ORIGIN AND DEVELOPMENT

2018

MLG FINANCE company was founded by its shareholders.

2019

Expanded by adding an additional branch.

2021

Expanded to 4 branches in Ulaanbaatar.

2022

Expanded further to 6 branches in Ulaanbaatar and 1 regional branch.

Established a non-bank financial institution.

Launched "SANOKO" company by separating the automobile trade division.

2023

Enhanced company governance and formed a board of directors.

Expanded licensed operations, securing a special license for deal, currency trading, factoring, electronic account balances, and money transfers.

Implemented the MABMT-ISO27001:2022 standard.

2024

Registered all financial companies under the Financial Regulatory Commission.

Registered the fintech loan application "ANDA" with the Financial Regulatory Commission and received market introduction approval.