State Bank

State Bank logo

State Bank of Mongolia is 100% state-owned bank aiming to maintain the stability of the banking and financial market, to ensure its consumer's interest and benefit and provide risk-free service.

In July 2013, the government of Mongolia combined the 5th-largest bank, Savings Bank, with the State Bank after Savings Bank failed due to a large bad loan to its parent company, Just Group, and previous losses from acquiring Mongol Post Bank.

HQ: Ulaanbaatar, Mongolia
Founded: 2009
ID: 1134. Updated: 12.01.2016

  • Head office: Baga toiruu 7/1, 1st khoroo, Chingeltei District
    Ulaanbaatar 14201
  • Phone: (976)-1881
  • Fax: (976)-11-330595
  • Key people: D. Batsaikhan (CEO)

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