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.

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XAC BANK

Social Links:

Facebook

Twitter

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

erdenebayar-ganzorig_image

Erdenebayar Ganzorig
Erdenebayar Ganzorig CFO @ Xac Bank
CFO
2013-01-01

tsevegjav-gumenjav_image

Tsevegjav Gumenjav
Tsevegjav Gumenjav Chief Executive Officer, Executive Board Director @ Xac Bank
Chief Executive Officer, Executive Board Director
2019-04-01

michael-madden_image

Michael Madden
Michael Madden Board Director @ Xac Bank
Board Director
2009-02-01

tsendjav-gantumur_image

Tsendjav Gantumur
Tsendjav Gantumur Head of HR Policy Department @ Xac Bank
Head of HR Policy Department

javkhaa-kh_image

Javkhaa Kh
Javkhaa Kh Head of Marketing @ Xac Bank
Head of Marketing

iliya-avramov_image

Iliya AVRAMOV
Iliya AVRAMOV Chief Risk Officer @ Xac Bank
Chief Risk Officer
2019-01-01

miimaa-otgontugs_image

Miimaa Otgontugs
Miimaa Otgontugs Senior DBA @ Xac Bank
Senior DBA

zul-ganzorig_image

ZUL Ganzorig
ZUL Ganzorig COO @ Xac Bank
COO

Founder

tsevegjav-gumenjav_image

Tsevegjav Gumenjav

Investors List

opec-fund-for-international-development-ofid_image

Official Site Inspections

http://www.xacbank.mn Semrush global rank: 441.74 K Semrush visits lastest month: 119.89 K

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