XacBank JSC publishes its 2024 Financial Report
XacBank JSC published its 2024 Financial Repor, net worth reaching 170.9 billion tugriks, 20% higher than last year.
XacBank JSC reports that its 2024 earnings and highlighted major milestones. In 2024, the joint stock company secured $236 million USD in Senior Debt Financing to empower women entrepreneurs in micro, small, and medium enterprises (MSMEs) and advance energy-efficient businesses, a $236.0 million USD loan agreement was signed with leading DFis and IFis, including FMO, ADB, DEG, EBRD, Proparco, responsAbility, Finnfund, TripleJump, DWM, and Symbiotics. They were awarded the Global Climate Partnership Award in Zurich, Switzerland. XacBank Energy-Efficient Housing Project was recognized as the winning project of 2024 by the Global Climate Partnership Fund (GCPF).