TDB WAS AWARDED “BEST HIGH YIELD” BOND
Trade and Development Bank’s USD 500 million bond was honored as the “Best High Yield Bond of 2015” by FinanceAsia magazine. The Achievement Awards by FinanceAsia are a prestigious event, drawing global attention from the banking and finance sectors. Receiving the “Best High Yield” award marked a significant milestone for TDB, further enhancing Mongolia’s reputation on the international stage.
This new bond issuance highlights Mongolia’s regained credibility with foreign investors and positions the country on the threshold of a new era of economic growth. The issuance successfully achieved TDB’s goal of broad institutional placement, with 90% allocated to asset managers and hedge funds, 5% to private banking accounts, and 5% to financial institutions.
TDB is the first Mongolian commercial bank to issue bonds and remains the only repeat bond issuer from Mongolia. This marks the fifth time TDB has issued debt notes in the international capital markets, following three successful senior unsecured USD deals in 2007, 2010, and 2012, as well as the country's first-ever offshore CNY issue in 2014.
On behalf of the globally recognized TDB, we extend our heartfelt congratulations and gratitude to all our employees, valued customers, and partner organizations for their unwavering dedication and commitment.
Together Towards Prosperity
TDB named “The Leading Partner Bank in Mongolia” by ADB’s Trade & Supply Chain Finance Program
Trade and Development Bank of Mongolia (TDBM) was recognized as the "Leading Partner Bank in Mongolia" by the Trade Finance and Supply Chain Finance Program of the Asian Development Bank (ADB). The award was presented at GTR Asia’s Trade and Treasury Week 2016 in Singapore on September 7th, 2016.
TDBM has been actively involved in international trade funding programs since 2005, including the ADB’s Trade Finance and Supply Chain Finance Program since March 2010. The TFP provides guarantees and loans to support trade in developing countries, having assisted over 8,200 small and medium-sized enterprises across Asia, with total funding exceeding $23.6 billion.
In 2015, TDBM executed 77.9% of foreign trade-related transactions, solidifying its leading position in Mongolia's banking sector. This achievement was made possible through its extensive network of foreign transaction settlements, highly skilled banking staff, and strong business relationships with international banks and financial institutions.
BEST COMMERCIAL BANK OF MONGOLIA” for FIFTH YEAR IN A ROW
The "Global Banking & Finance Review" has announced the best in the banking and financial industries worldwide, and Trade and Development Bank has been awarded "The Best Commercial Bank of Mongolia 2016" for the fifth consecutive year.
The Global Banking & Finance Review Award is a prestigious recognition, based on continuous research and analysis of the banking and financial industries worldwide. It serves as an impartial and fair evaluation on a global scale.
TDB was awarded "The Best Corporate Bank of Mongolia" in 2012, followed by "The Best Commercial Bank of Mongolia" in 2013, 2014, and 2015. By receiving the same recognition in 2016, TDB has demonstrated consistent excellence.
We sincerely thank our customers and clients for being a part of TDB, a valued institution not only in Mongolia but also on the global stage.