Type search keyword

Shareholders, funders, partners


Shareholders

TenGer Financial Group (TFG) is a sole shareholder and holding company of XacBank.

The shareholders of TFG are:

20.00%"MONGOLYN ALT" (MAK) LLC
17.17 %THE INTERNATIONAL FINANCE CORPORATION
16.81 %ORIX Corporation
12.91 %European Bank for Reconstruction and Development (EBRD)
10.52 %;NATIONAL BANK OF CANADA
10.15 %RONOC
6.63 %Mongolia Opportunities Partners
3.73 %TRIODOS FAIR SHARE FUND
1.59 %OPEN SOCIETY FORUM
0.30 %UB ROTARY CLUB
0.10 %BOLD MAGVAN

0.09 %GANBOLD CHULUUN


Funders and partners

 Asian Development Bank
 Regional development bank

 responsAbility
 Investing service

 Developing World Markets
 Investment company

 Incofin
 Investment company

 Proparco
 Financial institution

 FMO
 Development Bank

 EBRD
 European Bank

 IFC
 International Finance   Corporation

 Symbiotics
Investment company

 SIFEM
 Swiss Investment Fund

 Swedfund
 Financial institution

 Finnfund
 Financial institution

 Triodos Bank
Commercial banking company

 KfW
Development Bank

 DFC
 Development Bank

 OFID
 Development Fund

 CaixaBank
 Financial services

 Green Climate Fund
 Development Fund

 Global Climate
 Partnership fund

 IBEC
 International Bank

TENGER FINANCIAL GROUP SHAREHOLDING STRUCTURE

(as of 6 December 2021)

#shareholdersharesstake#shareholdersharesstake#SHAREHOLDER
SHARES
STAKE
1
Mongolyn Alt (MAK) Corporation LLC
3,316,985
20.000%
1
Mr.Nyamtaishir Byambaa1
600
60.000%
1
-
-
-
2
Ms.Khulan Damba1
400
40.000%
2
-
-
-
2
IFC2
2,847,794
17.171%
-
-
-
-
-
Please see Note 2.
3
ORIX Corporation3
2,788,218
16.812%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
175,714,000
14.590%
1
Please see Note 3.
2
Custody Bank of Japan Ltd. (Trust Account)
77,559,000
6.440%
2
Please see Note 3.
3
SSBTC CLIENT OMNIBUS ACCOUNT
29,797,000
2.470%
3
Please see Note 3.
4
Custody Bank of Japan Ltd. (Trust Account9)
29,497,000
2.440%
4
Please see Note 3.
5
Custody Bank of Japan Ltd. (Trust Account7)
24,407,000

2.020%
5
Please see Note 3.
6
CITIBANK, N.A.-N.Y. as Depositary Bank
23,672,000
1.960%
6
Please see Note 3.
7
State Street Bank West Client-Treaty 505234
21,263,000
1.760%
7
Please see Note 3.
8
JPMorgan Securities Inc.
20,930,000
1.730%
8
Please see Note 3.
9
Northern Trust Co. (AVFC) Sub A/C Non Treaty
19,157,000
1.590%
9
Please see Note 3.
10
SMBC Nikko Securities Inc.
18,283,000
1.510%
10
Please see Note 3.
4
EBRD4
2,140,273
12.905%
-
-
-
-
-
Please see Note 4.
5
National Bank of Canada (NBC)5
1,744,107
10.516%
1
BMO Asset Management Inc.
9,754,266
2.890%
1
Please see Note 5.
2
The Vanguard Group, Inc.
8,807,119
2.610%
2
Please see Note 5.
3
TD Asset Management Inc.
7,643,449
2.260%
3
Please see Note 5.тайлбар 5
4
RBC Global Asset Management Inc.
6,618,382
1.960%
4
Please see Note 5.
5
BlackRock Institutional Trust Company, N.A.
6,500,849
1.920%
5
Please see Note 5.
6
Capital Research Global Investors
5,728,208
1.700%
6
Please see Note 5.
7
CIBC Asset Management Inc.
5,047,691
1.490%
7
Please see Note 5.
8
Fidelity Investments Canada ULC
3,937,362
1.170%
8
Please see Note 5.
9
Mackenzie Financial Corporation
3,623,590
1.070%
9
Please see Note 5.
10
T. Rowe Price Associates, Inc.
3,551,344
1.050%
10
Please see Note 5.
6
Ronoc Partners Kft.
1,683,342
10.150%
1
Ronoc Financial Solutions
-
29.390%
1
Mr.Michael Madden1
-
100.000%
2
Kalina Investments Ltd.
-
27.900%
2
Mr.Andrei Kareev1
-
100.000%
3
Denton Holdings SPC
-
21.080%
3
Mr.Dennis Fulling1
-
100.000%
4
Filsham Limited
-
15.810%
4
Mr.Roland Nash1
-
100.000%
5
Mr.Gary Kinsey1
-
4.960%
5
-
-
-
6
Mr.David Nangle1
-
0.880%
6
-
-
-
7
Mongolia Financial Services6
1,098,764
6.625%
1
Enviar Capital Ltd.
-
90.000%
1
Please see Note 6.
2
Others
-
10.000%
2
Please see Note 6.
8
Triodos Fair Share Fund7
618,680
3.730%
-
-
-
-
-
Please see Note 7.
9
Open Society Forum8
264,141

1.593%
-
-
-
-
-
Please see Note 8.
10
UB Rotary Club9
50,000
0.301%
-
-
-
-
-
Please see Note 9.
11
Mr.Boldoo Magvan1
16,968
0.102%
-
-
-
-
-
-
-
-
12
Mr.Ganbold Chuluun115,372
0.093%
-
-
-
-
-
-
-
-

Total16,584,644
100.000%








Footnotes:

n/a - information not available to the Company

1 Natural persons

2 IFC is an international financial institution with member countries.

3 ORIX is listed in New York and Tokyo. Public information as of 30 September 2021.

4 EBRD is an international financial institution with member countries.

5 NBC is listed in Toronto. Public information as of 31 October 2021.

6 Enviar Capital Ltd. bought out stakes of IFC, EBRD, ORIX, Obviam, FMO, DEG and Mitsubishi in MFS, effective 12 November 2021.

7 Triodos Fair Share Fund is partially listed on Euronext, Amsterdam and is a mutual fund. Name of Triodos custody B.V.,  legal owner of Triodos Fair Share Fund, has been changed to Legal Owner Triodos Funds B.V.

8 Open Society Forum is a Mongolian non-governmental organization. The Chairman of the Board is registered with LERO (Legal Entities Registration Office) of Mongolia as UBO.

9 UB Rotary Club is a Mongolian non-governmental organization. 5 founders were registered as UBOs with LERO.

Swipe more Earn more

"Monpay" payment card