The Capital Finance International /CFI/ have conferred on Golomt Bank the 2024 award for Best Bank Mongolia.
Each year, CFI.co Awards Program seeks out individuals and organizations that contribute significantly to the convergence of economies and truly add value for all stakeholders. Reporting from the frontlines of economies on the move, CFI.co realizes that best practice is to be found throughout the world. The Awards Program aims to identify and reward excellence wherever it is found and inspire others further to improve their own performance.
Golomt Bank’s initiatives are part of the broader commitment to sustainable banking, evident in its provision of environmentally friendly green loans that support responsible financial growth. Golomt Bank has also successfully issued its inaugural US$ bond and expanded its footprint in international markets. This successful transaction is an important event for the Mongolian banking sector to make a breakthrough in the global market and subsequently increase foreign exchange reserves in Mongolia. The Bank’s recent publication of its financial results for the first quarter of 2024 further underscores its commitment to transparency and prudent financial management. The panel confirms that this steadfast dedication to innovation, digital transformation, client satisfaction, and sustainable banking practices firmly established Golomt Bank as the rightful recipient of the 2024 award Best Bank in Mongolia.
The judging panel, Capital Finance International
We will continue to strengthen responsible collaboration with our customers and clients to create a sustainable future further, and to accelerate the green and sustainable transition of the economy, digital ecosystem, creating a real positive impact.
GOLOMT BANK
About CFI:
CFI.co is a print journal and online resource reporting on business, economics, and finance. Headquartered in London, CFI.co covers and analyses the drivers behind that change. Combining the views of leading multilateral and national organizations with thought leadership from some of the world’s top minds – CFI.co’s dedicated editorial team ensures that readers better understand the forces influencing and reshaping the global economy.
https://cfi.co/awards/asia-pacific/2024/golomt-bank-best-bank-mongolia-2024/