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 to strengthen its future growth, financial stability, and mutually beneficial cooperation and improve its financial capabilities to a customer. Therefore, it is obtaining the relevant permission from the MongolBank and accepted by it currently. The bank's liquidity ratio is increased from 45.60% to 62.25%, while the capital adequacy ratio (CAR) increased from 31.50% to 43.48%.

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

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

Besides, the "AQR Asset Quality Review" jointly implemented by the International Monetary Fund, the Government of Mongolia, and the Bank of Mongolia have been successfully completed, and the "Sufficient" rating of the capital adequacy was obtained.