Khan Bank is Mongolia's largest commercial bank.
Khan Bank LLC (“Khan”) is Mongolia’s largest commercial bank providing banking services to an estimated 70% of Mongolian families. Through its 537 branches and units nationwide, Khan provides access to finance in even the most remote areas of Mongolia to individuals, SME’s and corporate customers. Khan Bank’s loan exposure is predominantly in retail and SMEs.
Whilst Khan Bank already has an existing ESMS in place, there is opportunity for further improvement. The purpose of this technical assistance is to upgrade Khan Bank’s ESMS by reinforcing the understanding and implementation of the IFC Performance Standards, providing training and transactional support. The objective of the upgrade of the ESMS is to better assess, mitigate, document and monitor impacts and risks associated with financing and investment, but also to identify business opportunities.