AustCham Mongolia Membership Renewal – Golomt Bank


AustCham Mongolia is pleased to announce Golomt Bank has #upgraded their membership to Corporate Membership for 2019.👏

Thank you Golomt Bank for your continued support and cooperation.

We are excited to continue partner with you for another year. 
Please welcome them by visiting their website www.golomtbank.com

✒️Company Introduction

#Vision: Mongolia’ global benchmark

#Mission: The genesis of prosperity

Golomt Bank, a leading private bank founded in 1995, is one of the systemically important banks in Mongolia with total assets of MNT 5.2 trillion and total deposits of MNT 3.3 trillion as of 2017 year-end. Golomt Bank operates with a well-balanced presence in all three market segments: Corporate, SME, and Retail. Since its founding, Golomt Bank’s accomplishments, culture, and loyalty have secured its position as a well-recognized brand in the home market.

The Bank, with 700,000 clients and 100 branches and serving points, is the largest urban-retail bank, serving majority of the urban working population in Mongolia and the market leader in credit cards, revolutionizing the local credit card market with the newly launched “ZES” card, successfully capturing 75% of the market within a year. Moreover, Golomt Bank serves nearly 80% of the corporate market and leading the local SME development initiatives. Having long-standing relations with about 100 financial institutions in 30 countries and facilitating almost half of all SWIFT transactions in Mongolia in 15 major currencies, Golomt Bank has the broadest global network connection.

Golomt Bank adopted customer-centric business model to serve the clients more effectively with streamlined process and various tailored cards to serve the diverse client base. With this new approach, the Bank believes to increase the customer satisfaction significantly while strengthening its reputation in the local market.

As the Bank’s vision is to become the Mongolia’s global benchmark bank, the Bank gives much importance in the implementation of best practice and know-hows by collaborating with multiple international organizations and heavily invest in its employees’ professional development through various trainings and lectures.

Recently, the Bank has become an active member of United Nations Environmental Program – Financial Institution group (UNEP FI) to advocate more environmentally and sustainably conscious strategies into our daily operations and strategies.

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