XacBank
  • 723.8 million
    98,475
    7,350.2
    424.0 million
    1.1 billion
    515,634
Mission:
To be a lifelong partner for our customers in providing value added financial solutions embracing the highest standards of triple bottom line mission: People, Planet, and Profit.
Background and Main Challenges: 
XacBank is one of Mongolia’s largest systemic banks serving individual consumers, small and medium-sized enterprises (SMEs) and corporate customers by providing full range of banking, insurance and other value add financial products and services. The Bank provides financial services through an ... Read more
Country: 
International Commercial Center, ICC, Jamiyan Gun Street 9
Ulaanbaatar
Post Office No.20A,
Mongolia
Phone: 
+976-75771888
Fax: 
976 11 328 701
Email: 
info [at] xacbank [dot] mn
Main Funding Sources: 
Loans
Savings
Shareholder Capital
Products and Services: 
Loans
Voluntary Savings
Insurance
Leasing
Funds Transfer Services
Training and Consulting
Services Provided: 
Full-scale Financial Services
Second-tier Lending to MFIs
Business Development Services
Education
Looking for (Investment Types): 
Loans in Local Currency
Loans in USD
Loans in EUR
% Operations Comprised by MF: 
91 - 100
Date established: 
Dec 29 2001
FYE: 
31-Dec
Regulated: 
yes

Partnerships

Current
Name Relationship
Dual Return Fund - Vision Microfinance Funding
IFC Funding
Incofin - Impulse Funding
Kiva Funding
Mercy Corps Network Affiliation
MFC Network Affiliation
MicroVest I Funding
Moody's Rating
Oikocredit Funding
ShoreCap Intl. Funding
Triodos Fair Share Fund Funding
Triodos Microfinance Fund Funding
Triodos-Doen Foundation Funding
WWB Network Affiliation

Related Organizations

Current
Name Relationship
Smart Campaign Endorsement

At a glance

  • Assets
  • Gross Loan Portfolio
  • Equity

Contacts

  • AART Jongejans
    Chief Risk Officer
    aart [dot] j [at] xacbank [dot] mn
    +976-75771888
  • AMAR Hanibal
    President
    amar [dot] h [at] xacbank [dot] mn
    976 7577-1888
  • BOLDOO Magvan
    CEO
    bold [dot] m [at] xacbank [dot] mn
    976 7577-1888
  • GERELMAA Yunden
    Chief Credit Officer Director of Credit Management Division
    gerelmaa [dot] yu [at] xacbank [dot] mn
    +976-75771888
  • SANDEEP Khera
    Chief Information Officer
    sandeep [dot] khera [at] xacbank [dot] mn
    +976-75771888
  • TSEVEGJAV Gumenjav
    Chief Retail Banking Officer
    tsevegjav [dot] g [at] xacbank [dot] mn
    +976-75771888
  • ULAMBAYAR Enebish
    Chief Operating Officer
    ulambayar [dot] e [at] xacbank [dot] mn
    +976-75771888