XacBank has been recognized as Mongolia’s top-performing bank under the European Bank for Reconstruction and Development (EBRD) Risk Sharing Framework, receiving the prestigious “The Best Deal Generative RSF Partner Bank” award.

The award was presented during the “Growing Resilient SMEs in the Age of Interconnected Risks” conference currently being held in Tashkent, Uzbekistan. The honor was accepted on behalf of XacBank by Ariunbolor Kh., Director of the Corporate Banking Division.

As part of the conference program, Ariunbolor Kh. participated as a panelist in the discussion session titled “Risk Management Principles during Due Diligence and Monitoring.” During the panel, she shared insights on Mongolia’s current economic environment and the key challenges facing small and medium-sized enterprises. She also highlighted XacBank’s experience in supporting its clients and promoting sustainable business growth through tailored financial solutions.

XacBank has been a partner bank under the EBRD’s Risk Sharing Framework since 2011, following the signing of a bilateral cooperation agreement with the EBRD. Since joining the program, the bank has financed projects and initiatives totaling approximately MNT 150 billion.

The Risk Sharing Framework aims to support private sector development and economic diversification by helping businesses meet their investment needs, expand operations, and create new jobs. Beyond financing, the program provides borrowers with access to technical assistance, advisory services, and grant support, making it a valuable tool for fostering long-term business sustainability and economic growth.

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