GOLOMT BANK RECEIVES “LEADING PARTNER BANK IN MONGOLIA” AWARD FROM THE ASIAN DEVELOPMENT BANK


Golomt Bank has been honored as the “Leading Partner Bank in Mongolia” by the Asian Development Bank (ADB) under its prestigious Trade and Supply Chain Finance Program (TSCFP).

From left Steven Beck, Director, Trade and Supply Chain Division, ADB; Unengerel Chuluunbat, Director, Trade and Structured Finance Department, International Banking Division Golomt Bank, JSC; Roberto Leva, Unit Head, Trade & Supply Chain Division, Southeast and East Asia & Pacific, Tsolmon Bat-Erdene, Consultant, Trade & Supply Chain Division

Each year, ADB acknowledges partner financial institutions that have demonstrated excellence in implementing the Trade and Supply Chain Finance solutions within their regions. On September 3, 2025, Golomt Bank was awarded this title in recognition of its outstanding contribution to international trade facilitation and commitment to delivering active and high-quality trade finance services.

Receiving this esteemed award underscores Golomt Bank’s strong performance in trade finance and its commitment to building robust international partnerships.

ADB’s Trade and Supply Chain Finance Program supports sustainable, inclusive, transparent, and socially responsible trade in Asia-Pacific region by partnering with banks across the globe. The initiative enables financial institutions in developing countries to provide cost-effective trade finance solutions that foster economic growth.

Golomt Bank initially began its collaboration with ADB in 2010. The partnership was reactivated in 2024 and has since played a critical role in supporting corporate and SME clients engaged in international trade through a wide array of trade finance offerings.

Today, Golomt Bank holds a leading position in Mongolia’s trade finance sector, offering products such as letters of credit, bank guarantees, and trade loans. As of July 2025, Golomt Bank accounts for 50.5% of the total trade finance transaction value and 42.4% of all letters of credit and guarantees issued in the market.

These figures highlight Golomt Bank’s strong market leadership and its ongoing commitment to advancing Mongolia’s integration into the global trade landscape.

For more detailed information about trade finance services click HERE.

Mongolia’s Global Benchmark Bank

  • 0
    100000000
    2000000000
    0
    20.8
    70
    0
    8
    30
    1
    12
    360

    Your loan calculation

    Monthly payment

    Salary amount (45%)


    Down payment

    Loan amount

  • 10000
    1000000
    2000000000
    0
    10000
    5000000
    1
    12.4
    30
    1
    12
    30

    Calculate your savings

    The money you saved

    Total interest

    Total

Exchange rate news