GOLOMT BANK RAISED FINANCING FROM THE INTERNATIONAL MARKET

Golomt Bank has successfully issued a USD 500 million bond in the international market with a 3 year maturity and a 7.95% interest rate.

Major global financial institutions, including JPMorgan Chase, Deutsche Bank, and KGI Asia, participated in the transaction as underwriters.

The bank’s financing cost decreased by 3.875 percentage points compared to the bond issued in 2024, indicating increased confidence from international investors and a positive assessment of Mongolia’s private sector financial capacity.

UBIM continues to monitor international market conditions and financing opportunities, while working to expand investment funding sources for strategic projects and programs.