The list of banks in Mongolia includes:[1]
Assets of banks in Mongolia are highly concentrated (100% of assets held by 5 or fewer banks).[2]
| Name | Abbv. | Established | Website | |
|---|---|---|---|---|
| State Bank | 23 November 2009 | statebank.mn | ||
| Development Bank of Mongolia | DBM | 2011 | dbm.mn |
As of 2023, Mongolia has 13 operational commercial banks.
| Name | Abbv. | Established | Majority owner | Capital | Website | |
|---|---|---|---|---|---|---|
| Trade and Development Bank | TDB | October 1990 | Globull Investment & Development |  | tdbm.mn | |
| Golomt Bank | 6 March 1995 | Golomt Financial Group | | golomtbank.com | ||
| XacBank | 2001 | TenGer Financial Group | | xacbank.mn | ||
| Khan Bank | 1991 | Sawada Holdings |  | khanbank.com | ||
| Capitron Bank | 2001 | Ajnai Corporation | | capitronbank.mn | ||
| National Investment Bank of Mongolia | NIBank | 2006 | Dolgorsürengiin Dagvadorj | | nibank.mn | |
| Chinggis Khaan Bank | CKBank | 2001 | New Standard Finance | | ckbank.mn | |
| Credit Bank | | creditbank.mn | ||||
| Trans Bank | 27 October 2016 | P. Radnaabazar | | transbank.mn | ||
| Arig Bank | 1997 | Nomin Holding | | arigbank.mn | ||
| Bogd Bank | 2014 | Bodi Capital | | bogdbank.com | ||
| M bank | | https://m-bank.mn/ |