Introduction

TDB was established in October 1990 and over past decade has become a leading banking and financial services provider in Mongolia.

TDB, the oldest bank of Mongolia, prides itself for its leading position in the universal banking service provider, offering a full range of services, including large corporate, SME and retail lending, deposit-taking, trade finance, remittance, cash management, treasury, foreign exchange and investment banking. TDB acts as a primary lender to most of Mongolian leading corporations as well as foreign corporations and foreign representative offices across all major industrial and commercial sectors with a constantly innovating range of universal banking products and services delivered with dynamism and excellence in service and quality. Leveraging this pre-eminent position and its long-standing customer relationships, the Bank has consolidated its market-leading position in the handling international trade finance and remittance, with access to credit lines from major international lenders and correspondent banking relationships with over 150 international financial institutions.

Always responsive to the publics various banking requirements, TDB offers over 100 types of international standard banking products, services and has about 1245 highly qualified staff providing professional and user friendly banking services through a network of 47 branches, settlement centers and teller counter, 160 ATMs, 1948 POS terminals, internet banking and SMS banking throughout the country, which utilizes the same technology as our international partners. TDB is undoubtedly the major player in the financial and banking markets as well as a major innovator of the Mongolian financial sector.

Trade and Development Bank (TDB), the oldest and the largest corporate bank in Mongolia, successfully issued USD 300 million senior unsecured notes listed at Singapore Stock Exchange on 13 September 2012. This was the fourth time that TDB tapped the international bond markets, after two successful senior unsecured deals in 2007 and 2010, respectively, and a subordinated notes issuance in 2010. 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.

Furthermore one of the most important highlight was Trade and Development Bank of Mongolia (TDB) signed an investment agreement with The Goldman Sachs Group, Inc. (Goldman Sachs), a leading global financial services firm. Goldman Sachs has acquired a 4.8 percent stake in TDB in January 2012. The investment assists TDB in growing its business to meet the expected increased needs of its clients as Mongolia’s economy continues a period of strong economic growth.

In October of 2012, TDB announced the official launch of Bloomberg TV Mongolia in partnership with Bloomberg International. The launch of Bloomberg TV Mongolia signifies the introduction of the first international broadcast news organization in Mongolia, one of the fastest-growing stock markets and investing environments in Asia today.

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 "Euromoney", “Best Bank of Mongolia 2012” by “FinanceAsia”, “Best Corporate Bank Mongolia 2012” by “GBFR”, “Excellent  Quality of Straight Through Processing Award” by Commerzbank AG 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. The Bank continuously strives to increase its income figures and asset size.

At the end of March 2013, TDBs total assets reached MNT 3072.8 billion and capital funds reached MNT 312.7 billion, representing 24.6% and 24.7% market shares respectively. The Bank has had a strong earnings track record with MNT 15.0 billion in 2009, MNT 20.7 billion in 2010, MNT 48.5 billion in 2011, MNT 64.8 billion in 2012 and MNT 17.3 billion at the end of March 2013.

Corporate banking division

TDB is the largest corporate lender in Mongolia with 28.5% corporate lending market share, in the end of March 2013. It serves approximately 400 major Mongolian corporations in almost all major business sectors. TDB provides various corporate banking services including corporate lending, trade financing, syndicated lending and deposit taking. At the end of March 2013, TDB’s corporate loan reached MNT 969.9 billion and SME loan amount MNT 91.6 billion.

International Banking Department

The Bank has direct correspondent relationships with more than 150 foreign banks and financial institutions, such as American Express Bank, HSBC Bank N.A, Citibank N.A, Bank of Tokyo-Mitsubishi UFJ ltd, Commerzbank AG, Credit Suisse, ING N.A, and manages its international transactions through 41 nostro accounts held with those 30 banks. By the end of March 2013, the TDB has closely collaborated with 34 major Banks and Financial institutions on trade finance loans. TDB has on-lending programs from the Asian Development bank, KFW and JICA to provide long-term financing to SME and private sector clients, with credit lines amounting to USD11.0 mln, EUR4.3 mln and USD62 mln respectively, and tenors up to 10 years. The Bank had successfully arranged USD 171.2 million and MNT 58 billion syndicated loan facilities with reputable international financial institutions from the year of 2005 to 2012. TDB has been successfully arranged financing facilities and projects, cooperating with well-known international banking and financing institutions with following commitments:

