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FMO (the Netherlands Development Finance Company)
is the Dutch development bank. FMO supports sustainable private sector growth in developing and emerging markets by investing in ambitious entrepreneurs. FMO believes a strong private sector leads to economic and social development, empowering people to employ their skills and improve their quality of life. FMO focuses on three sectors that have high development impact: financial institutions, energy, and agribusiness, food & water. With an investment portfolio of EUR 6.3 billion, FMO is one of the largest European bilateral private sector development banks.

Trade and Development Bank of Mongolia (TDB)
was established in 1990 and over the past decade has become a leading banking and financial services provider in Mongolia.

TDB, the oldest and the largest corporate bank in Mongolia, prides itself for its leading position as the universal banking service provider, offering full range of services delivered with dynamism and excellence in service and quality. TDB was the first to introduce modern banking technology, adopt IASB standards in financial reporting, become a member of SWIFT network, offer card and ATM services and commence gold exports into the foreign market. As the top international expertise derived from State bank of Mongolia origins, TDB is undoubtedly the international face of Mongolia with strong capabilities in corporate banking, international banking, treasury, retails and SME banking. 

In September of 2012, TDB successfully issued USD 300 million senior unsecured notes listed at Singapore Stock Exchange. This was the fourth time that TDB tapped the international bond markets, after three successful senior unsecured deals in 2007, 2010 and 2012. In fact, TDB is the first ever Mongolian bank to issue bonds and the only Mongolian repeat bond issuer. These successful bond issues not only affirm the market confidence in TDB’s strategy, financial strength and management, but also affirm TDB’s standing in the international markets. 

  • Mongolia’s leading corporate bank
  • The country’s first and still the only second time bond issuer on the international debt market
  • Superior profitability and efficiency
  • Rapid growth and improving asset quality
  • The leading international trade facilitator of Mongolia to win the “Best Trade Finance Bank in Mongolia 2011” and “Best Trade Finance Bank in Mongolia 2012” awards by “Global Trade Review” magazine. TDB holds the rare distinction of being voted "Best Bank in Mongolia" two times in a row by "The Banker", “Best Trade Finance Bank of Mongolia” two times by “Global Trade Review”, "Best Private Bank" by "Euro money", “Best Bank of Mongolia 2012” by “Finance Asia”, “Best Corporate Bank Mongolia 2012” by “GBFR” and was awarded "Best Bank of the Year", "Grand Prix in Banking and Financial sector of Mongolia", "Best Business Entity for its Social Responsibility", "Best Tax payer" and many more by different international and local organizations.

, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. IFC helps developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments. In FY12, IFC’s investments reached an all-time high of more than $20 billion, leveraging the power of the private sector to create jobs, spark innovation, and tackle the world’s most pressing development challenges.

IFC is also a leader in developing and applying environmental, social and governance (ESG) sustainability standards to ensure the profitability and integrity of its investments.  IFC supports sustainable finance in two ways: through direct investments and by supporting banks and regulators to integrate environmental and social considerations in mainstream banking practices. In 2012, IFC joined bank regulators from Asia, Africa and Latin America to launch a Sustainable Banking Network for Regulators for the development of national environmental and social risk-management guidelines for financial institutions by sharing knowledge and technical resouses.

The Mongolian Bankers Association
is an independent, non-profit, non-government organization established in 2000 by the banking and non-banking financial institutions in Mongolia. As today, we are the voice for 19 member financial institutions including 14 commercial banks, 4 non-bank financial institutions and one foreign Bank Representative Office. The Vision of the MBA is to become a powerful professional organization representing the bankers and financial officers, to lead the banking and financial sector to ensure the sustainable development and equitable economic growth of Mongolia, and to contribute substantially to the development of the country as the regional financial center.

Membership in the Mongolian Bankers Association is open to a wide variety of organizations with interests in finance and emerging markets. We implement actions to promote mutual understanding and development among Members by:

  • Protecting the legal rights of Members from illegal acts and omission
  • Representing the common interest, needs and concerns of the Members
  • Publishing weekly Newsletter about the highlights of MBA and the industry
  • Conducting survey on the economic and banking system to develop analyses and recommendation for Members
  • Holding meetings, discussion, workshops and interview
  • Establishing and developing cooperation and partnership with international financial organization with shared interest and values.
  • Providing a network for members to exchange views and offer opportunities for effective communication among executives, policymakers, regulator and other financial professionals.

The Banking and Finance Academy (BFA) is a professional training institute of the banking and financial sector of Mongolia.  It was established by several commercial banks of Mongolia with a goal to provide the most immediate and/or up-to-date training services for Mongolian banking and financial professionals and practitioners to enhance their professional knowledge and skills.   

The Academy is serving the growing need for professional financial education in the Mongolian banking and financial sector and the public. Its main activities will be, but not limited to, specialized training programs, certification programs, customized training programs, awareness building events, and consultation and advocacy services.  These training programs aim to  help the Mongolian banking and finance institutions to enrich and upgrade its human resource capabilities thus ensuring safer, sound services in the financial sector and to have common standard among the banks and financial institutions.,