Khan Bank Becomes First Mongolian Company Included in FTSE Russell Frontier Market Index
FTSE Russell is a leading organization in the field of international stock market index calculation and research, and one of the most prestigious institutions that issue global stock indices. The indices published by the organization are used as investment benchmarks by the world’s leading investment funds and ETFs (exchange-traded funds).
Among the 373 companies from 30 countries, including Kazakhstan, Vietnam, and Pakistan, announced last month, Khan Bank JSC is the first Mongolian company to be included in the Frontier Market index — a significant milestone in the history of the Mongolian stock market, according to experts. This recognition will increase opportunities for foreign investors to invest in Mongolia’s capital market, including Khan Bank, and will serve as a strong incentive to enhance Mongolia's international reputation and market liquidity.
To be included in this index, companies must meet a number of criteria, including financial strength, market capitalization, liquidity, and management transparency. Khan Bank's full compliance with these criteria represents a historic achievement, bringing Mongolia's capital market to an international level.
Our sincere congratulations to everyone at Khan Bank for this historical milestone!