Trade and Development Bank (TDB)

About Trade and Development Bank (TDB)

TDB, Mongolia’s oldest bank, stands as a premier provider of universal banking services, distinguished by its extensive portfolio of over 130 internationally recognized banking products and solutions. Renowned for its professional, customer-centric approach, TDB delivers high-quality financial services to leading Mongolian corporations, foreign enterprises, and representative offices across key industrial and commercial sectors. The bank continuously innovates, ensuring dynamic and reliable service excellence.

A cornerstone of Mongolia’s financial and banking industry, TDB has established itself as a leading innovator in the sector.

Mongolia’s Best Corporate Bank:
TDB supports approximately 400 major Mongolian corporations spanning nearly all key sectors, offering a comprehensive suite of corporate banking services. These include corporate lending, trade financing, syndicated loans, and deposit solutions, all delivered by a team of highly skilled professionals.

As of December 2015, TDB held the largest market share in corporate lending at 41.3% and led trade financing with a 58.2% share. By the end of March 2015, the bank’s total loan portfolio reached MNT 2,716.8 billion, with SME loans amounting to MNT 117.0 billion.

Retail and Digital Banking Leadership:
On May 22, 2015, TDB pioneered custodian services in Mongolia’s capital market, a critical step in fostering investment fund development. The bank also introduced bancassurance services in April 2015 and launched the “Mobile POS” payment solution, featuring EMV chip technology and compliance with EMV Level 1, Level 2, and PCI-DSS security standards—setting new benchmarks in secure transactions.

TDB’s ATMs and POS terminals became the first in Mongolia to accept Diners Club and Discover cards, expanding its payment card acceptance capabilities. In August 2013, the bank rebranded its internet banking platform as “TDB Online,” integrating advanced technologies to enhance customer engagement. By March 2016, the “Most Money” digital banking service had grown to 90,911 users.

In October 2012, TDB introduced UnionPay cards in Mongolia, offering multi-currency functionality in CNY, MNT, and USD. As the only bank in the country enabling transactions across all major global cards—Visa, Mastercard, JCB, and UnionPay—TDB further strengthened its position as Mongolia’s most versatile payment solutions provider.

As of March 2016, TDB operated a network of 60 branches and settlement centers, along with 208 ATMs and 2,211 POS terminals.

Global Recognition and Expansion:
TDB has earned international acclaim for its financial leadership, including the issuance of USD 500 million in senior unsecured notes under Mongolia