The Trade and Development Bank (TDB) of Mongolia (Mongolian: Худалдаа Хөгжлийн Банк, Zhudaldaa Zhögzhliĭn Bank) is a commercial bank located in Ulaanbaatar. It is the oldest, as well as one of the largest banks in Mongolia. It was founded in October 1990 and currently has a total of 97 branches throughout the country.The Trade and Development Bank of Mongolia LLC is a Mongolian domiciled limited liability company first permitted to conduct banking activities on May 29, 1993. Its current banking license was renewed on February 27, 2002.