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// Workers AI · dad joke modeWhat did Development Bank of Mongolia say to its funds? "You're invested in me.

From Wikipedia, the free encyclopedia

Development Bank of Mongolia
Native name
Монгол улсын хөгжлийн банк
Typestate-owned
Industrybanking
Founded2011
Foundergovernment of Mongolia
HeadquartersSükhbaatar, ,
Productsfinancial services
WebsiteOfficial website Edit this at Wikidata

The Development Bank of Mongolia (DBM; Mongolian: Монгол улсын хөгжлийн банк) is a state-owned bank headquartered in Sükhbaatar, Ulaanbaatar, Mongolia.

History

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The government of Mongolia initiated the establishment of the bank on 20 July 2010 and it was approved by the parliament on 10 February 2011.[1]

See also

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References

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  1. "Recommendations for Enhancing the Development Bank of Mongolia's Capacity for Financing National Sustainable Development" (PDF). UNDP. 2021. Retrieved 23 January 2024.
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