ABTS Non Banking Financial Institution

What ABTS Non Banking Financial Institution does

ABTS Non Banking Financial Institution is a Mongolia-based microfinance company founded on 4 October 2001 and headquartered at Meru Tower in central Ulaanbaatar, with a branch office in Dalanzadgad Soum, Umnugovi Province. The company operates as a non-bank financial institution providing credit access to individuals and businesses underserved by Mongolia's traditional banking sector, with a stated mission of supporting households and small businesses to improve living conditions and reduce unemployment. Over 23 years, ABTS has extended approximately MNT 79.6 billion in loans to around 4,063 clients.

The company offers 14 distinct loan products spanning business loans, sustainable livelihood project loans, trust-secured loans, consumer loans, salary loans, mortgages, apartment maintenance loans, automobile loans, start-up loans, credit lines, and student loans. Distribution is relationship-driven through the Ulaanbaatar headquarters and the Dalanzadgad branch, supplemented by project-based lending partnerships with the Mongolian Government, the World Bank's Development Association, and the Asian Development Bank. A self-service loan calculator is available on the company website, and ABTS operates a mobile application called Meru Finance for customer service delivery. No proprietary technology stack or AI/ML capabilities are disclosed.

ABTS generates revenue primarily through interest income on its loan portfolio, with rates described as 'relatively low' compared to market alternatives (e.g., 0.5% monthly on specific ger-area improvement loans). The customer base spans low-income households, remote-area herders, SMEs, salaried workers, and students. The company employs approximately 9 personnel serving 200+ clients annually and has received multiple industry recognitions including 'TOP 10 NBFI' awards (2009, 2014), 'Best NBFI of Mongolia 2013', and 'Best Investor of the Year 2016'. The last major capital event disclosed is USD 2 million in project funding from Schultz Global Mongolia in April 2014, which was fully repaid by February 2016.

Name

ABTS Non Banking Financial Institution

Legal name

ABTS NBFI LLC

Website

https://abts.mn

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

101–250 employees

Short description

ABTS NBFI is a Mongolian microfinance company founded in 2001 that provides 14 loan products to underserved individuals, low-income households, herders, and SMEs through its Ulaanbaatar headquarters and Dalanzadgad branch office.

Ownership category

akta.pro rank

Product category

Microfinance Services

NAICS

Credit Intermediation and Related Activities (522)

SIC

Personal Credit Institutions (6141)

akta.pro primary industry

Direct Lending — Specialty Finance (Consumer/SME Lending Platforms) (FSAHAJAF)

akta.pro secondary industry

Line of Credit / Revolving Short-Term Credit (Non-card) (FSAKAMAG)

Keywords

• Microfinance lending
• Non-bank financial services
• Business loan products
• Consumer credit services
• SME financing

Headquarters

HQ city

Ulaanbaatar

HQ country

Mongolia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Loan Interest Income: ABTS NBFI generates revenue primarily through interest income on loans extended to individuals and businesses. The company offers various loan products including microfinance loans, business loans, consumer loans, mortgages, and salary loans with interest rates described as relatively low compared to market alternatives.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

ABTS Non Banking Financial Institution is a Mongolian non-bank microfinance institution that extends a diversified portfolio of 14 loan products to individuals, households, small and medium enterprises, students, and herders. Its core lending offerings include business loans, consumer loans, mortgages, salary loans, microfinance loans, start-up loans, credit lines, automobile loans, and student loans, complemented by the Meru Finance mobile application and an online loan calculator for customer access and self-service estimation.

Product overview

ABTS NBFI is a non-bank financial institution offering a diverse portfolio of 14 loan products and financial services. The company operates as a traditional microfinance institution with a unified product portfolio centered on lending services. The core offerings include Business Loans, Sustainable Livelihood Project Loans, Trust Secured Loans, Consumer Loans, Salary Loans, Mortgages, Apartment Maintenance Loans, Loans for Acquisition of Premises, Automobile Loans, Loans on Improvement of Living Conditions, Start-up Loans, Credit Lines, Student Loans, and Working Student Loans. The institution also provides an online Loan Calculator tool for prospective clients. The products serve individuals, households, entrepreneurs, and businesses with various financial needs including personal consumption, business expansion, housing, education, and vehicle acquisition.

