Our company was established on October 5, 2010 to provide financial services to small and medium businesses. GSB Capital LLC is obtained permission of its non-banking financial license by the resolution No. 325 of the Financial Regulatory Commission of Mongolia on October 27, 2010 to provide the loan services and foreign exchange trading to our customers by obtaining a non-banking financial status.
Shunkhlai Group LLC, one of the biggest Mongolian group companies, owns 100% of GSB Capital NBFI.
As a financial institution, we report to the Financial Regulatory Commission of Mongolia on a regular basis and meet the required financial criteria on time.
Since our inception, we seek always to be a leader in the field of non-banking financial sector through improving our service and introducing new financial products and services such as factoring services and long-term car loans. Also we introduced the first credit card in non-banking financial sector in 2013 with the Trade and Development Bank. Expanding its reach, we introduced co-brand credit card with Capitron Bank in 2019.
The GSB Capital has been pursuing our policy of contributing and supporting financially underserved individuals and SME businesses of Mongolia through our financial product and services in more flexible term while balancing risk and opportunities since its found.
GSB Capital has been on the TOP-5 NBFIs in Mongolia since 2011. Our NBFI is operating with 4 branches in Ulaanbaatar city.
GSB Capital’s employees have good banking and financial service experience in business field and is able to communicate in English, Russian, German, Chinese, Korean and Vietnamese.