2010 year
  • Established in October with an official permission of Financial Regulation Committee of Mongolia
  • Received FRC approval on following products and services: Loan, FEx trade, Factoring
2011 year
  • Official opening in March by offering salary and consumer loan products to Shunkhlai Group company employees
  • Owners' equity increased to MNT 6.5 billion and a right to offer trust services was granted
2012 year
  • Shunkhlai Group's corporate restructuring as a result of consulting by McKinsey. GSB Capital was part of this project
  • Started to offer its services to an external market by introducing competitive SME loans to individuals and companies
2013 year
  • Re-structured its loan division into Shunkhlai Group private bank unit
  • Successfully launched co-branded with TDBM revolving credit card product
  • Selected for World Bank's "Sustainable Livelihood-2" project
2014 year
  • Signed a cooperation agreement with Quality Supplier Development Center (USAID)
  • FRC approval for investment and financial advisory services
  • Introduced long-term car financing product
2015 year
  • Increased credit line for co-branded revolving credit card by TDB
  • Selected for World Bank's "Sustainable Livelihood-2" project
  • Signed a cooperation agreement with Loan Guarantee Fund
2016 year
  • Attracted 6.5 billion MNT by trust service
  • Selected the World Bank's Sustainable Livelihood-3 project
  • Kept overdue and NPL below industry average
  • PAT is 1.9 billion MNT
2017 year
  • Established our new branch office in Bayanzurkh district
  • Ranked among the top 3 of 534 non-banking financial institutions
2018 year
  • Partnered with NTV for official live broadcast of FIFA 2018 World Cup
  • New branch office in Bayangol district
  • Introduced identity verification system /KHUR/ which ease credit request paperwork for customers
2019 year
  • Introduced credit scoring system for small creditors
  • FRC approval for digital settlement and transfer service
  • FRC approval for increasing common equity by 5 billion MNT
  • New branch in Sukhbaatar district
  • Open new branch in Auto Market "Da Khuree"
  • Introduced new digital products GSB Prime and Crypto Credit
  • Take 2 billion MNT bank loan from Trade and Development Bank to finance car loan products
  • Organized Start-Up Demo Day event with Shunkhlai Group