Awards

On 70th anniversary of the establishment of the Social Insurance Service in Mongolia, Trade and Development Bank was recognized as the " Top National-Employer-Social Insurance Payer” " for its outstanding contribution to ensuring social security for its employees by fulfilling its obligations under the Social Insurance Law. This award was jointly organized by the General Department of Social Insurance, the Mongolian Employers' Federation, and The Confederation of Mongolian Trade Unions.

As a leading financial institution in Mongolia, Trade and Development Bank not only excels in the financial sector but also embraces its social responsibility, actively participating in the country’s social initiatives.

The Japan International Cooperation Agency (JICA) recognized Trade and Development Bank for its outstanding contribution to the two-phase loan project, "Development of Small and Medium Enterprises and Environmental Protection," which is being implemented through seven Mongolian commercial banks. The award was presented in recognition of TDB's role in providing 16 billion MNT in loans during the second phase of the project, leading both in the total amount of loans issued and in the effective utilization of those loans.

On August 24th of this year, an awards ceremony was held at the Four Seasons Hotel in Macau, organized by FinanceAsia, Asia's leading financial magazine, to honor the best in the banking and financial sector. A key highlight of this year’s event was the introduction of the "Best Bank of Mongolia" award, presented for the first time after conducting assessments of Mongolian banks over the last three years. The selection was based on factors such as international recognition, reputation, scope of operations, and financial capacity. This year's "Best Mongolian Bank" award was presented to the Trade and Development Bank.

FinanceAsia, one of the most authoritative sources of financial news and analysis for Asian markets, has been organizing the Country Awards for the past 10 years. The winners are determined through assessments of key financial performance indicators, including return on assets, return on equity, and loan portfolio quality. As such, FinanceAsia’s Country Award for Achievement is considered distinct and highly respected within the financial industry.

Since the beginning of 2012, TDB has received two prestigious awards from internationally recognized publications. These accomplishments further solidify the bank’s position as Mongolia’s leading financial institution, with internationally recognized financial capabilities.

Trade and Development Bank of Mongolia has proven itself to be the most experienced trade finance facilitator with its widest international correspondent relationships and highly qualified trade finance services among local banks in Mongolia and has been awarded as the “Best Trade Finance Bank of Mongolia” for the second time. 

This prestigious award was presented by Global Trade Review (GTR), the world’s leading trade finance international magazine, which recognizes the best in the field annually through majority voting from other international banks and financial institutions.

Furthermore, TDB’s respected partnering banks in trade finance and syndicated facilities such as HSBC bank, Citibank, Korea Exchange Bank and ICBC bank were also awarded as the best in their respective countries.

We will continue to be the gateway to connect our customers with the world and continue to lead.

Trade and Development Bank was awarded as a “LEADER IN SOCIAL RESPONSIBILITY” by the Mongolian Association of Certified Tax Consultants, recognizing its significant contribution to the development and progress of Mongolia and its high level of social responsibility.

The award was accompanied by the “For a Strong Mongolia” trophy and certificate.

TDB will continue to be aware of its social responsibility and lead for the good of society.