/ Oct 18, 2016

Trade and Development bank name “The Leading Partner Bank in Mongolia” for the second consecutive year.

Trade and Development Bank of Mongolia (TDBM) has been recognized as the “Leading Partner Bank in Mongolia” by Trade Finance Program from The Asian Development Bank (ADB). The award was received at GTR Asia’s Trade and Treasury Week 2016 in Singapore on September 7th, 2016.

TDBM has been actively involved in international trade funding programs since 2005, including ADB’s Trade Finance Program in March, 2010. TFP provides guarantees and loans to support trade in developing countries and has supported more than 8,200 small and medium-sized enterprises across Asia, totaling over $23.6 billion.

 

In 2015, TDBM had executed 77.9% of foreign trade related transactions and has proven its leading position in the banking sector of Mongolia through its broad network of foreign transaction settlements, highly educated banking staff and business affiliations with international banks and financial institutions.

 


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