GSB Capital is a non-banking financial institution (NBFI) founded on October 5th, 2010. The institution specializes in lending money through both traditional loan channels and an online application system. Their primary revenue stream is derived from the interest charged on these loans, with profit being generated from the difference between fund acquisition costs and the applied interest rates.
Beyond its primary lending operations, GSB Capital has expanded its portfolio of services. The institution holds licenses that allow it to provide trust services, financial and investment advisory services, and manage investments in short-term financial instruments. Additionally, they are equipped to handle online payment transactions.
By May 24th, 2011, GSB Capital had successfully registered with the authorities, having complied with the requirements set by the Financial Regulatory Commission of Mongolia. This regulatory organisation oversees all financial institutions in the country, with the exception of commercial banks. Through adhering to these standards, GSB Capital has established itself as a reputable financial institution in the region.
|GSB Capital NBFI LLC
|5 October 2010
|Active on Lendahand since
|1 December 2023
Financial information per 2023-06-30
|Write-off ratio last 12 months
|% investment amount in arrears (>90 days)
Mongolia is the world's biggest landlocked country without a closed sea, and the majority of its territory is covered by grassland steppe, with mountains to the north and west and the Gobi Desert to the south. With approximately 3.5 million people, the capital city of Ulaanbaatar is home to half of the population. Mongolia's economy has historically been built on agriculture and cattle. Mongolia also has abundant mineral reserves, with copper, coal, molybdenum, tin, tungsten, and gold accounting for a sizable portion of industrial output.
Last funded project
GSB Capital 2
Family business Bayan Agt started to thrive after receiving a loan from financial institution GSB Capital. The financial support enabled them to expand their shop inventory and serve more clients. With this investment in GSB, you will help 23 Mongolian entrepreneurs to grow their businesses.