Insights

Growing Microfinance Market XacBank's focus on microfinance and support for Micro, Small, and Medium enterprises in Mongolia presents opportunities for financial technology solutions, credit scoring systems, and affordable lending platforms tailored to small business needs.

Sustainability Initiatives The partnership with Micro Energy Credits to leverage carbon microfinance indicates openness to innovative green finance products, opening doors for eco-friendly investment options, renewable energy financing, and environmental impact tracking solutions.

Recent Recognition Being named the Best Bank of Mongolia in 2016 highlights XacBank's reputation and influence in the local banking sector, making it a strategic partner for expanding financial services, digital transformation projects, and brand collaboration efforts.

Technology-Driven Growth Utilizing modern tech stacks like Tailwind CSS, Radix UI, and jQuery shows a commitment to digital innovation, which could lead to opportunities in developing customer engagement tools, mobile banking platforms, and fintech integrations.

Funding and Revenue Potential With revenues estimated between 25 and 50 million dollars and recent funding of 10 million dollars, there is scope to introduce scalable financial products, advanced analytics, and technology upgrades aimed at enhancing the bank's competitive edge in Mongolia's banking landscape.

Similar companies to XacBank

XacBank Tech Stack

XacBank uses 8 technology products and services including Parsley.js, Swiper, jQuery, and more. Explore XacBank's tech stack below.

  • Parsley.js
    Frameworks And Libraries
  • Swiper
    Javascript Libraries
  • jQuery
    Javascript Libraries
  • Framer Motion
    Javascript Libraries
  • Priority Hints
    Performance
  • Radix UI
    UI Frameworks
  • Tailwind CSS
    UI Frameworks
  • Microsoft IIS
    Web Servers

XacBank's Email Address Formats

XacBank uses at least 1 format(s):
XacBank Email FormatsExamplePercentage
First.L@xacbank.mnJohn.D@xacbank.mn
64%
FirstL@xacbank.mnJohnD@xacbank.mn
18%
First.Last@xacbank.mnJohn.Doe@xacbank.mn
13%
Last.F@xacbank.mnDoe.J@xacbank.mn
5%

Frequently Asked Questions

Where is XacBank's headquarters located?

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XacBank's main headquarters is located at Ulaanbaatar 14200 Mongolia. The company has employees across 3 continents, including AsiaNorth AmericaEurope.

What is XacBank's phone number?

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You can contact XacBank's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is XacBank's official website and social media links?

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XacBank's official website is xacbank.mn and has social profiles on LinkedInCrunchbase.

What is XacBank's SIC code NAICS code?

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XacBank's SIC code is 6029 - Commercial Banks, Not Elsewhere Classified NAICS code is 52211 - Commercial Banking.

How many employees does XacBank have currently?

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As of April 2026, XacBank has approximately 402 employees across 3 continents, including AsiaNorth AmericaEurope. Key team members include Chief Executive Officer, Executive Board Director: T. T. G.Cio And Ciso: U. K.Cfo: E. G.. Explore XacBank's employee directory with LeadIQ.

What industry does XacBank belong to?

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XacBank operates in the Banking industry.

What technology does XacBank use?

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XacBank's tech stack includes Parsley.jsSwiperjQueryFramer MotionPriority HintsRadix UITailwind CSSMicrosoft IIS.

What is XacBank's email format?

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XacBank's email format typically follows the pattern of First.L@xacbank.mn. Find more XacBank email formats with LeadIQ.

How much funding has XacBank raised to date?

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As of April 2026, XacBank has raised $10M in funding. The last funding round occurred on Jan 29, 2025 for $10M.

When was XacBank founded?

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XacBank was founded in 1998.

XacBank

BankingUlaanbaatar, Mongolia201-500 Employees

Founded in 1998, XacBank is a community development bank and microfinance institution in Mongolia, and is headquartered in Ulaanbaatar.

OUR VISION

XacBank will be the dynamic leader in providing inclusive financial services and innovative products through an extensive network of branches and partners. The Bank will further grow its market share and support the development of competitive Micro, Small and Medium businesses in Mongolia by using the information communications technology together with personalized customer services.

OUR MISSION

To contribute to sustainable development of Mongolia that can come only from educated and skilled people and competitive and dynamic businesses concerned equally about Planet, People, and Profit. The Bank will provide equitable access to transparent, reliable and responsive banking products and services to the Bank’s clients, including its traditional Micro-entrepreneurs as well as Small and Medium businesses.

Section iconCompany Overview

Headquarters
Ulaanbaatar 14200 Mongolia
Phone number
Website
xacbank.mn
SIC Code
6029 - Commercial Banks, Not Elsewhere Classified
NAICS Code
52211 - Commercial Banking
Founded
1998
Employees
201-500

Section iconFunding & Financials

  • $10M

    XacBank has raised a total of $10M of funding over 6 rounds. Their latest funding round was raised on Jan 29, 2025 in the amount of $10M.

  • $25M$50M

    XacBank's revenue is estimated to be in the range of $25M$50M

Section iconFunding & Financials

  • $10M

    XacBank has raised a total of $10M of funding over 6 rounds. Their latest funding round was raised on Jan 29, 2025 in the amount of $10M.

  • $25M$50M

    XacBank's revenue is estimated to be in the range of $25M$50M

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