Trade and Development Bank of Mongolia (TDBM) was recognized as the "Leading Partner Bank in Mongolia" by the Trade Finance and Supply Chain Finance Program of the Asian Development Bank (ADB). The award was presented at GTR Asia’s Trade and Treasury Week 2016 in Singapore on September 7th, 2016.
TDBM has been actively involved in international trade funding programs since 2005, including the ADB’s Trade Finance and Supply Chain Finance Program since March 2010. The TFP provides guarantees and loans to support trade in developing countries, having assisted over 8,200 small and medium-sized enterprises across Asia, with total funding exceeding $23.6 billion.
In 2015, TDBM executed 77.9% of foreign trade-related transactions, solidifying its leading position in Mongolia's banking sector. This achievement was made possible through its extensive network of foreign transaction settlements, highly skilled banking staff, and strong business relationships with international banks and financial institutions.