Golomt Bank

Golomt Bank (Mongolian: Голомт банк) is a publicly traded financial services company based in Mongolia. As of 2023, the company employs 2300 workers, serving 1 million customers primarily in Mongolia. Golomt Bank is one of Mongolia's largest commercial banks after Khan Bank, and Trade Development Bank of Mongolia (TDB).

Golomt Bank

Golomt Bank in Ulaanbaatar
Company type	Public Company
Traded as	MSE - GLMT
Industry	Commercial Banking
Founded	March 6, 1995 (1995-03-06)
Headquarters	Ulaanbaatar , Mongolia
Number of locations	400
Key people	Norihiko Kato(CEO), G.Ganbold(President)
Net income	(33.8 million USD(2022))
Total assets	2.6 billion USD(2022)
Total equity	250 million USD(2022)
Owner	Golomt Financial group(77.195) Swiss-MO Investment LTD(5.21%)

History

Golomt Bank was founded in 1995 on March 6 with four employees and 400 million togrog as the country was transitioning from planned economy to market economy.

As of 31 December 2015, the Bank had 71 branches within Mongolia. Also, 26 sub-branches and digital channels include ATMs, Internet, and Mobile banking.

Employees

As of 2011, Golomt has over 1,000 employees, with 30% male and 70% female.^[1]

See also

• Bank of Mongolia