Moody’s upgrades Golomt Bank’s credit rating to “B1” with a stable outlook for the second consecutive year


Moody’s upgrades Golomt Bank’s credit rating to “B1” with a stable outlook for the second consecutive year

On October 20, 2025 – Ulaanbaatar: Moody’s Ratings upgraded Golomt Bank’s long-term counterparty risk rating to “B1” with a stable outlook, marking the second consecutive year of rating improvement.

This upgrade aligns with the recent improvement of Mongolia’s sovereign credit rating, which Moody’s raised to “B1, stable” on October 16, 2025 – marking the second consecutive annual upgrade for the country.

This achievement highlights Golomt Bank’s continued progress as a world-class Mongolian bank, continually strengthening its credibility and competitiveness on the global financial stage.

Mongolia’s Global Benchmark Bank

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