[MSE:KHAN] - Investment Teaser Q4, 2025

Founded in 1991 and privatized in 2003, Khan Bank is Mongolia’s largest commercial bank, serving over 2.9 million customers—approximately 82% of the nation’s population.

As of year-end 2025, Khan Bank demonstrated robust growth with total assets reaching ₮23.8 trillion and a net profit of ₮695 billion. Key highlights include:

• Market Leadership: Maintains a commanding lead as Mongolia's largest systemic bank, holding over 30% market share in total assets, deposits, and loans, and serving roughly 82% of the population.
• Financial Health: Delivered a strong Return on Equity (ROE) of 27.1% and maintained a healthy Capital Adequacy Ratio (CAR) of 17.5%, while keeping the NPL ratio low at 4.1%.
• Sustainability & Innovation: Commands 48.0% of the green loan market share and successfully issued Mongolia’s first-ever Gender Bond (₮30 billion) in June 2025.
• Global Standing: Reaffirmed with a 'B+' rating (Stable) by Fitch and upgraded to 'B1' (Stable) by Moody’s, reflecting the bank's dominant market share and strong alignment with Mongolia’s sovereign credit profile.

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