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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.

For 90 years, The Banker has been the world’s leading monthly journal of record for the banking industry. The Banker selects one winning bank for each of the 120 countries judged. Over 1,000 applications are collected and judges select winning banks based on income growth, effectiveness, and investment in country’s financial sector by operational expansion and reduced cost through new technology adaptation.

For 90 years, The Banker has been the world’s leading monthly journal of record for the banking industry. The Banker selects one winning bank for each of the 120 countries judged. Over 1,000 applications are collected and judges select winning banks based on income growth, effectiveness, and investment in country’s financial sector by operational expansion and reduced cost through new technology adaptation.