About us

Arig Bank was founded in 1997 as Erel Bank, one of Mongolia's first commercial banks. Erel Bank changed its name to Arig Bank in 2014 to reflect a clean and transparent business, as well as adopting a new policy and image to fulfill its customers' expectations.
Arig Bank will celebrate its 25th anniversary in October 2022, and we will continue to provide flexible services to the customers through our Ulaanbaatar and Darkhan branches. We strive to implement better corporate governance by applying lean principles and innovations from the global banking and financial sector, becoming a bank that meets the needs and lifestyles of digital-era customers, and increasing accessible and affordable access to all types of financial services.
Moreover, Nomin Holding has been gradually investing in Arig Bank, increasing its share capital five times and improving its management and governance.
Arig Bank aims to become a digital bank in the commercial sector by renewing its goals and objectives and providing fintech-based, concessional merchant loans and individual loan services.