VISION

ECONOMIC ENVIRONMENT AND SUSTAINABLE SECTOR BUSINESS BANKING.

MISSION

NATIONAL SUSTAINABLE PRODUCTS AND EXPORTS OF SPECIFIC DEVELOPMENTS FOR ECOPORTS.
 
OVERVIEW

The Government of Mongolia has decided to establish the Development Bank of Mongolia on July 20, 2010. Subsequently, the Mongolian Parliament passed the Law on Development Bank of Mongolia on 10 February 2011 and approved the Development Bank of Mongolia as a dedicated, profit-oriented, state-owned legal entity to carry out activities aimed at financing major development projects and programs of Mongolia. in the law. Thus, the legal basis for the Development Bank has been established.

The Development Bank of Mongolia (DBM) officially opened on 12 May 2011.

In cooperation with the Development Bank of Mongolia, Development Bank of Korea and the Management Team on August 30, 2011, five specialists from the Bank of Mongolia joined the Bank in May 2013. The Government of Mongolia resolved to terminate the "Management Agreement" between the DBM, the Development Bank of Korea and the Management Team on May 25, 2013, to ensure that the Development Bank of Mongolia was stabilized. The management of the national team is implementing alone.

The purpose of the DBM is to finance the growth of Mongolia's economy and to finance major and priority projects for Mongolia's development and to fund the following programs and programs. These include:

• New development medium term target program
• State policy on rail transport
• Sainshand Industrial Complex
• Projects and programs included in the road and energy constructions constructing at the expense of their own funds and payable 

To authorize the Development Bank of Mongolia to issue a bond of 800.0 billion MNT by the resolution No. 85 of the Government of Mongolia in order to create these sources of financing. As a result of our preliminary opening of our bonds to international commissions in August 2011, we successfully established the "Medium-Term Euro Bond Program" of 600 million USD on November 30, 2011, with the initialization of 20.0 million dollar bonds were closed in international markets, which was successfully traded in 580.0 million USD in March 2012 with a 5.75% interest rate on the international market.

Thus, the Development Bank of Mongolia, which finances large projects and programs for Mongolia's major development projects and projects, plays an important role in financing large projects and projects that will play an important role in Mongolia's development.