Golomt Bank is a publicly traded financial services company based in Mongolia. As of 2025, the company employs 2800 workers, serving 1 million customers primarily in Mongolia. Golomt Bank is one of Mongolia's largest commercial banks after Khan Bank, and Trade Development Bank of Mongolia (TDB).
History
Golomt Bank was founded in 1995 on March 6 with four employees and 400 million togrog as the country was transitioning from planned economy to market economy.
As of 31 December 2015, the Bank had 71 branches within Mongolia. Also, 26 sub-branches and digital channels include ATMs, Internet, and Mobile banking.
On 29 June 2021, the bank submitted their plan to be public company for review to the Bank of Mongolia and Financial Regulatory Commission .[1]
As of 2025 Golomt Bank is a publicly traded commercial bank of Mongolia, holding around 407 million USD of own capital. Main shareholder of the bank is Golomt Financial Group. The final beneficiary of the company is a Mongolian businessman and banker, Bayasgalan Danzandorj.
Employees
As of 2025, Golomt has over 2,800 employees, with 30% male and 70% female.[2]
See also
External links
References
- Baljmaa T. Golomt Bank submits its plan to be publicly traded Montsame, 4 July 2021, retrieved 3 February 2026^
- Golomt Bank 2011 Annual Report Earnest and Young External Auditors, retrieved 2012-06-18^