2010 Year
- Established in October with an official permission of Financial Regulation Committee of Mongolia
- Received special license from the Financial Regulatory Commission to provide Loans, Foreign exchange, Trading and Factoring products and services.
2011 Year
- Official opening in March by offering salary and consumer loan products to Shunkhlai Group company employees.
- Increased Charter capital to 6.5 billion tugriks and obtained a special license to provide trust services.
2012 Year
- Started to offer its services to an external market by introducing competitive SME loans to individuals and companies
2013 Year
- Shunkhlai Group opened a private banking department and restructured its lending department.
- Selected for World Bank’s Sustainable Livelihood-2 project. Successfully launched co-branded with TDBM revolving credit card product
2014 Year
- Signed a co-operation agreement with the Center for Supply Chain Development (USAID)
- Received additional licenses from the Financial Regulatory Commission to provide investment and financial services.
- Introduced long term personal vehicle financing product
2015 Year
- The Credit line for joint credit cards was doubled by the TDB.
- Re-qualified for the World Bank’s “Sustainable Livelihoods-2” project.
- Signed a co-operation agreement with the Credit Guarantee Fund.
2016 Year
- A total of 6.5 billion tugriks were attracted through trust services.
- Re-qualified for the World Bank’s “Sustainable Livelihoods-2” project.
2017 Year
- Ranked among the top 3 of 535 non-banking financial institutions.
2018 Year
- New branch office in Bayangol district.
- Governmental Information Exchange System (KHUR) was introduced, simplifying paperwork for customers.
2019 Year
- Introduced credit scoring system for small creditors.
- Received permission from the Financial Regulatory Commission for electronic payments and remittances.
- Increased the Charter capital by 5 billion tugriks.
- Established new branch in Sukhbaatar district.
- Established new branch in Da Khuree.
- Introduced new digital product GSB Prime.
- Organized a Demo Day event to invest in start-up businesses in collaboration with the Shunkhlai Group.
2020 Year
- The first investment agreement was signed with iHotel company within the framework of the Demo Day program.
- A new branch was established in the Songinokhairkhan district ’22 tovchoo’.
- A credit card issued in co-operation with the Trade and Development Bank is eligible for international transactions.
- Established first New satellite branch in Uvurkhangai province.
- Rated by BBB by Internation Rating company MicroFInanza.
- The second branch in Songinokhairkhan district was established in Sapporo.
2021 Year
- Investment was attracted from the Swiss-based Enabling Qapital investmend fund.
- Signed a co-operation agreement with the ToC Association.
- Launched the CHIP green loand product in co-operation with the ToC Association.
2022 Year
- Raised 5 million dollars in funding in partnership with Crowd Credit Japan.
2023 Year
- Implemented the ISO 9001:2015 standard in our operations and received our certification.
- Launched a home insulation loan product in partnership with Geres International.
2024 Year
- The first Business Loan Center was established in the Tumen Mall.
- In partnership with APU Dairy, farmers loan began to be provided.