Khan Bank
CMM Verified
MSE: KHANPublic CompanyFinancial ServicesOverview
- Legal Name
- Khan Bank
- Company Type
- Public Company
- Listing
- MSE: KHAN
- Industry
- Financial Services
- Founded
- 1991
- Market Cap
- MNT 2.5T
- CEO
- Munkhtuya Rentsenbat
- Website
- www.khanbank.com
- Coverage
- CMM Verified
About the Company
Khan Bank JSC is a Mongolian financial services company founded in 1991 and listed on the Mongolian Stock Exchange in September 2022. Headquartered in Ulaanbaatar's Khan-Uul District, the bank is led by CEO Rentsenbat Munkhtuya and reported total assets of 23.9 trillion MNT, revenue of 2.9 trillion MNT, and profit after tax of 694.8 billion MNT. Major shareholders include HS Holdings Co., LTD, Tavan Bogd Holdings LLC, Dashdavaa Khulan, and H.S. International (Asia) Limited, with the bank maintaining a market capitalization of approximately 2.5 trillion MNT.
Financial Performance
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Net Profit | 559B | 639B | 695B |
| Pre Tax Profit | 743B | 830B | 879B |
| Net Interest Income | 1.05T | 1.23T | 1.34T |
| Fee And Commission Income | 282B | 303B | 323B |
All figures in MNT. K = thousand, M = million, B = billion, T = trillion.Source: cmm-workbook
Ownership & Structure
Shareholders
HS Holdings Co., LTD40.99%
Tavan Bogd Holdings LLC22.78%
Khulan D.13.22%
H.S. International (Asia) Limited8.78%
Deal Insights
Built a deep DFI pipeline focused on green finance, women/youth MSMEs, and rural lending. Total: approximately $815 million across 7 deals.
| Date | Amount | Investors | Funding Type | Purpose |
|---|---|---|---|---|
| Jun 24, 2026 | $170M | EBRD, Green Climate Fund (GCF), Women Entrepreneurs Finance Initiative (We-Fi) | Debt | $80M Green/GCF, $50M WiB, $40M YiB — EBRD's largest-ever loan to a Mongolian bank |
| Mar 12, 2026 | $130M | AIIB (Asian Infrastructure Investment Bank) | Debt | Renewable energy, energy efficiency, green buildings, pollution control, water management, clean transport |
| Dec 8, 2025 | $100M | ADB | Debt | Rural MSMEs and agricultural enterprises and individuals |
| Nov 21, 2025 | $50M | FinDev Canada | Syndicated Loan | Climate mitigation/adaptation (30%), women-led MSMEs (30%), youth & agri-SMEs (40%) |
| Nov 12, 2025 | $20M | EBRD | Debt | Rural business & green agriculture access |
| May 14, 2025 | $145M | EBRD | Debt | Women-focused (48%) and Green (52.8%) |
| Mar 13, 2025 | $200M | FMO, CDP, Finnfund | Syndicated Loan | Green financing (30%) & Women/Youth MSMEs |
DocumentsSubscriber access
Reports
Executive Team
MR
CEO
Munkhtuya Rentsenbat
CEO
DD
Dugarbaatar Dorjnamjil
Chief Auditor
EB
Erdenedelger Bavlai
First Deputy CEO for Business
MG
Munkhbayar Geleg
Deputy CEO for Risk
SN
Sachin Nair
Deputy CEO for Technology & Operations
Board of Directors
Board Chair
DT
Daribum Tudev
Board Chair, Independent Director
KD
Khulan Dashdavaa
Board Deputy Chair, Regular Director
Independent Directors
HA
Hans Aart Jongejans
Independent Director
TA
Tamir Amarbayasgalan
Independent Director
Sustainability
Sustainability Outcomes
Renewable energyLow-pollution energyEnergy efficiencyGreen buildingPollution prevention and mitigationSustainable water and waste useSustainable agriculture, land use, forestry, and eco tourismLow carbon transportation
UN SDGs
SDG 5SDG 7SDG 8SDG 9SDG 10SDG 12SDG 13SDG 15SDG 16SDG 17
ESG PolicyYES
Sustainability DisclosureYES
Transition / Mitigation StrategyYES
Impact TrackedYES
Impact VerifiedYES
Certifications
LEED Gold CertificateMongolian Sustainable Finance Association
News & Research