IRIM Mongolia Competitors

Khan Bank has been operating for 30 years in Mongolia. The bank is a nationwide leader in delivering a full range of financial services and products to the consumers, small and medium enterprises and corporate customers in Mongolia. Khan Bank has the most extensive branch network in the country with about 547 branches providing secure financial services in every town, village and border points. The Bank also has the largest network of ATMs with over 800 machines located throughout the country. Khan Bank processes an estimated 70% of daily banking transactions in Mongolia. Independent surveys indicate that Khan Bank services roughly 80% of all households in Mongolia. Khan Bank is regarded as one of top employers and aims to create a working environment that supports our employees, with possibilities to grow, develop them and solve their social issues, as well as providing them with competitive salaries and remuneration in order to enhance the stability and productivity of our employees.

Founded in 1998, XacBank is a community development bank and microfinance institution in Mongolia, and is headquartered in Ulaanbaatar. OUR VISION XacBank will be the dynamic leader in providing inclusive financial services and innovative products through an extensive network of branches and partners. The Bank will further grow its market share and support the development of competitive Micro, Small and Medium businesses in Mongolia by using the information communications technology together with personalized customer services. OUR MISSION To contribute to sustainable development of Mongolia that can come only from educated and skilled people and competitive and dynamic businesses concerned equally about Planet, People, and Profit. The Bank will provide equitable access to transparent, reliable and responsive banking products and services to the Bank’s clients, including its traditional Micro-entrepreneurs as well as Small and Medium businesses.

Trade and Development Bank (TDB) LLC was established in 1990 and over past decades, has become a leading banking and financial services provider in Mongolia. TDB, the oldest bank of Mongolia, prides itself for its leading position in the universal banking service provider, offering over 130 types of international standard banking products, professional and user friendly banking services. The Bank acts as a primary lender to most of Mongolian leading corporations as well as foreign corporations and foreign representative offices across all major industrial and commercial sectors with a constantly innovating range of universal banking products and services delivered with dynamism and excellence in service and quality. TDB is undoubtedly the major player in the financial and banking markets as well as a major innovator of the Mongolian financial sector.