18 Oct 2012
XacBank

XacBank

XacBank is one of Mongolia’s largest banks that are of systemic influence serving micro customers, small and medium-sized enterprise as well as large orporations with a range of inclusive banking, fair investment and other financial products and services. It operates in all 21 provinces and the capital city serving more than 525 thousand customers through its 103 retail and 4 ...
17 Oct 2012
ХаcLeasing

ХаcLeasing

XacLeasing was founded in 2007 with the aim of contributing to the development of small and medium sized enterprises through access to leasing services while complying with environmentally–friendly practices. Notably, the company’s industrial equipment leasing service for small and medium entrepreneurs has provided the opportunity to expand their operations to reach the next level. With the technical assistance from IFC, ...
17 Oct 2012
TenGer Insurance

TenGer Insurance

TenGer Insurance was established in 2001 by the initiative of Mongolia’s largest petro chemical company under the name Bat Insurance. In 2010 the name was changed to TenGer Insurance and ever sense, the firm has grown into one of the leading insurance firms in Mongolia with its nationwide presence. The company has 20 branches throughout Mongolia serving both corporate and ...
17 Oct 2012
Tenger Capital

Tenger Capital

TenGer Capital is a full-service investment bank offering clients services in corporate finance, sales and trading, advisory, mergers and acquisition. The team is dedicated on advising Mongolian-related transactions with domestic as well as foreign clients. TenGer Capital is owned by one of the leading financial institutions in Mongolia, TenGer Financial Group, thus we are able to provide service utilizing our ...
16 Oct 2012
ХасSecurity

ХасSecurity

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 ...
16 Oct 2012
GLACIER ASSET

GLACIER ASSET

Glacier Asset, established as a wholly-owned subsidiary of TenGer Financial Group, is an asset management company for setting up and managing investment funds. A special license for asset management was issued by Financial Regulatory Committee (FRC) in November 2015. The Blue Sky Private Fund, a private investment fund, was licensed in January 2016 and launched its activity. Blue Sky Private ...
16 Oct 2012
TianRong Credit

TianRong Credit

Urumqi TianRong Microcredit Company is a joint venture of between TenGer Financial Group, IFC, MAK, Xinjiang Longhaida and Shanghai Junhe from China. TFG’s flagship subsidiary XacBank is a leading micro, small and medium enterprises finance provider in Mongolia and a globally recognized microfinance bank. IFC has been a long-term partner of TFG and XacBank since 1999. TianRong is the First ...