Shareholders

TenGer Financial Group is owned by the following institutional investors as MAK (20.0%), IFC (17.2%), ORIX Corporation (16.8%), EBRD (12.9%), National Bank of Canada (10.5%), Ronoc Partners (10.2%) and Mongolia Financial Services (6.6%) with the rest being 5 minority shareholders owning less than 5% each.


Mongolyn Alt (MAK) Corporation

Mongolyn Alt (MAK) Corporation is one of the largest business groups in Mongolia with assets in mining, aviation, construction and tourism. MAK invested jointly with TFG and IFC in the micro-credit company (TianRong) in Xinjiang, China.

For more information: www.mak.mn


International Finance Corporation (IFC)

The International Finance Corporation (IFC) is a member of the World Bank Group. IFC fosters sustainable economic growth in developing countries by financing private sector investment, mobilizing capital in the international financial markets, and providing advisory services to businesses and governments.

For more information: www.ifc.org



ORIX Corporation

Established in 1964, ORIX Corporation is a leading integrated financial services group, based in Tokyo, Japan with a global network of companies in insurance, leasing, banking, real estate and leisure and other services worldwide.

For more information: www.orix.co.jp




European Bank for Reconstruction and Development (EBRD)

Founded in 1991, the European Bank for Reconstruction and Development (EBRD) is an international organization owned by member countries and two intergovernmental institutions. EBRD provides project financing for banks, industries and businesses, both new ventures and investments in existing companies.

For more information: www.ebrd.com


National Bank of Canada

National Bank of Canada is the sixth largest commercial bank in Canada. It is headquartered in Montreal and has branches in most Canadian provinces.

For more information: https://www.nbc.ca/


Ronoc

Ronoc is an Irish based private investment and advisory business operating in a broad range of businesses, including microfinance, retail financial services, and executive search services. Ronoc has been investing in Mongolia since 2008.

For more information: www.ronoc.ie


Mongolia Financial Services (Mongolia Opportunities Fund)


Mongolia Opportunities Partners/Mongolia Opportunities Fund is a private equity firm investing in Mongolia’s fast growing companies primarily in the mining services and infrastructure sectors.

For more information: http://www.mongolfund.com/