MBA membership is not only limited to commercial banks, but it is also available to other organizations with similar services that are consistent with MBA’s vision and mission. Depending on their participation in MBA’s activities and engagements, the members are classified as follows:

• Principal member
• Supporting member
• Associate member

Principal members include legal entities that obtained their licences from the Bank of Mongolia for the purpose of running commercial banking activities in Mongolia, and branches of foreign banks in Mongolia.

Supporting members include representative offices of foreign banks in Mongolia, other similar legal entities whose services and work are closely related to banking system

Associate members include organizations which cooperate with the MBA in the areas of training, research and other activities related to the development of the principal member organizations, reducing their risks and improving their operations. These organizations provide the opportunity for principal member organizations to improve professional skills through training, research support and other means of supporting roles.