Differentiator

Problem solved

Functional benefit

Brands

• Meru Finance: Mobile application software program provided by ABTS NBFI for accessing financial services

Products and services

• Business Loans
• Sustainable Livelihood Project Loans
• Trust Secured Loans
• Consumer Loans
• Salary Loans
• Mortgages
• Apartment Maintenance Loans
• Loans for Acquisition of Premises
• Automobile Loans
• Loans on Improvement of Living Conditions
• Start-up Loans
• Credit Line
• Student Loans

Quantifiable outcome

• 409 direct beneficiaries and 533 indirect beneficiaries from Sustainable Livelihood-II Project
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Mongolian Government - Sustainable Livelihood ProjectcoreStrategic or Co-development Partner · 1 January 2002ABTS has partnered with the Mongolian Government since 2002 on the Sustainable Livelihood Project, a microfinance initiative to provide loans to low-income households in rural areas. The project was implemented with support from the Development Association of the World Bank, providing 260 loans worth MNT 2.6 billion with 409 direct and 533 indirect beneficiaries.
• Ministry of Social Welfare and Labor - Employment Generation ProjectcoreStrategic or Co-development Partner · 1 January 2002ABTS implemented the Employment Generation Project in partnership with the Mongolian Ministry of Social Welfare and Labor, granting loans of MNT 416.5 million that created more than 700 working places, with MNT 195 million received by ger area residents and MNT 33.3 million by remote area households.

Scale indicators9 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• XacBank: One of Mongolia's largest commercial banks with a national branch network serving consumers, SMEs, and rural borrowers. Larger and broader than ABTS but competes for the same inclusive-finance and SME lending mandates.
• Grameen America: US-based microfinance organization providing small loans to low-income entrepreneurs — comparable to ABTS in target customer (underserved, thin-file borrowers) and group/individual lending model.
• FINCA International: Global microfinance institution operating in multiple developing markets, providing group and individual micro-loans to low-income borrowers. Comparable to ABTS in mission, customer segment, and methodology, though at much larger scale and geographic breadth.
• ProCredit Bank: European-led banking group focused on SMEs in emerging and frontier markets across Eastern Europe, the Balkans, and beyond. Comparable to ABTS in its SME-and-inclusion focus, though operating at materially larger scale and with full banking licenses.
• Khan Bank: Mongolia's largest commercial bank with extensive consumer and SME lending operations and a nationwide branch network. Functions as a broader incumbent competing for the same mass-market and SME customers ABTS serves.

Direct peers

• TenGer Financial Group: One of Mongolia's largest microfinance NGOs, providing micro and SME loans to herders and low-income households across rural Mongolia — directly comparable to ABTS in target customer, geography, and product type.
• Invescore NBFI: Mongolian non-bank financial institution offering consumer, business, and mortgage loans to individuals and SMEs — competes head-to-head with ABTS in Ulaanbaatar and other urban markets.
• Trans Finance NBFI: Mongolian NBFI offering consumer, business, and salary loans — competes with ABTS for the same urban salaried and SME borrower base in Ulaanbaatar.
• Capitron NBFI: Mongolian NBFI providing business, consumer, and mortgage loans to SMEs and individuals — operates with a similar direct-lending model and serves overlapping customer segments as ABTS.
• AGROFIN NBFI: Mongolian non-bank financial institution focused on agricultural and SME lending, including herder financing — directly comparable to ABTS' rural, ger-area, and SME loan portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/abtsmn
• Facebookfacebook.com/ABTS.mn
• LinkedInlinkedin.com/company/abts-non-bank-financial-instituition

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ABTS Non Banking Financial Institution