Objectives and Strategy
The bank’s overall business strategy is to become the leading financial services provider in Mongolia. The objective is to achieve this through expanding into the Ulaanbaatar market, while continuing to enhance its services for its core country-wide customer base. The key elements for implementation of this strategy are the following:
- Maintain leadership in retail banking
- Service the SME sector
- Grow wholesale banking activities
- Service the Government, a key customer
- Diversify sources of funds
- Enhance service delivery
- Establish non-bank financial services
- International expansion
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