Capital Bank Wins the CFI.co 2014 Award: Best SME Bank, Mongolia
This Mongolian bank traces its heritage back to the year 1990 when it was established as one of the first commercial banks in the country. The CFI.co Judging Panel commented on Capital’s, ‘outstanding contribution to the development of domestic industries and exemplary CSR programme’ upon announcing the award Best SME Bank, Mongolia, 2014’.
This bank really does pay careful attention to its responsibilities to SMEs and this includes helping smaller businesses understand how to make optimal use of the banking system. In terms of corporate social responsibility, Capital shows evidence of keen environmental concern and works for social equality. Presently SMEs account for some 70 percent of the bank’s total business.