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Trade and Development Bank to Introduce Mongolia’s First UnionPay “Diamond” Credit Card

13 December 2019

On December 5th, UnionPay International hosted a business advisory meeting in Shanghai, China, bringing together leading financial institutions from Southeast Asia, Northeast Asia, and the Asia-Pacific region. Representing Mongolia, Trade and Development Bank (TDB) participated in the event and successfully negotiated the introduction of the UnionPay “Diamond” Credit Card to the Mongolian market—the first of its kind in the country.

The UnionPay “Diamond” card offers a suite of exclusive benefits, including:

  • Access to over 800 international airport VIP lounges, providing comfort and convenience for frequent travelers.
  • Availability in 177 countries, making it a globally accepted and prestigious card.
  • Comprehensive VIP services and special discounts tailored to meet high-end customer needs.

A Milestone for Financial Innovation in Mongolia

This significant development underscores TDB’s commitment to introducing innovative financial products and enhancing its services to meet the evolving needs of Mongolian customers. By partnering with UnionPay International, TDB is setting a new standard for premium banking solutions in Mongolia.

UnionPay International hosted this event to establish an open platform for cooperation among member countries and strengthen partnerships with financial institutions globally. Representatives from leading banks and financial organizations in Mongolia, South Korea, China, Macau, Bangkok, and Thailand participated in discussions focused on the latest technologies, opportunities, and challenges in card services, sharing their best practices.

UnionPay International’s Global Reach

  • Partners with over 2,000 financial institutions worldwide.
  • Operates in 177 countries, where UnionPay cards are widely accepted for payments.
  • Distributes UnionPay cards in 58 countries, enhancing cross-border financial transactions.

Since 2012, Trade and Development Bank (TDB) has been a consistent and trusted partner of UnionPay International. This collaboration has allowed TDB to introduce innovative payment solutions to the Mongolian market, aligning with global financial trends and supporting its customers’ needs.

Through these efforts, TDB continues to play a pivotal role in connecting Mongolia to the global financial ecosystem, bringing advanced services and enhanced convenience to its clientele.

Your Financial Bridge to the World 

Trade and Development Bank