Introduction Vision and Mission

XacBank ( is one of Mongolia’s largest banks, serving Micro customers, Small and Medium-sized Businesses as well as large corporations 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 500 thousand customers through its 97 retail and business branches as well as specialized banking outlets which includes 400 AMAR mobile banking agents and 70 Savings and Credit Cooperatives. The Bank aims to create a sustainable value for its shareholders and institutional investors, while promoting a triple-bottom line vision and mission as built around the “Planet, People and Profit.”    

XacBank is an undisputed leader in Corporate Governance, Transparency and Risk Management, and is best known for its world standard Corporate Social Responsibility implementations. In 2010, both Moody’s and Fitch ratings affirmed the operational scope and the credit capacity of XacBank at “B” and “B+” respectively, whilst development finance rating agency Planet Rating awarded the Bank a rating grade of “4-” out of “5” for its long-standing social performance.
Our goal is to be a more client-driven organization that is more accessible, innovative, and able to strike quickly at the many unique growth opportunities, in line with the outstanding economic growth prospect for Mongolia in the coming decade. 


We will become a bank preferred by clients from all customer segments for our comprehensive and value adding financial services and with the competitive business processes while maintaining our leadership in micro finance.


XacBank will become a dominant institution with leading services in the financial market that is equally concerned on Planet, People, and Profit.


Our core values describe how we should act in order to accomplish the tasks leading to achieving our Vision and Mission. They create desired culture, as they are the principles that guide the behaviors of all employees.

  • Customer focused business;
  • Creativity and fair remuneration;
  • Teamwork;
  • Respect and Responsibility;
  • Corporate social responsibility.