Bogd Bank
CMM Verified
Private CompanyFinancial ServicesOverview
- Legal Name
- Bogd Bank
- Company Type
- Private Company
- Industry
- Financial Services
- Founded
- 2014
- CEO
- SARUUL Ganbaatar
- Website
- www.bogdbank.com
- Coverage
- CMM Verified
About the Company
Bogd Bank JSC was established in 2014 and is one of Mongolia's fastest-growing commercial banks. The Bank provides a comprehensive range of financial services, including corporate and retail banking, SME financing, trade finance, treasury, digital banking, and payment services. In 2021, Bogd Bank became the first commercial bank to be publicly listed on the Mongolian Stock Exchange following Mongolia's banking sector reform. The Bank is committed to innovation, customer-centric services, and sustainable growth through technology-driven banking solutions.
Financial Performance
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Net Profit | 28.2B | 40.2B | 51.1B |
| Pre Tax Profit | 31.4B | 44B | 55.5B |
| Net Interest Income | 40.2B | 53.4B | 64.2B |
| Net Non Interest Income | 5.2B | 11.3B | 12.2B |
All figures in MNT. K = thousand, M = million, B = billion, T = trillion.Source: cmm-workbook
Ownership & Structure
Shareholders
Bogd Global Partners LLC (controlling)72.67%
Public shares16.31%
Bogd Capital Investment LLC6.94%
Deal Insights
Bogd Bank Two blended finance facilities totaling $25M from FMO ($20M) and Triple Jump ($5M), both targeting MSME and green lending.
| Date | Amount | Investors | Funding Type | Purpose |
|---|---|---|---|---|
| May 2026 | $75M | International Bond Holders | Bond | Core business expansion including SMEs, trade, export, manufacturing and the private sector |
| Nov 2025 | $5M | Triple Jump | Debt | SME and green lending with blended finance component |
| Jan 2025 | $20M | FMO | Debt | SME and green lending with blended finance component |
Key Personnel
SG
SARUUL Ganbaatar
Chief Executive Officer
BB
Boldkhuyag Bilegt
Chief Corporate Banking Officer
CB
Choinoo Banchin
Chief Business Development Officer
EG
Erdene-Ochir Gan-Erdene
Chief Treasury and Investment Officer
MB
Molomjamts Bat-Ulzii
Chief Financial Officer
MA
Munkhjargal Altanbagana
Chief Business Banking Officer
MA
Munkhnyam Altanzurkh
Chief Information Technology Officer
OU
Orgodol Unurtsetseg
Chief Operating Officer
Sustainability
Sustainability Outcomes
Renewable energyEnergy efficiencyGreen buildingLow carbon transportationPollution prevention and mitigationSustainable water and waste useSustainable agriculture, land use, forestry, and eco tourism
UN SDGs
SDG 1SDG 2SDG 3SDG 5SDG 6SDG 7SDG 8SDG 9SDG 11SDG 12SDG 13SDG 14SDG 15SDG 16SDG 17
ESG PolicyYES
Sustainability DisclosureYES
Transition / Mitigation StrategyYES
Impact TrackedYES
Impact VerifiedNO