The list of banks in Mongolia includes:
Assets of banks in Mongolia are highly concentrated (100% of assets held by five or fewer banks).
Central bank Bank of Mongolia (Mongolbank)
State-owned banks
Name Abbv. Established WebsiteState Bank23 November 2009statebank.mnDevelopment Bank of MongoliaDBM2011dbm.mn
Commercial banks As of 2023, Mongolia has 13 operational commercial banks. Name Abbv. Established Majority owner Capital WebsiteTrade and Development BankTDBOctober 1990Globull Investment & Developmenttdbm.mnGolomt Bank6 March 1995Golomt Financial Groupgolomtbank.comXacBank2001TenGer Financial Groupxacbank.mnKhan Bank1991Sawada Holdingskhanbank.comCapitron Bank2001Ajnai Corporationcapitronbank.mnNational Investment Bank of MongoliaNIBank2006 Dolgorsürengiin Dagvadorjnibank.mnChinggis Khaan BankCKBank2001New Standard Financeckbank.mnCredit Bankcreditbank.mnTrans Bank27 October 2016P. Radnaabazartransbank.mnArig Bank1997Nomin Holdingarigbank.mnBogd Bank2014Bodi Capitalbogdbank.comM bankhttps://m-bank.mn/
References
Financial Sector Structure and authorities responsible for financial stability