Development Bank of Mongolia

The Development Bank of Mongolia (DBM; Mongolian: Монгол улсын хөгжлийн банк) is a state-owned bank headquartered in Sükhbaatar, Ulaanbaatar, Mongolia.

Development Bank of Mongolia
Native name
Монгол улсын хөгжлийн банк
Company typestate-owned
Industrybanking
Founded2011
Foundergovernment of Mongolia
HeadquartersSükhbaatar, ,
Productsfinancial services
WebsiteOfficial website

History

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The government of Mongolia initiated the establishment of the bank on 20 July 2010 and approved by the parliament on 10 February 2011.[1]

See also

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References

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  1. ^ "Recommendations for Enhancing the Development Bank of Mongolia's Capacity for Financing National Sustainable Development" (PDF). UNDP. 2021. Retrieved 23 January 2024.
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