Bogd Bank
CMM Verified
Private CompanyFinancial ServicesOverview
- Legal Name
- Bogd Bank
- Company Type
- Private Company
- Industry
- Financial Services
- Founded
- 2014
- CEO
- Ganbaatar Saruul
- Website
- www.bogdbank.com
- Coverage
- CMM Verified
About the Company
Bogd Bank is Mongolia's first new bank of the millennium, founded in 2014 by the Luvsanvandan family and became the first publicly listed bank on the Mongolian Stock Exchange in December 2021.
Financial Performance
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Net Interest Income | 40.2B | 53.4B | 64.2B |
| Net Non-Interest Income | 5.2B | 11.3B | 12.2B |
| Pre-Tax Profit | 31.4B | 44.0B | 55.5B |
| Net Profit | 28.2B | 40.2B | 51.1B |
All figures in MNT. K = thousand, M = million, B = billion, T = trillion.
Ownership & Structure
Shareholders
Public shares16.31%
Pocket shares4.08%
Bogd Global Partners LLC (controlling)72.67%
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
GS
Ganbaatar Saruul
Chief Executive Officer
BB
Boldkhuyag Bilegt
Chief Corporate Banking Officer
MA
Munkhjargal Altanbagana
Chief Business Banking Officer
CB
Choinoo Banchin
Chief Business Development Officer
MB
Molomjamts Bat-Ulzii
Chief Financial Officer
MA
Munkhnyam Altanzurkh
Chief Information Technology Officer
EG
Erdene-Ochir Gan-Erdene
Chief Treasury and Investment 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