Sustainable Finance Program

Bogd Bank is building a sustainable future through environmentally friendly financing, socially responsible operations, and transparent governance.

What is Sustainable Finance?

Sustainable Finance (SF) is the concept of evaluating and mitigating the environmental and social impacts of a business when making investment decisions, issuing loans, or taking any financial action. It also involves supporting projects and programs that promote low greenhouse gas emissions and contribute to the development of a green economy.

The Mongolian Bankers Association, with the support of the International Finance Corporation (IFC) and the FMO (the Dutch Entrepreneurial Development Bank), established the Mongolian Sustainable Finance Association and developed the Sustainable Finance (SF) Principles to be followed within Mongolia’s banking sector.

Our main goals until 2030

1

Increase the share of green loans in the Bank’s total portfolio to 10%.

2

Expand the loan portfolio provided to small and medium-sized enterprises (SMEs).

3

Actively engage citizens and secondary school students in financial literacy training programs.

4

Define and progressively implement greenhouse gas emission reduction targets within financed projects.

Main direction

Education
Financial Inclusion
SME Development
Green Financing
Digitalization and Innovation

Policies and Procedures

Bogd Bank’s Environmental, Social, and Gender Equality Policy was approved in 2022 and serves as the primary document defining the objectives and principles of the Bank’s sustainable development strategy.
Under this policy, the Bank supports sustainable projects, products, and services, integrates ESG (Environmental, Social, and Governance) factors into financing decisions, and contributes to economic diversification and inclusive growth.
In addition, in accordance with its Environmental and Social Risk Assessment and Management Procedure, the Bank systematically assesses, categorizes, and mitigates ESG risks at all stages of its lending operations.

Sustainability reports

Please find Sustainable Finance–related reports and research materials here.

Financial Partner Organizations
Partner Organizations

Sustainability Suggestions and Complaints

Please send any suggestions, requests, or complaints related to Environmental, Social, and Governance (ESG) to grievance@bogdbank.com

News & Updates

Stay informed with our latest news and event updates.

More
Sustainable Finance Program

Bogd Bank and FMO Begins Cooperation to Support SMEs and Green Projects in Mongolia

2024-12-25
Sustainable Finance Program

Bogd Bank successfully signed a financing agreement with the U.S. International Development Finance Corporation (DFC)

2023-01-04
Sustainable Finance Program

BOGD BANK HAS SUCCESSFULLY RECEIVED FUNDING FROM ENABLING MICROFINANCE FUND

2022-07-23
Sustainable Finance Program

SMALL AND MEDIUM ENTERPRISES IN THE CAPITAL CITY WILL BE SUPPORTED BY 100 BILLION FINANCING PROJECT WHICH IS TO BE IMPLEMENTED

2022-01-20
Sustainable Finance Program

Bogd Bank to cooperate as an official Olympics partner

2021-06-23
Sustainable Finance Program

Богд банк нь Английн INTL FCStone Inc. олон улсын санхүүгийн байгууллагатай хамтран ажиллах гэрээ байгууллаа

2019-09-26