XacBank has newly opened “Bayanmongol” branch
XacBank has opened one of its newest branch “Bayanmongol” in Elizabeth town, located in front of Bayanmongol town.
MoreIFC and FMO Provide XacBank with Syndicated Loan to Support MSME Borrowers
IFC has now provided a syndicated senior loan facility of $108.5 million to XacBank, the largest syndication for a Mongolian commercial bank to date.
MoreMongolia has become the 61st country to introduce Progress out of Poverty Index tool (PPI)
XacBank and the Microfinance Development Fund (MDF) in cooperation with Grameen Foundation NGO have introduced internationally recognized Progress out of Poverty Index tool (PPI) in Mongolia.
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