Development Bank of Mongolia | |
Native Name: | Монгол улсын хөгжлийн банк |
Native Name Lang: | mn |
Type: | state-owned |
Industry: | banking |
Founded: | 2011 |
Founder: | government of Mongolia |
Hq Location: | Sükhbaatar |
Hq Location City: | Ulaanbaatar |
Hq Location Country: | Mongolia |
Products: | financial services |
The Development Bank of Mongolia (DBM; Mongolian: Монгол улсын хөгжлийн банк) is a state-owned bank headquartered in Sükhbaatar, Ulaanbaatar, Mongolia.
The government of Mongolia initiated the establishment of the bank on 20 July 2010 and approved by the parliament on 10 February 2011.[1]