XacBank
Banking · Mongolia · 1K - 5K Employees
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Overview
Headquarters
Prime Minister Amar's 721 St Sukhbaatar ...Phone Number
+976 75771888Website
www.xacbank.mnRevenue
$434.6 MillionIndustry
About XacBank
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XacBank News & Media
XacBank Mongolia Selects Infosys Finacle to Power Its Digital Transformation
BENGALURU, India & ULAANBAATAR, Mongolia--(BUSINESS WIRE)-- #EdgeVerve--XacBank Mongolia and Infosys Finacle today announced the selection of Finacle’s core banking, treasury, and corporate banking solution suites.IFC Provides $65 Million to XacBank to Expand Lending to Small Businesses in Mongolia
IFC, a member of the World Bank Group, is providing a $65 million loan to XacBank to support the expansion of access to finance for more than 44,000 micro, small and medium enterprises (MSMEs), to create jobs and promote economic diversification in Mongolia. - - The move marks the first syndicated loan to a Mongolian commercial bank. IFC's funding consists of $5 million from IFC's own-account and $60 million syndicated from five development financial
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Frequently Asked Questions Regarding XacBank
XacBank is a financial institution that offers a wide range of banking services including accounts, savings, loans, transfers, insurance, and leasing. The bank caters to both individual clients and businesses, providing 24/7 access to its services through digital banking and physical branches. XacBank emphasizes eco-friendly practices and innovativ... Read More