Golomt Bank was established on March 6, 1995 as a subsidiary company of Bodi International LLC, a major player in the social and economic sector of Mongolia. We operate with a well-balanced presence in all of three market segments: Retail, Corporate, and SME. Golomt Bank one of the systemically important banks in Mongolia, which is a leader in the country’s development and operates under the motto “Investing for a brighter future” for the happy life of every citizen and customer. We have successfully accomplished our position as a well-recognized brand in Mongolia through our accomplishments and culture over the past few decades.
Golomt Bank proudly introduced Mongolia's first digital wallet application, SocialPay, setting a new standard in the market. In 2023, we launched SocialPay 3.0, an upgraded version featuring faster, more convenient, and advanced solutions to meet our users' needs. Building on this success, we are excited to announce the upcoming release of SocialPay Junior in March 2024. Designed for children aged 7 to 18, this innovative app aims to nurture the financial literacy of future smart citizens. SocialPay Junior will empower children to gain financial education early on, allowing them to manage their income, track expenses, and handle their finances independently. Golomt Bank remains committed to developing cutting-edge digital products and services. Our goal is to offer customer-centric and accessible solutions, continuously enhancing the digital banking experience for all our users.
Golomt Bank has officially announced that will become a joint-stock company by issuing IPO on January 23rd, 2022. For Golomt Bank, Two great achievements have been recorded in the history of the stock market of Mongolia such as "The biggest IPO" (118.8 billion MNT) and 114.4 billion MNT collected from the public in the shortest time. Becoming a open bank was an important event that took it to the next level of development and started new page of history.