporation for development and management of economic, social and humanitarian collaboration. As a non-governmental organization, EBA promotes transformation of state-of-the-art experience and economic practices, establishment of economic, educational, cultural, and scientific ties, creation of national business elites.
INTERNATIONAL SOCRATES COMMITTEE
The purpose of Socrates Awards is ongoing promotion of the world elite, who through their hard work and exceptional business sense, support an exchange of ideas and experiences amongst the international community in the areas such as economics, politics, education and culture.
Through careful selection process by the International Socrates Committee, which picks the most deserving award recipients, Socrates award ceremony honours their professional achievements and gives the international recognition for their success.