Development Bank of Mongolia

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Development Bank of Mongolia
Native name
Монгол улсын хөгжлийн банк
Company type
banking
Founded2011
Foundergovernment of Mongolia
HeadquartersSükhbaatar, ,
Productsfinancial services
WebsiteOfficial website

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

History

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

References

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

External links