Best bank for SMEs: XacBank
Mongolia’s push to develop a banking sector fit for the 21st century – a process that is being accelerated by a slew of financial reforms – is likely to benefit lenders with a diverse group of shareholders and better transparency and corporate governance.
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Boosting Mongolia’s smallest firms with US$ 40 million loan
The EBRD is providing a US$ 40 million syndicated loan to Mongolia’s XacBank for financing private micro, small and medium-sized enterprises (MSMEs) around the country.
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XacBank has been named the Best Bank of Mongolia again
The Banker’s 18th annual “Bank of the Year Awards” – which are widely regarded as the Oscars of the banking industry – occurred on November 29th in London, U.K., and XacBank has been named as the Best Bank in Mongolia for 2017.
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XacBank has completed and handed over the refurbishment work of the Integrated Surgical Room at the NCTI
XacBank and Cargill LLC have partnered together to complete refurbishment work on the Integrated Surgical Room at the National Center of Trauma and Injury and handed over fully outfitted room with world-class technology and equipment on November 30th, 2017.
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