XacBank has successfully opened a USD account at BNY Mellon
With this new account, the bank is poised to offer faster, cheaper and more reliable international USD transactions than ever before as well as shortening the time of receiving USD transfers from abroad by 2-3 times through SWIFT.
MoreXacBank raised 55.7 million US dollars from the development financial institutions
The funding will be used to finance micro, small, and medium businesses, women-owned businesses in particular, as well as to support green business and environmentally friendly projects that have a positive effect on mitigating climate change and reducing greenhouse gas emissions.
More"XacBank" JSC distributed a dividend of MNT 18.9 billion from the Bank’s earnings for the first half of the year 2024 to its shareholders
Following the EGM, 99.99% of the shareholders with voting rights who participated in the EGM have approved to declare and distribute interim dividends from the Bank’s earnings for the first half of the year 2024 in the total gross amount of MNT 18,948,600,000.00 by a declaration of dividend in the amount of MNT 18.00 per share.
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