Golomt Bank has introduced new financial products and services and continuously implements various projects and programs with special attention to supporting SMEs. In this context, we have been signed an agreement with the International Finance Corporation (IFC) to carry out the SME-360 degree feedback for the purpose of accurately determine the impact and participation of SMEs in the implementation of the our goals, strategic objectives and business model and to improve the coordination of products and services for SMEs.
On behalf of both parties, the agreement was signed by Mr. Odonbaatar Amarzaya, Chief Executive Director of Golomt Bank and Mr. Rufat Alimardanov, Country Representative of International Finance Corporation in Mongolia. After the agreement was signed, the special consulting team of the IFC will work at Golomt Bank to conduct on-site international assessment and provide consulting services.
By doing a 360-degree assessment:
- Improve products and services for SMEs in accordance with international standards.
- Review loan policies and operations.
- Develop supply chain products and factoring services.
- Develop new opportunities for digital products.
- Improve programs and campaigns for customers.
Golomt Bank for SME sector: Golomt Bank has successfully hosted numerous projects, events, and training programs to enhance financial accessibility for small and medium-sized businesses within the framework of sustainable development. In this frame, we have launched the “Women Owned” trade mark for business women in 2023, have successfully implemented the “Mentorship” program for the 3rd time with the aim to support SMEs and annually organized “Business Conference” for the leaders of business sector.