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.
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XacBank Questions
The XacBank annual revenue was $434.6 million in 2026.
Tsevegjav Gumenjav is the Chief Executive Officer, Executive Board Director of XacBank.
223 people are employed at XacBank.
XacBank is based in Sergelen, East Aimak.
The NAICS codes for XacBank are [52, 52211, 5221, 522, 522110].
The SIC codes for XacBank are [60, 602].
Top XacBank Employees
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Erdenebayar Ganzorig
CFO at XacBank
Ulaanbaatar, Mongolia2 -
24
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Stewart Hall
Independent Director at XacBank
London, GB22 -
Suzannah Carr
Member, Board of Directors at XacBank
Washington, DC, US43 -
Gerelmaa Yu
CCO at XacBank
Mongolia -
Munhzul Dorjpurev
Chief Leasing Officer at XacBank
Ulaanbaatar, Mongolia2
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