Golomt Bank Explained

Golomt Bank
Native Name Lang:Mongolian
Type:Public Company
Traded As:MSE - GLMT
Industry:Commercial Banking
Hq Location City:Ulaanbaatar
Hq Location Country:Mongolia
Num Locations:400
Key People:Norihiko Kato(CEO), G.Ganbold(President)
Net Income Year:33.8 million USD(2022)
Assets:2.6 billion USD(2022)
Equity:250 million USD(2022)
Owner:Golomt Financial group(77.195) Swiss-MO Investment LTD(5.21%)

Golomt Bank (Mongolian: Голомт банк) is publicly traded financial services company based in Mongolia. As of 2023, the company employs 2300 workers, serving 1 million customers primarily in Mongolia. Golomt Bank is one of Mongolia's largest commercial banks after Khan Bank, 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.

Employees

As of 2011, Golomt has over 1,000 employees, with 30% male and 70% female.[1]

See also

Notes and References

  1. Web site: Golomt Bank 2011 Annual Report. Earnest and Young External Auditors. 2012-06-18. https://web.archive.org/web/20140203012417/http://www.golomtbank.com/uploads/users/2-admin/Annual_Report2010_eng.pdf. 2014-02-03. dead.