XacBank wins “TOP 5 Banks” award
Since 2001, Mongolian Government and Mongolian National Chamber of Trade and Commerce have organized “TOP 150 Enterprises” awards ceremony and singled out the outstanding companies who have demonstrated leadership, innovation, and momentum in the markets in which they excel by making social and economical contribution to Mongolia’s economy and society in 2012. XacBank has won the “Top 5 Banks” award. This is the fourth time that the bank became a winner in this category.
In 2012, the Bank’s total assets reached MNT 1.1 trillion and this was the shortest time in financial history of Mongolia that a bank’s asset has surpassed MNT 1 trillion. Also, XacBank created new workspace for 149 new employees. XacBank carried out the effective operation of 107 branches and as a result of efficient working of the network
