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In total, there are 13 commercial banks operating in Mongolia (December 2014).
Arig Bank | Ulaanbaatar Update: 2015-04-17

Arig Bank (former Erel Bank) is the second oldest commercial bank of Mongolia. The Bank offers a range of financial products and services, including checking and savings accounts, deposit boxes, personal loans, business loans, debit cards, SWIPE services, global remittance services (Money Gram / Swift), FX / Escrow, and online banking.
Capital Bank of Mongolia (CBM) | Ulaanbaatar Update: 2016-01-12

Capital Bank of Mongolia (former Innovation Bank) is a commercial bank that provides a wide range of banking services to corporate clients in Mongolia. The one of main goal of the Capital Bank is to support investments and development of small and medium sized enterprises.
Capitron Bank of Mongolia | Ulaanbaatar Update: 2017-03-21

Capitron Bank is a 100% Mongolian-owned bank. We are proud that we have formed an image of effective commercial bank on the market, based on our strategy to introduce modern information technology to banking services. During past fourteen years we have developed into a sound financial institution delivering all types of banking product services to its customers in order to earn their trust and meet their expectations.
Chinggis Khaan Bank | Ulaanbaatar Update: 2020-03-01

Chinggis Khaan Bank is the first bank in Mongolia with 100% of foreign direct investment. The bank is fully owned by national investor and is restructured accordingly to broaden its scope of business in socio-economically beneficial regions such as Ulaanbaatar city, Selenge and Umnugobi provinces.
Credit Bank | Ulaanbaatar Update: 2015-04-17

Credit Bank is a commercial bank that provides a wide range of banking services to private and corporate clients in Mongolia. It's a bank with 100% of foreign investment.
Development Bank of Mongolia | Ulaanbaatar Update: 2017-01-23

Development Bank of Mongolia (DBoM) is a Government-owned, policy-oriented development financial institution. The missions of the Bank are supporting economic growth and financing infrastructure projects.
Golomt Bank | Ulaanbaatar Update: 2022-12-30

Golomt Bank is the largest privately owned bank in Mongolia. The Bank offers the complete spectrum of commercial and investment banking services to both domestic and international enterprises active in or trading and investing in Mongolia.
National Investment Bank | Ulaanbaatar Update: 2015-04-17

State Bank | Ulaanbaatar Update: 2016-01-12

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.
The Bank of Mongolia | Ulaanbaatar Update: 2014-12-29

The Bank of Mongolia (BoM or Mongolbank) is the central bank of Mongolia. The main objective of the Bank is to ensure stability of the national currency - Togrog. Within this main objective, the BoM promotes balanced and sustained development of the national economy, through maintaining the stability of money, financial markets, and the banking system.
XacBank | Ulaanbaatar Update: 2023-01-31

XacBank (Khas Bank) is a leading Mongolian bank in terms of long-standing quality of loan portfolio. The Bank provides a wide range of banking services to private clients including saving accounts, consumer loans, safe deposit boxes, UnionPay cards, and Mobile Banking.

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