Timeline
July 2014
February 2015
March 2015
March 2018
March 2019
December 2020
February 2021
April 2022
Established with a single shareholder to provide loans to individuals, family businesses, small and micro businesses, and small and medium-sized businesses.
It has 2 shareholders and a total capital of 400.0 million tugriks.
The shareholder structure was changed, resulting in a total share capital of 800.0 million tugriks.
The shareholder structure was changed to have 1 shareholder and a total capital of 1.0 billion tugriks.
The amount of issued capital was increased to 1.4 billion tugriks.
Licensed to trade foreign exchange and invest in short-term financial instruments .
The amount of issued capital was increased to 2.5 billion tugriks and a special license was obtained to conduct electronic payment and money transfer activities .
Established a board of directors and registered with the Financial Regulatory Commission. Obtained a special license to operate as a Non-Bank Financial Institution "Trust Services" .