Michael Madden, Board Director of XacBank, has been honored with the prestigious Order of the Polar Star
Michael serves as a Board Director of XacBank and it’s parent company TenGer Financial Group since 2009. The Government of Mongolia has officially recognized the significant contributions of Michael Madden, a prominent and long-standing investor to XacBank and TenGer Financial Group.
MoreAnnual General Meeting of XacBank JSC Shareholders
The Annual General Meeting of Shareholders of XacBank JSC was successfully held on 29 April 2025 in a hybrid format—both in-person and online—at the Ball Room of Shangri-La Hotel. The meeting was declared valid with a quorum of 96.01%, and the Shareholders discussed and approved a total of six agenda items.
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