Trade and Development Bank (TDB) LLC was established in 1990 and over past decades, has become a leading banking and financial services provider in Mongolia.
TDB, the oldest bank of Mongolia, prides itself for its leading position in the universal banking service provider, offering over 130 types of international standard banking products, professional and user friendly banking services. The Bank acts as a primary lender to most of Mongolian leading corporations as well as foreign corporations and foreign representative offices across all major industrial and commercial sectors with a constantly innovating range of universal banking products and services delivered with dynamism and excellence in service and quality.
TDB is undoubtedly the major player in the financial and banking markets as well as a major innovator of the Mongolian financial sector.
Mongolian Best Corporate Bank:
TDB in retail market:
Globally acknowledged TDB:
Moody’s rating on TDB
LT/ST Bank Deposits (domestic currency)
|
B3 |
LT/ST Bank Deposits (foreign currency) |
CAA1 |
LT/ST Issuer Rating |
B3 |
Senior Unsecured |
B3 |
Outlook |
Negative |
Standard & Poor’s ratings on TDB
Counterparty Credit Rating
|
B/Stable/B |
Senior Unsecured
|
B |
Outlook |
Stable |
Mission
We provide comprehensive financial services that exceed customer expectation through advanced technology for customers to achieve their aspirations.
Vision
Be the leading bank in prosperities of developing Mongolia.
By the end of 2019, TDB's total asset reached MNT 7'803 billion and capital funds reached MNT 728 billion. TDB has a strong profit after tax record of MNT 50.1 billion in 2015, MNT 56.1 billion in 2016, MNT 73.6 billion in 2017, MNT 44.4 billion in 2018 and MNT 68.9 billion by the end of December, 2019.
The Globull Investment & Development SCA (Global) 45.2581%, US Global Investment LLC (Global) 5.0298%, United Banking Corporation LLC (UBC) 31.2489%, GS Mongolia Investments Limited (Goldman Sachs) 3.2839%, D.Erdenebileg 13.7134% and other individual shareholders (Mongolia) own 1.4659% respectively.
The Board of Directors of TDB consists: D.Erdenebileg (Chairman), R.Koppa (Director-Executive Vice Chairman), D.Khurelbaatar (Director), D.Yanjmaa (Director), J.Bolormaa (Independent Director) and J.Delgersaikhan (Independent Director).
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R.Koppa
Executive Vice Chairman
O.Orkhon
CEO
O.Banzragch
First Deputy CEO
A.Enkhmend
First Deputy CEO
D.Otgonbileg
Deputy CEO
Ch.Solongo
Deputy CEO
B.Bayarmaa
Deputy CEO
D.Nyamrentsen
Deputy CEO
S.Baatar
Deputy CEO