Best bank: Khan Bank
Khan Bank, Mongolia’s largest bank with a 30% market share, receives the award as the country’s best bank in recognition of its solid growth and the successful completion of its initial public offering.
In April 2023, Khan Bank made history by conducting the largest IPO on the Mongolian stock market, raising $53 million. The bank plans to allocate 35% of the raised funds to digital transformation and 34% to green sustainable programmes, demonstrating its commitment to sustainability.
Thanks for your interest in Euromoney!
To unlock this article:
