Development Bank of Mongolia

The Development Bank of Mongolia (DBM; Mongolian: Монгол улсын хөгжлийн банк) is a state-owned bank headquartered in Sükhbaatar, Ulaanbaatar, Mongolia.

Development Bank of Mongolia

Native name	Монгол улсын хөгжлийн банк
Company type	state-owned
Industry	banking
Founded	2011
Founder	government of Mongolia
Headquarters	Sükhbaatar, Ulaanbaatar , Mongolia
Products	financial services
Website	Official website

History

The government of Mongolia initiated the establishment of the bank on 20 July 2010 and it was approved by the parliament on 10 February 2011.^[1]

See also

• List of banks in Mongolia