About bank

About bank

Brief introduction about Golomt bank
We believe that with a “Customer-Centric” approach, we are able to serve our clients more effectively with a streamlined process that tailors our products and services to their needs. By increasing our customers’ satisfaction, we will strengthen both our position in the market and brand image.
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History and highlights
Golomt bank of Mongolia was established on March 6 1995 as a wholly owned subsidiary of Bodi International L.L.C.
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Shareholders
GOLOMT FINANCIAL GROUP LLC
BODI INTERNATIONAL LLC
SWISS MO INVESTMENT AG
GOLOMT INVESTMENT Ltd
FORTUNATE GOLOMT
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Achievements and awards
Golomt Bank’s accomplishments, culture, and loyalty have secured its position as a well-recognized brand in the home market.
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Board of Directors
The decisions of the Board of Directors are made independently, with a focus on the medium and long-term stability and prosperity of the Bank, while considering the risk-reward relation of each subject matter and compliance with the Bank’s policies.
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Executive Management Team
Golomt bank of Mongolia was established on March 6 1995 as a wholly owned subsidiary of Bodi International L.L.C., one of the major giants in Mongolian social and economic arena.
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Organization structure
Golomt bank of Mongolia was established on March 6 1995 as a wholly owned subsidiary of Bodi International L.L.C., one of the major giants in Mongolian social and economic arena.
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Corporate governance structure
Golomt bank of Mongolia was established on March 6 1995 as a wholly owned subsidiary of Bodi International L.L.C., one of the major giants in Mongolian social and economic arena.
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Corporate presentation
Golomt Bank serves about 80% of the corporate market, offering a complete set of banking products and solutions, and has been leading SME development initiatives in Mongolia.
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Financial information
There are 14 commercial banks, and 1 policy bank in the system. All commercial banks are regulated by Bank of Mongolia and together comprising 95% of overall financial market of Mongolia.
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Annual report
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.
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Quarterly Financial report
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.
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Audited financial report
International Financial Reporting Standards
Consolidated Financial Statements and Independent Auditor’s Report
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Supporter of Youth Education
Golomt bank is the pioneer of student scholarship programs by granting scholarships worth of MNT 1 billion to 1,300 students
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Promoter of Sustainable Financing
Golomt Bank embedded E&S requirements into its credit policy in 2001. The bank is a member of the UNEP, and invested USD 32 million for climate mitigation and adaptation projects for the last 5 years.
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Supporting Sports and Culture
Our sponsorship in the arenas of sport, culture and the arts form a key part of our commitment to the broader Mongolian community.
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Supporting the Government’s Initiatives
We continue to provide significant financial and intellectual support to the development initiatives of the Government to attract foreign direct investments to Mongolia and strengthen international relations
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