State Bank

Warm greetings to all our esteemed customers!

In 2015, the macro economic environment in Mongolia faced challenges with economic growth at only 2.3%. While external and internal conditions were not favorable, State Bank was able to maintain its sound operation thanks to the right policy and smart management approach, and led the banking sector invarious indicators.
Currently, State Bank holds MNT 1.7 trillion in assets and maintains all the prudential ratios such as capital adequacy ratio and liquidity ratio established by the Bank of Mongolia on a regular basis. Setting small and medium enterprises and retail banking service as our target, the Bank is expanding to have a nationwide network that serves every corner of the country. Our customers can receive all types of electronic banking services at their convenience using the internet, mobile phone or extensive network of ATMs located at our branches and many more locations. State bank is working to become a bank with the best service, best communication and profitability by maintaining its unique characteristics in the banking and financial sector of Mongolia and delivering the finest banking services and advocating all forms of cooperation with our customers.
Although we are facing significant challenges due to the current economic and financial conditions, I believe that 2016 will be a positive year that brings opportunities. I wish every success and prosperity to our esteemed customers, business partners and investors, who have placed their trust in us!