XAC BANK
Xac Bank is the fourth largest bank in Mongolia with a loan portfolio of 395M USD, serving 298,000 borrowers and savers clients and deriving a yearly ROE of 22%. Xac Bank has demonstrated its ability to adapt to a fast growing and fast changing economic environment in Mongolia, on the back of a booming mining industry, and has re-focused its operations away from microfinance to SME, consumer lending and mortgages. In order to manage the associated risk, the bank has heavily invested in systems a... nd human capabilities in order to serve the increasing need of underserved SMEs and urban as well as rural population. Xac Bank has also built an in-house mobile platform currently under upgrade in order to better serve the needs of its customers. Xac Bank is actively involved in deploying government and developmental funds to provide easier access to low cost housing and environment friendly energy to the lower layers of the Mongolian population. Finally, Xac bank is constantly providing non-financial services to the community under the form of financial literacy programs and business support to its lowest income customers via association with NGOs.
XAC BANK
Industry:
Banking Finance Financial Services
Founded:
1998-01-01
Address:
Ulaanbaatar, Ulaanbaatar, Mongolia
Country:
Mongolia
Website Url:
http://www.xacbank.mn
Total Employee:
1001+
Status:
Active
Contact:
+97611318185
Email Addresses:
[email protected]
Total Funding:
220 M USD
Technology used in webpage:
Viewport Meta IPhone / Mobile Compatible SPF SSL By Default Google Analytics Google Tag Manager Content Delivery Network Google Universal Analytics Domain Not Resolving Global Site Tag
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Current Employees Featured
Founder
Investors List
OPEC Fund
OPEC Fund investment in Debt Financing - Xac Bank
Asian Development Bank
Asian Development Bank investment in Debt Financing - Xac Bank
FMO
FMO investment in Debt Financing - Xac Bank
FMO
FMO investment in Debt Financing - Xac Bank
International Finance Corporation
International Finance Corporation investment in Debt Financing - Xac Bank
Official Site Inspections
http://www.xacbank.mn Semrush global rank: 441.74 K Semrush visits lastest month: 119.89 K
- Host name: 202.21.96.206
- IP address: 202.21.96.206
- Location: Mongolia
- Latitude: 46
- Longitude: 105
- Timezone: Asia/Ulaanbaatar
More informations about "Xac Bank"
Organizational structure - XacBank
Micro business loan. It gives you the opportunity to finance your business and household consumption. Learn moreSee details»
Бүтэц, зохион байгуулалт - XacBank
Амар зээл. Бага дүнтэй гэнэтийн мөнгөний хэрэгцээг аймар амархан шийднэ. ДэлгэрэнгүйSee details»
Executive Management Team - XacBank
Undarmaa started working for XacBank in November 2008 as Senior Officer at the Credit Management Department and, later, as Director of the Credit Risk Policy Division. In July …See details»
XacBank - Wikipedia
XacBank (Mongolian: ХасБанк) is a Mongolian banking and financial services company headquartered in Ulaanbaatar. XacBank was founded in 2001 following the merger of Goviin Ekhlel LLC and X.A.C. LLC, the two largest non-banking financial institutes in Mongolia. XacBank is organized into three main business groups: Retail Banking; Business Banking; and Corporate Banking. XacBank c…See details»
XacBank Company Profile | Management and Employees List
In 2017-2019, XacBank successfully signed a loan agreement with international financial organizations and investors to support SMEs access to fund and as a result of it, loan portfolio …See details»
Xac Bank - Crunchbase Company Profile & Funding
Contact Email [email protected]; Phone Number +97611318185; Xac Bank is the fourth largest bank in Mongolia with a loan portfolio of 395M USD, serving 298,000 borrowers and savers …See details»
XacBank - Org Chart, Teams, Culture & Jobs - The Org
XacBank will be the dynamic leader in providing inclusive financial services and innovative products through an extensive network of branches and partners. Industries. Banking. …See details»
XacBank - bcmongolia.org
O Partner with over 50 international organizations; o Provider of responsive, complete and flexible business banking solutions. Services. XacBank provides a variety of banking products and …See details»
XacBank - Devex
Since its founding in 2001, XacBank has created sustainable growth in the banking and financial ... Type of organization. Investment & Finance . Mongolia . 1 office. 1001-5000. 2001. …See details»
XacBank — Princeton in Asia
Jun 6, 2023 XacBank has hosted PiA Fellows since 2008. The Fellow works as a Project Development Officer, assisting in operations management of existing projects, communicating with international organizations, partners, and …See details»
About us - XacBank
BRIEF HISTORY. XacBank’s vision is to become a preferred bank for a wide range of customers in the financial market providing financial solutions in the most convenient way being dedicated to its values of People, Planet and Prosperity …See details»
XacBank IPO - insidemongolia.mn
May 29, 2023 XacBank is the only bank that meets this requirement currently, as its parent company, Tenger Financial Group, is owned by 12 unrelated organizations and individuals. …See details»
XacBank - Overview, News & Similar companies | ZoomInfo.com
Nov 24, 2020 Who is XacBank. XacBank provides integrated banking and financial solutions to consumer and MSMEs throughout its 80 nation-wide branches. In 2017-2019, XacBank suc …See details»
IFC Provides $65 Million to XacBank to Expand Lending to Small ...
Jul 5, 2019 IFC Provides $65 Million to XacBank to Expand Lending to Small Businesses in Mongolia ... its partnership with XacBank in 1999 by providing advisory services to assist its …See details»
XacBank
Тэрбум төгрөгөөр шагналын хур бууна Тууштай хүнийг амьдрал шагнадаг гэж үг бий. Тэгвэл тавьсан зорилгодоо үнэнч, санхүүгийн сахилга баттай, тогтмол хуримтлуулж, тогтвортой …See details»
Тэрбумын шагналтай хадгаламж
Www.billion.xacbank.mn веб сайтад бүртгэл үүсгэн, нэвтэрч өөрийн нэр дээрх хадгаламжийн дансанд цугласан эрхүүдээ шалгахаас гадна Bronze, Silver, Gold эрхүүдээ нийлүүлэх, …See details»
XacBank, the first green bank in Mongolia | Mongolian Economy
May 26, 2023 XacBank is the first bank that can be described as a green bank in Mongolia. The bank has established the first green financing mechanism linked to reduce air pollution, reduce …See details»
Business Banking - XacBank
XacBank raised 55.7 million US dollars from the development financial institutions The funding will be used to finance micro, small, and medium businesses, women-owned businesses in …See details»
XacBank - Wikiwand
XacBank (Mongolian: ХасБанк) is a Mongolian banking and financial services company headquartered in Ulaanbaatar.XacBank was founded in 2001 following the merger of Goviin …See details»
American Chamber of Commerce in Mongolia - amcham.mn
XacBank JSC published its 2024 Financial Repor, net worth reaching 170.9 billion tugriks, 20% higher than last year.. XacBank JSC reports that its 2024 earnings and highlighted major …See details»