XacBank has received 25 million US dollars from EBRD to support green businesses
XacBank received USD 25 million funding from the European Bank for Reconstruction and Development (EBRD) in order to support entrepreneurs and enterprises that intend to introduce energy-efficient equipment and environmentally friendly technologies into their operations.
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ANNOUNCEMENT OF THE ANNUAL GENERAL MEETING OF XACBANK JSC SHAREHOLDERS
The Board of Directors of XacBank JSC has announced the 2024 annual general meeting of the shareholders (the “AGM”) by its Resolution No. R-2024-20 dated 15 March 2024, pursuant to Article 59.4 of the Company Law.
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“XacBank” JSC has distributed MNT 15.5 billion in dividends to its shareholders from the net profit for the first half of 2023
Pursuant to the Board of Directors’ Resolution regarding the holding of an extraordinary general meeting of shareholders via ballot voting, the ballot voting took place from December 20, 2023 to February 02, 2024. The declaration and distribution of dividend from the net profit for the first half of 2023 was approved with 99.9% of the voting shares of XacBank in favor.
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