22

Organization History

"IKH MONGOL CREDIT" NBFI was established in 2004 with the permission of the Bank of Mongolia, when the financial sector of Mongolia was rapidly developing and the need for citizens to increase access to financial services was growing.
 
At that time, Mongolia's economy had fully transitioned to a market system and the development of the private sector was intensifying, but access to financial services for small and medium-sized businesses, household producers and citizens was still limited. Based on this need, our organization began its operations with the aim of providing customers with fast, reliable and accessible financial services.
 
Currently, we have expanded into a financial institution that has provided services to more than 2,300 business entities and organizations and about 55,000 customers, creating sustainable development in our industry. Since its establishment, we have been committed to customer-centric operations, professional ethics, transparency and sustainable development, and have become a reliable financial partner that our customers trust.
 
Our organization has been expanding its operations in accordance with three types of licenses issued by the Financial Regulatory Commission since 2011, with the aim of making a real contribution to the development of the Mongolian banking and financial market and developing its operations in line with international standards. We continuously improve our products and services and introduce innovative solutions to the market that meet the needs of our customers.
 
In the era of digital transition, in line with technological developments and consumer needs, in 2021, we launched the "Ikh Mongol Credit" application based on iOS and Android operating systems and began providing our customers with loan and payment services based on fintech solutions. This has created the opportunity to receive financial services in a more convenient, accessible and fast way.
 
We have also made information security a priority of our operations and in 2024, we introduced an Information Security Management System to meet the international standard ISO 27001:2022. This standard provides an opportunity to protect the confidentiality, integrity and security of customer information at an international level.
 
"Ikh Mongol Credit" NBFI works to meet the financial needs of its customers and contribute to their success and growth. We keep pace with the changes of the times and continuously develop new products and services, and aim to be a trusted partner for each customer.
 
In addition, we actively participate in the activities of professional associations in the industry and contribute to the development of the financial sector of Mongolia, while also emphasizing the development of our organization's human resources. We are working to create training and development programs that support professional and personal development for our employees, career growth opportunities, and a performance-based KPI incentive system.
 
We strictly comply with the requirements of laws and regulatory bodies, submit the necessary reports to the Financial Regulatory Commission and the Bank of Mongolia on time, and maintain high standards of financial discipline and governance.
 
Ikh Mongol Credit NBFI will continue to be a trusted partner to its customers and make a real contribution to the development of Mongolia's financial sector by providing accessible financial services based on advanced technology and innovation.

Mission

To be the leader in the field of microfinance with constantly innovative and smart solutions, products and services, continuous development team and creative approach.

We respect our customers, value long-term cooperation, deliver products and services with smart and perfect solutions, and are a creative, positive and cooperative team.

  • Communication 
  • Customer
  • Character
  • Community

OUR GOAL-YOUR SUCCESS!

1631+

Customers /individuals/

739+

Customers /entities/

3.3+

Loans /billion/

18

Experience /years/

2

Branches

Company history

2004

Received the right to establish a new bank from The Bank of Mongolia. 8 new branches were established.

2014
Moving to the "Ikh Mongol Complex" provided an opportunity to serve in an innovative office that provides comfort.
2024 ОН
2034