On June 2, 2026 Moody’s Ratings, one of the world’s leading international credit rating agencies, successfully hosted its annual Mongolia Banking and Sovereign Outlook Briefing event in Ulaanbaatar. This year’s forum brought together key stakeholders from across the financial sector to discuss Mongolia’s banking outlook and evolving economic landscape.
Golomt bank was pleased to be represented by its Chief Executive Officer, Mr. Odonbaatar Amarzaya, who participated as a panelist. During the session together with the key stakeholders from across the financial sector to exchange views and share insights on Mongolia’s banking outlook and evolving economic environment. Bringing extensive industry expertise, Mr. Odonbaatar contributed to discussions on key trends influencing the banking sector and the broader economic trajectory. He highlighted lending strategies that support domestic growth, particularly within corporate and MSME segments, and emphasized the sector’s accelerating transition toward digital-first banking models. He also underscored the growing importance of capital market activities, noting Golomt Bank’s successful international bond issuance as a key milestone in enhancing global visibility and attracting a broader base of international investors. The session provided a valuable platform for open dialogue on emerging opportunities, underscoring the ongoing transformation of Mongolia’s financial sector.
In October 2025, Moody’s Investors Service upgraded Mongolia’s sovereign credit rating from “B2” to “B1” with a stable outlook, reflecting ongoing improvements in economic stability, fiscal discipline, and institutional strength. This positive momentum was also reflected at the bank level, with Golomt Bank receiving a B1 credit rating from Moody’s, reinforcing its strengthened financial position and alignment with the improving sovereign profile.
Golomt Bank values the exchange of perspectives with industry peers and extends its appreciation to Moody’s team for convening an impactful forum focused on the future of Mongolia’s banking landscape.
Mongolia’s Global Benchmark Bank