Golomt bank named the Best Corporate and Investment bank

2019-04-25 13:55:11

Ulaanbaatar /MONTSAME/ The ‘Asia Money’ magazine has selected Golomt Bank as the ‘Best Corporate and Investor Bank’ in 2018 for its status as leading corporate bank serving more than 80 percent of Mongolia’s largest companies, many of which are all-purpose conglomerates with interests ranging from telecoms and food production to construction and mining.

Golomt bank executed the payments and settlements of 75 percent of iron ore and ore concentrate exported nationally, 45 percent of fluorspar, 45 percent of coal exports and 68 percent of all gold exported in year 2018.

Founded in 1995, Golomt has consistently maintained its status as a stable lender supporter of systemic value industries in Mongolia. Over the years the banks has financed important mining, construction, production and service projects and as a result, the development of the Oyu Tolgoi Project and the New Ulaanbaatar International airport projects are being implemented with international standards, advanced technology and better health and safety solutions.