Awards

The "Global Banking and Finance Review" from the United Kingdom is a highly influential organization with a prominent role in the global financial market. 

In its prestigious annual awards, recognized by the world’s leading banking and financial institutions, Trade and Development Bank was honored with the title of "Best Corporate Bank Mongolia 2012." Financial markets and institutions worldwide closely monitor and integrate the insights and information shared by this influential organization into their operations. 

The Global Banking and Finance Review Awards is known for its ongoing research and analysis of financial institutions worldwide. It strives to provide fair and impartial evaluations across all continents in a globalized society, promoting healthy competition. This commitment makes the recognition both prestigious and highly respected.

On July 18, 2013, the Euromoney Award for Excellence ceremony, organized by Euromoney magazine, a global leader in banking and finance, took place in Hong Kong. During this prestigious event, the Trade and Development Bank was honored as the "Best Bank in Mongolia" for 2013.

For the past 22 years, Euromoney magazine has hosted this prestigious international event, recognizing the top banks and financial institutions from over 100 countries. The awards are based on thorough evaluations of criteria such as market leadership, reliability, operational scale, and financial strength, ultimately selecting the best bank in each country. 

TDB has consistently been a leader in Mongolia’s banking and financial sector. Currently, the bank’s total assets have reached MNT 3.8 trillion, with deposits totaling MNT 1.8 trillion. This solid financial performance further reinforces its position as the top bank in Mongolia.

The Trade and Development Bank recognized internationally, continues to earn prestigious accolades, being named Mongolia’s “Best Trade Finance Bank” for three consecutive years, including the 2013 award. 

This esteemed award is presented annually by Global Trade Review (GTR), renowned as a global leader in trade finance trends. The selection process is regarded as one of the most impartial, conducted through surveys among banks and financial institutions worldwide to identify the best.

According to a 2012 study by the Bank of Mongolia, among the seven commercial banks providing trade finance services in Mongolia, TDB accounted for over 50% of the market share. Since its establishment in 1990, TDB has distinguished itself through its extensive experience and reliability in delivering trade finance products and services to its customers.

As of the end of 2012, 34 global banks had approved foreign trade finance loans totaling over USD 290 million for TDB. These funds, which can be used for foreign trade transactions with any country, provide significant support for Mongolian businesses involved in international trade.

The “Global Banking & Finance Review” organization in the United Kingdom, which annually recognizes the best banks in global banking and finance industry, named the Trade and Development Bank as the “Best Commercial Bank in Mongolia” for 2013, awarding them a trophy and certificate. 

The “Global Banking & Finance Review Awards” are distinguished by their  ongoing research and analysis of financial institutions worldwide, aiming to provide equal and fair evaluations across all continents of our globalized society. This makes it a prestigious competition, known for its integrity and commitment to fair competition.

In 2012, TDB was awarded the title of “Best Corporate Bank in Mongolia” from the same recognition, and in 2013, the bank solidified its achievements, further reaffirming its position as Mongolia’s leading bank.

We extend our gratitude to all the employees, clients, and partners of the Trade and Development Bank, whose contributions lie at the heart of its success, earning recognition not only in Mongolia but also on the global stage.