Khan Bank
Khan Bank is Mongolia's largest commercial bank.
Amount
€ 40,978.30
Type of investment
Subsidy
Beneficiary locations
Investment field
Financial Institutions
Activity
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.
View more of our investments in this region
Investment Companies & Funds
Navis Asia Credit Fund LP
15,000,000.00
Indonesia, Philippines, Vietnam
04/12/2024
Equity
Investment Companies & Funds
Navis Asia Credit Fund LP
5,000,000.00
Indonesia, Philippines, Vietnam
04/12/2024
Equity
