History and Highlights
History and Highlights
2023 year
Golomt Bank JSC has distributed dividends to the shareholders.
SocialPay 3.0 version is fully launched.
Officially introduced the "Women Owned" trade mark to the market to support women entrepreneurs.
Opened 7 correspondent banking partnership with the banks of the UK, New Zealand, Spain, and Germany in currencies such as USD, EUR, and GBP.
2022 year
Golomt Bank has made an IPO and has become a Joint-Stock Company.
Joined the “Paris Call for Trust and Security in Cyberspace”.
Successfully introduced the international standard "CARDZONE" card system.
Introduced the New Zealand Dollar /NZD/ currency to the payment system.
Joined the PCI Security Standards Council /PCI SSC/ as a new participating organization for the first time in Mongolia.
Initiated the archaeology project “The Genesis of Heritage and Culture”.
2021 year
Golomt Bank introduced “Si” debit and credit card products for high segment customers.
Successfully introduced the SWIFT GPI system.
Opened new branches which are called “New Airport” and “Lavai”.
Introduced the Turkish Lira /TRY/ currency to the payment system.
Introduced and created Hedging services to the market.
2020 year
Celebrated 25th anniversary of the bank.
Created 4 types of gateways: Payment gateway, Corporate gateway, Retail gateway, Government gateway, and offered to its customers as part of the “Open Bank” policy.
Issued a closed bond bank guarantee in cooperation with Golomt Capital LLC for the first time in the Mongolian market.
Introduced platforms FINEDU website for comprehensive financial education /www.finedu.mn/ and DUA website, the first economic research website in Mongolia /www.dua.golomtbank.com/.
Sponsored the “Heart Will Not Forget” project to diagnose and operate on children with congenital heart defects.
2019 year
Organized The FMC Financial Forum successfully, inviting the top 500 financiers of the largest business organizations in Mongolia.
Updated Internet Banking and Smart Banking services, based on artificial intelligence and new technology.
Launched “My Finance” service based on Data analysis for the first time in Mongolia.
Introduced NFC remote technology to all MasterCard, Visa, UnionPay and American Express cards.
Introduced “The Color” card for children and youth.
2018 year
Launched Virtual card without plastic for online payment.
Organized 7 series of “Zaisan” lectures and trainings and 2,000 customers participated.
Introduced Classic Debit card.
2017 year
Introduced SocialPay digital wallet application, which simplifies payments.
Launched Alternative card number service and credit card partial payment service.
Updated golden debit and credit MasterCard to the market.
2016 year
We provided a full range of banking services to the contractors and subcontractors of the new International Airport project.
Introduced American Express® Green Card and Copper Credit Card.
2015 year
100% insured corporate bonds are being traded for the first time in Mongolia.
Golomt Bank a supporter of financial education launched a website www.edu.golomtbank.com.
Launched American Express® Rewards card for its customers.
2014 year
Became the first bank in Mongolia to have a license to operate Custodian banking service.
Became the first commercial bank in Mongolia to comply with the law FATCA.
Allowed the bank’s customers to access Western Union money transfer service based on the Internet banking.
2013 year
Signed an agreement to introduce the world’s leading American Express card in Mongolia.
Introduced a brand new service to pay taxes online in cooperation with the General Department Taxation of Mongolia.
Updated and introduced Mongolia's first smartphone-based banking and financial application, Smart banking service 2.0 (two zeros) version.
2012 year
Introduced export and foreign trade financing products in cooperation with BHF, Commerz of Germany, and EXIM bank of South Korea.
Introduced the ordered transfer service to the market.
Opened the Business Centers for SMEs.
2011 year
Golomt Bank’s all employees donated one day's salary to the people of Japan affected by the disaster.
Implemented “Employee Stock Ownership Program” successfully for the first time in Mongolia.
Organized “Human Resource Recruitment Campaign” involved about 1,500 people.
2010 year
Established the “First Pension Fund” to secure the future of its employees.
Launched open a savings account online for the first time in Mongolia.
Introduced China UnionPay RMB card for the first time in the international market.
2009 year
Organized international conference "Future trends in payment cards".
Introduced online ordering tickets of train and plane in Mongolia.
Launched the Mobile banking service.
2008 year
100% insured corporate bonds are being traded for the first time in Mongolia.
Golomt Bank a supporter of financial education launched a website www.edu.golomtbank.com.
Launched American Express® Rewards card for its customers.
2007 year
Launched “Self-service banking”.
Issued Platinum MasterCard.
Introduced E-Token solution for Internet Banking services.
2006 year
Initiated an Automated Teller machine /ATM/.
Launched the Green loan.
Launched “Financial Supermarket” service, get all banking services from one place.
2005 year
Issued Platinum Visa card with the highest level of service and various discounts.
Upgraded card payment systems.
Launched Youth Visa Card and Transparent Visa Card, and Mirror Master Cards to the market.
2004 year
Introduced first savings book with magnetic tape security firstly.
Increased types of loan through branched of the bank.
Joined SWIFTNET, an updated version of the SWIFT network.
2003 year
Issued “Golden Key” savings for children.
Received the gold trade license, and to do all kind of banking and financial services in the market.
Started Scholarship Program of Golomt bank for university students.
2002 year
Launched Internet Banking service.
Introduced billing service to pay for housing and electricity from the card account.
Issued Employment Generation Fund loans.
2001 year
Initiated “Telephone Banking” service first time in Mongolia.
Started trading through “Reuters” International trading network.
Approved and stated “Service Quality Standard”.
2000 year
Issued Small business loans for the first time, amongst Mongolian commercial banks.
Joined “Western Union” money transfer and SWIFT networks.
Issued Visa card first time to the market, became an official member of “VISA International”.
1999 year
Issued “MasterCard” first time to the market, became an official member of MasterCard Worldwide.
Opened the first branch in rural area.
Introduced value storage service.
1998 year
Audited financials of the bank by international auditing firm “Arthur Anderson” for the first time amongst Mongolian banks.
Organized training for senior managers of the bank.
1997 year
Introduced “Mobile Banking” and 24-Hour Banking services firstly.
Opened six new sub-branches in large densely populated areas.
1996 year
Issued foreign settlement service license.
Released “Golomt” newsletter for its customers.
Introduced advanced non-cash payment system “Golomt Cheque” service for the first time in Mongolia.
1995 year
Golomt Bank started its operations with four employees and a capital of MNT 436 million, by the order No.59 of President of the Bank of Mongolia.
Opened the first sub-branch of savings bank on the west side of the Government House.
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