Corporate Profile

Our company was established on October 5, 2010 with the investment of Shunkhlai Group for the purpose of providing salary loans to employees. One of the largest group companies in Mongolia, “Shunkhlai Holding” LLC, owns 100% of GSB Capital NBFI.

“GSB Capital” LLC received a special license for “Non-banking financial activities” by the Resolution No. 325 of the Financial Regulatory Commission (FRC) dated October 27, 2010. It has been operating continuously for 14 years and has become known in the market for providing all types of services of non-banking financial institutions in a prompt and accessible manner, and has expanded to become one of the TOP 5 NBFIs.

GSB Capital NBFI has opened 12 branches in Ulaanbaatar and 3 in rural areas, providing stable and accessible credit services through a total of 15 branches, and currently has more than 40,000 customers. GSB Capital NBFI focuses on efficiently and securely investing the trust and bond investments of its customers, and increasing collective value.

In 2013, GSB Capital NBFI launched the first credit card in the non-bank financial sector in partnership with the Trade and Development Bank, and expanded this further by introducing a joint credit card with Capitron Bank in 2019. Also, in 2020, the world-renowned Micro Finanza Rating S.R.L. received the highest “BBB” rating for the Mongolian NBFI sector from an internationally recognized rating agency that assesses the creditworthiness and risk of financial institutions.

Since 2021, our organization has been contributing to sustainable development, focusing on creating an environmentally friendly and green economy, and has successfully provided and introduced to the market the first environmentally friendly CHIP loan to improve the insulation of citizens' homes and reduce coal consumption in the Songino Khairkhan and Bayanzurkh districts of Ulaanbaatar, which are highly polluted.