TransBank increased its share capital by MNT 22.00 billion and reached to MNT 72 billion, is being 7th commercial bank by its shared funding assets


TransBank increased its share capital by MNT 22 billion to 72 billion MNT in order to strengthen its future growth, financial stability and mutually beneficial cooperation, and to increase its financial capabilities to a customer and thereby it is obtaining the relevant permission to the MongolBank and accepted by it currently. The bank's liquidity ratio is increased from 45.60% to 62.25% while capital adequacy ratio (CAR) increased from 31.50% to 43.48%.

In doing that the bank's ability to support of the value-added mining, agricultural, construction and manufacturing industries are being provided and is increased the customers with a fast and reliable service to the business sector.

Today, the TransBank is ranked at 7th in total equity in its banking system and has a leading position in terms of capital adequacy.

In the meantime, the TransBank has made an evaluation of the international Moody's rating agency in 2017, assessing the intraday value of B3, rating credit rating B3, adjusted rating credit rating B3 and the banking prospectus as "Stable". In addition, the "AQR Asset Quality Review" jointly implemented by the International Monetary Fund, the Government of Mongolia and the Bank of Mongolia has been successfully completed and the "Sufficient" rating of the capital adequacy