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.