The bank is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion. In 2009, the Bank of Mongolia rescued Zoos Bank at a cost of MNT 100 billion, combining it with Anod Bank to form the government-owned State Bank. Later in 2013, the Mongol Bank was forced to take over the 5th largest lender, Savings Bank, and merge with State Bank, due to a bad loan made to a gold mine owned by its parent company, Just Group, at a cost of $120 million. State Bank is a state-owned company separate from the Bank of Mongolia.