Golomt Bank has renewed its ‘Corporate Membership’ for 2020
We are very pleased to announce Golomt Bank has renewed its ‘Corporate Membership’ for 2020.
Thank you for your continued support during this difficult times. Your membership renewal will enable the Chamber to continue delivering our services and webinars. Stay tuned for more.
We are excited to continue partner with you this year and more.
Please welcome them by visiting their website: www.golomtbank.com
Founded in 1995, they are one of the systemically important banks in Mongolia with total assets of MNT 6 trillion and total deposits of MNT 4.4 trillion as of 2018 year-end. They operate with a well-balanced presence in all three market segments: Corporate, SME, and Retail. They have successfully accomplished our position as a well-recognized brand in Mongolia through our accomplishments and culture over the past few decades.
They are the largest urban-retail bank, with around 800,000 clients and 115 branches and serving points, serving the majority of the urban working population in Mongolia. They are also the market leader in credit cards with their revolutionizing new “ZES” card while successfully capturing 75% of the market within the first year of launch, 2017. Moreover, they serve 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, we have the broadest network connection.