Asiamoney Best Bank Awards

With Khan Bank, the hard part is figuring out which of Asiamoney’s five awards for Mongolia it deserves most, given it checks pretty much all of the boxes.

TransBank set a new standard for multi-tasking in 2021 as it pulled off a merger during an economy-shaking pandemic.

In the 26 years since Golomt Bank opened its doors, it has rapidly grown into a premier commercial bank. In its first two decades, between 1995 and 2015, it expanded to the point where Golomt alone generated business equivalent to a quarter of Mongolia’s gross domestic product.

ABA Bank’s 25th anniversary year did not go according to plan, as Covid-19 ravaged the global economy and starved Cambodia of the tourism and trade flows that are the nation’s lifeblood.