- Golomt Bank has successfully issued its 300 million USD inaugural bond on the international market, becoming the first bank in Mongolia to issue the bond on a standalone basis in the last 12 years.
- The bank has secured a total of 38 million USD in long-term financing from reputable organizations such as Saison Investment Management, Agents for Impact, and responsAbility Investments to support micro, small, and medium-sized enterprises, as well as sustainable and green projects.
- In June 2024, Golomt Bank has successfully opened a US dollar clearing account at BNY Mellon Bank. Through this, the bank has commenced processing customer transactions quicker and less costly.
Financial results
Total assets have increased to 12.4 trillion MNT. This represents about 20 percent of the banking system.
Customer funds reached 8.3 trillion MNT. This represents 19 percent of the total banking system.
The loan portfolio increased by 37 percent and reached 6.7 trillion MNT and the total loan market share reached 20 percent.
Please refer to the following link for the operational video report as first half of 2024. HERE