On the 11th of March, 2025, Fitch Ratings assigned Golomt Bank’s credit rating at “B+” with a stable outlook, affirming the bank’s strong financial standing and commitment to international banking standards. This rating highlights Golomt Bank’s solid market position, prudent risk management, and continued growth in Mongolia’s financial sector.
This achievement marks Golomt Bank as the first bank in Mongolia to be rated by the world’s leading credit rating agencies—Fitch Ratings, Moody’s, and S&P Global. This milestone strengthens the bank’s reputation among international investors and reflects its dedication to financial transparency, stability, and sustainable growth.
The rating is based on several key factors, which include improved profitability, loan portfolio, and reduced concentration substantially via sectors. As one of Mongolia’s leading banks, Golomt Bank continues to invest in strategic initiatives that enhance its service offerings and contribute to the stability of the nation’s financial sector.
Mongolia’s Benchmark Bank