Golomt bank has been founded in 1995 as one of the first commercial banks in Mongolia
Since its establishment, the Bank has made numerous pioneer initiatives in the Mongolian banking sector such as the first international payment card system, internet banking, 24-hour banking service, Western Union service, Dual currency card, UnionPay Yuan card, the world-famous American Express®Goldcard, the American Express®Greencard, mobile ATMs, the smartphone-based banking application, Smart Bank and the most innovative product, SocialPay.
We operate with a well-balanced presence in all three market segments: Corporate, SME, and Retail. We have successfully accomplished our position as a well-recognized brand in Mongolia through our accomplishments and culture over the past few decades.
We are the largest urban-retail bank, with around 800,000 clients and 100 branches and serving points, serving majority of the urban working population in Mongolia. We are also the market leader in credit cards with our revolutionizing new “ZES” card while successfully capturing 75% of the market within the first year of launch, 2017. Moreover, we serve nearly 80% of the corporate market and leading the local SME development initiatives.
Having long-standing relations with about 100 financial institutions in 30 countries and facilitating almost half of all SWIFT transactions in Mongolia in 15 major currencies, we have the broadest network connection.
As our vision is to become Mongolia’s global benchmark bank, we give much importance in the implementation of best practices and know-hows by collaborating with multiple international organizations and heavily invest in our employees’ professional development through various trainings and activities.
Banking and financial services