Development Bank of Mongolia
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Native name | Монгол улсын хөгжлийн банк |
|---|---|
| Company type | state-owned |
| Industry | banking |
| Founded | 2011 |
| Founder | government of Mongolia |
| Headquarters | Sükhbaatar, , |
| Products | financial services |
| Website | Official website |
The Development Bank of Mongolia (DBM; Mongolian: Монгол улсын хөгжлийн банк) is a state-owned bank headquartered in Sükhbaatar, Ulaanbaatar, Mongolia.
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]