Sector growth trajectory: NBFI expansion from 188 institutions in 2011 to 575 by end-2025, loan CAGR of 38% vs 21% for banks, and NBFI assets reaching 14.16% of bank assets (loans at 9.6%).
Five years ago, Mongolian NBFIs were barely on the radar of international investors. Recently, several of them have landed on term sheets from IFC, FMO, and a Singapore-based fintech fund, and one has issued a bond in South Korea.
A $2 billion push to convert cheap renewable energy and a cold climate into Asia's next computing hub, backed by ten MoUs and a 24-month deadline
Why the Mongolia Investment Forum: London 2026 is worth an afternoon of your September.
XacBank has secured a USD 40 million long-tenor facility from Proparco, the private-sector arm of France's development agency, Agence Française de Développement (AFD), during the COP17 summit hosted in Ulaanbaatar. The agreement was signed by G.
Khan Bank has signed its first bilateral facility with Proparco, the private-sector arm of France’s AFD Group, securing a USD 50 million credit line split between climate finance and lending to micro, small and medium-sized enterprises (MSMEs).
Only weeks after its June debut, the Development Bank of Mongolia (DBM) has reopened its 6.9% July 2031 senior bond for a further USD 250 million, lifting the total outstanding to USD 750 million.
Mongolia DealBook 2025: A Breakout Year for Foreign Capital We’re excited to share the release of Mongolia DealBook 2025 , our inaugural flagship report tracking how Mongolia’s private sector accessed foreign capital—and what it tells us about the country’s evolving investment…
Inside Mongolia's NBFI boom: rapid growth, rising NPLs and the regulatory response, and profiles of the sector's listed leaders.
Diversify Your Portfolio with Mongolian Bonds
As of the first half of 2026, Golomt Bank demonstrated continued growth and financial resilience, with total assets reaching MNT 19.9 trillion and net profit of MNT 134 billion.
Established in 1991 by government decree, the Mongolian Stock Exchange (MSE) is the country's principal platform for securities and mining commodities trading, and the central institution underpinning Mongolia's capital market.
Founded in 1991 and privatized in 2003, Khan Bank is Mongolia’s largest commercial bank, serving over 2.9 million customers—approximately 82% of the nation’s population. As of year-end 2025, Khan Bank demonstrated robust growth with total assets reaching ₮23.8 trillion and a net…
Cooperation agreed at the inaugural Mongolia Investment Forum: Shanghai 2026, held at the Grand Hyatt Jin Mao Tower on 27 May SHANGHAI, May 27, 2026 — Envision Energy (“Envision”) and MCS International (“MCSI”) today agreed to jointly develop renewable energy solutions in…
Signing takes place at the inaugural Mongolia Investment Forum: Shanghai 2026, held May 27 at the Grand Hyatt Jin Mao Tower SHANGHAI, May 27, 2026 — Stairway LLC of Mongolia and TZME (Tianjin) Co., Ltd of China today signed a strategic cooperation agreement to establish Gobi…
Capital Markets Mongolia (CMM) hosted the inaugural Mongolia Investment Forum: Shanghai 2026 at the Grand Hyatt Shanghai, the fourth edition of its global series following New York, London, and Singapore.
Discover more about Golomt Bank— and Mongolia’s next big investment story
Discover more about ICFG — and Mongolia’s next big investment story
CMM Guide: Mining Finance featured an interview on mining finance with Mr. Batpurev Ts., CEO of Khan Altai Resources.
This month’s issue opens with a comprehensive Economic Overview alongside our featured Story of the Month, "Mongolia's COP17 Report Card." We also examine fiscal trends in our Chart of the Month, "Debt Up, Burden Down." For the complete analysis, click the "Download file" button…
This month’s key highlights include: 📊 Economic Overview: Mongolia Passes Landmark Law on Economic Freedom: What It Means for Foreign Investors 📰 Story of the Month: Government Takes First Step in SOE Reform 📈 Chart of the Month: For Mongolia, copper is emerging as a more…
This month’s key highlights include: ▫️ Economic Overview: Bank of Mongolia Holds the Policy Rate at 12% ▫️ Story of the Month: Rio Tinto's Oyu Tolgoi Reset: Mongolia Pushes for a Bigger Share of Its Mining Wealth ▫️ Chart of the Month: Mongolia's NBFIs Are Growing Twice as Fast…
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