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
