/ Apr 28, 2016

TDB WAS RECOGNIZED AS “BEST LOCAL TRADE FINANCE BANK IN MONGOLIA” FOR THE FIFTH CONSECUTIVE YEAR

Continuing the global prestigious awards, TDB was recognized as the “Best local trade finance bank in Mongolia” for the fifth consecutive year and awarded on September 9th, 2015.

 

 

The globally acknowledged this event is organized by Global Trade Review (GTR) annually and known as its honest selection. The selection is voted by GTR readers in favor of Asia’s leading banks, financial institutions, insurers and lawyers.

As of June, 2015, TDB has obtained over 522 million trade finance lines established by 45 international banks and financial institutions and supported the foreign trade related entrepreneurs. TDB’s global presence and expansive network of correspondent banks enable us to deliver a wide range of financial services for trade finance operations in any region of the world.

TDB, the largest trade finance bank in Mongolia, maintains its leading position in trade related transactions based on its clientele base comprised of the country’s major corporations across all business sectors. The Bank alone handled around 55.6% of Mongolia’s total trade finance related transactions as of June, 2015. From its establishment in 1990, TDB provided trade finance service and differentiated by its stable, responsible operation and long experience.

At the end of second quarter of 2015, TDB’s leading the banking sector with total asset of MNT 5,887.3 billion, capital funds of MNT 720.2 million and the total income of MNT 91.1 billion. We, on behalf of TDB, would like to congratulate and thank all employees, valued customers, and partnering organizations for their effort and commitment.

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