XacSecurity was established in 2002 as the physical security unit of XacBank with the initial purpose of providing security services to XacBank branches and Headquarter office. Following the adoption of Law on Security Service by the Parliament of Mongolia the security service industry requires a license by the relevant authorities in order to properly protect individuals and corporations. The firm is routinely recognized among the best security companies by the Police Authority and Capital City Specialized Inspection Agency.
Currently the firm has over 140 full-time staff that provides universal body, alarm and disaster mitigation service throughout TenGer Financial Group and its customers. XacSecurity’s goal is to utilize their decade long experience with the aim of catering external companies and government agencies.