Ulaanbaatar
M bank’s Success Highlighted by Business Insider
Economy
Ulaanbaatar, October 24, 2025 /MONTSAME/. Business Insider, one of the world’s leading business and financial publications, featured our achievement at the Global Finance “Best Digital Bank Award 2025.” In this prestigious award, now in its 26th year, recognizing the world’s top digital banks, M bank was named Mongolia’s Best Consumer Digital Bank, also securing distinctions in the Best Digital-Only Bank and Best Online Product Offerings subcategories. The article highlighted that while Neobanks are rapidly expanding worldwide, M bank is pioneering this new model in Mongolia, successfully localizing the Neobank concept in the country’s banking sector.
M bank’s CEO, Temuulen Batmunkh, said, “This award recognizes that our digital initiatives are gaining acknowledgment on a global level. Moving forward, we plan to continue enhancing the customer experience with initiatives such as the upcoming M bank app 2.0 and new payment solutions.”