Co-Arranger for:

Lead Manager for:

Manager for:

Retail banking division

TDB believes in investing in state-of-the-art technology to provide a complete range of value-added personal banking products and services to customers. The Bank introduced for the first time in Mongolia an internet banking service with a 2-step authentication system that is connected to the SWIFT network, and an SMS banking service that is compatible with both GSM and CDMA providers. The bank is determined to maintain its lead position in card-related products by improving existing features of cards and introducing new products. A Loyalty card program for its rapidly developing cardholder client base has been launched to deliver a value-added financial service. TDB is the only bank that allows its clients to accept transactions from all the cards of the worlds leading financial institutions, such as Visa, Master card, JCB and UnionPay. The Bank was the first to introduce automated teller machines (ATM) to the Mongolian market. It currently has 33 branches in Ulaanbaatar City, 12 branches in rural areas located near railroad networks, 160 ATMs, about 1948 POS terminals in our merchant companies in Mongolia.

Treasury division

TDB was the first Mongolian bank to begin treasury activities on the international foreign exchange and money markets and has the longest experience in treasury banking in Mongolia. The Bank also plays a role in supplying market information and expert analysis on the economic situation, monetary policy and currency demand and supply. The Bank has been active in the commercial gold trading business since it received the first commercial gold trading license from the Bank of Mongolia in January 2000 and is one of the leading participants in the market. The Bank was also the first commercial bank in Mongolia to buy and sell gold for export.  The Bank also maintains close relationships with mining companies providing them credit transactions, gold trading and international settlement services. Within the Mongolian banking sector, TDB holds the largest portfolio of foreign assets, making it the lead player in the foreign exchange market. TDB is leading player in the domestic money market, accounting for approximately 15.1% of total market share. It also dominates Mongolia’s with a 78.0 % gold market share respectively.

Moody’s rating on TDB

Moody’s assigned a foreign currency issuer rating of B1/P for TDB, in line with Moody’s country ceiling rating on Mongolia. TDB’s local currency issuer rating of B1/NP, affirm in March 2013, is two-notches higher than the Mongolian sovereign rating.

Achievements

2013-03-31

ШИНЭ МЭДЭЭ МЭДЭЭЛЭЛ
	Хүндэт харилцагчдын анхааралд
	БАНКИР 2013 САГСАН БӨМБӨГИЙН ТЭМЦЭЭНИЙ УРИЛГА Арилжааны банкууд болон Монголбанк, Сангийн яамны ажилтан, албан хаагчдын дунд уламжлал болон явагддаг “БАНКИР 2013” сагсан бөмбөгийн аварга шалгаруулах тэмцээнийг энэ удаад Худалдаа, хөгжлийн банк зохион байгуулахаар бэлтгэл ажлаа хангаж байна.
	“Худалдаа, түүхий эдийн санхүүжилтийн 2-р бага хурал”-д оролцлоо Монгол улс дахь худалдаа, түүхий эдийн санхүүжилтийн өнөөгийн байдал, тулгамдсан асуудал, түүнийг сайжруулах талаар төрийн болон хувийн хэвшлийн байгууллагууд хамтран хэлэлцсэн олон улсын бага хурлыг GTR (Global Trade Review), Exporta групп 5-р сарын 14-ний өдөр зохион байгууллаа.
	МОНГОЛ УЛС ДАЯАР JCB КАРТЫГ ТӨЛБӨРТ ХҮЛЭЭН АВАХ БОЛОМЖИЙГ БИЙ БОЛГОЛОО Дэлхий даяар 79 сая карт эзэмшигчтэй, өргөн сүлжээ бүхий JCB картыг 1994 оноос Худалдаа, хөгжлийн банк төлбөрт хүлээн авах үйл ажиллагааг эхлүүлсэн юм.