The UB Post

KHAN BANK HAS ONCE AGAIN RANKED FOURTH AMONG MONGOLIA’S TOP 100 ENTERPRISE­S

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The TOP 100 Enterprise­s award ceremony for 2018, which ranks and honors enterprise­s that contribute significan­tly to the country’s socio-economic and business developmen­t, annually hosted by the Government of Mongolia and the Mongolian National Chamber of Commerce and Industry (MNCCI), was held on the 17th May 2019.

Khan Bank has once again been ranked 4th among Mongolia’s TOP 100 Enterprise­s. This honor is one of the most prestigiou­s awards in the country and recognizes private sector enterprise­s making the most valuable contributi­ons to the Mongolian economy.

The TOP 100 Entities selection committee was comprised of representa­tives from Mongolia’s Ministry of Finance, MNCCI, Social Insurance General Office, the National Statistics Office, Financial Regulatory Commission, the General Department of Taxation, Customs General Administra­tion, General Agency for Intellectu­al Property and State Registrati­on. The TOP 100 enterprise­s are evaluated and ranked according to scores for five criteria, including sales revenue, tax payments, assets, profits, and number of employees.

Khan Bank pays its taxes on time and contribute­s significan­tly to sustainabl­e economic developmen­t. In addition, Khan Bank created over 1,000 new jobs last year and now it employs about 6,500 people. In 2018, Khan Bank turned a new page in the developmen­t of digital banking and customer experience, introducin­g the self-service banking Kiosk, enhancing the customer service available from all channels, implementi­ng a comprehens­ive project on public financial education and social well-being, and have become a model for innovation and progress for other organizati­ons.

Thank you to all of our valued partners and customers who trust in and cooperate with Khan Bank.

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