What Does Khan Bank Do?

Total employees1128
HeadquartersUlaanbaatar
Founded1991

Khan Bank is the largest commercial bank in Mongolia, providing comprehensive financial services to individuals, small and medium-sized enterprises (SMEs), and corporate customers. Established in 1991 and privatized in 2003, Khan Bank has played a pivotal role in modernizing Mongolia's banking sector. With an extensive nationwide network and a strong focus on digital innovation, the bank is committed to financial inclusion, customer-centric services, and contributing to the sustainable development of Mongolia. It offers a wide range of products including deposits, loans, card services, digital banking, international transactions, and more.

Where Is Khan Bank's Headquarters?

HQ Function

The headquarters serves as the central hub for Khan Bank's strategic management, corporate governance, core banking operations, risk management, financial control, technology infrastructure oversight, and development of new products and services.

Notable Features:

Khan Bank Tower is a modern, prominent office building in Ulaanbaatar's central business district, reflecting the bank's status and contemporary image. It houses advanced banking technology and facilities.

Work Culture:

Khan Bank fosters a professional, dynamic, and customer-oriented work culture. There is a strong emphasis on teamwork, ethical conduct, continuous learning, and embracing digital transformation to enhance service delivery and operational efficiency.

HQ Significance:

The headquarters' location in Mongolia's capital city, Ulaanbaatar, underscores its central role in the nation's financial system. It acts as the command center for the largest banking network in the country, facilitating economic activity and financial inclusion nationwide.

Values Reflected in HQ: The headquarters' design and operations reflect Khan Bank's values of customer focus, innovation, reliability, transparency, and commitment to Mongolia's development.

Location:

While Khan Bank's primary operations are focused on Mongolia, it maintains a global reach through correspondent banking relationships with major international financial institutions. This network facilitates international trade finance, remittances, foreign currency transactions, and other cross-border services for its customers. Khan Bank supports Mongolian businesses engaging in international trade and provides services for Mongolian citizens living or working abroad.

Street Address:

Khan Bank Tower, Seoul Street-25, 1st Khoroo, Sukhbaatar District

City:

Ulaanbaatar

State/Province:

Ulaanbaatar

Country:

Mongolia

Where Else Does Khan Bank Operate Around the World?

Nationwide, Mongolia (e.g., Darkhan, Darkhan-Uul Province, Mongolia)

Address: Khan Bank operates the most extensive network with over 540 branches and service points across all 21 provinces and districts of Ulaanbaatar.

To ensure widespread access to financial services across Mongolia, supporting local economies, individual financial needs, and SME growth in diverse regions, from provincial capitals to remote soums.

Buying Intent Signals for Khan Bank

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Khan Bank? Meet the Executive Team

As of April 2025, Khan Bank' leadership includes:

Munkhtuya Rentsenbat - Chief Executive Officer
Burenjargal Adiya - First Deputy CEO / Chief Operating Officer
Battuya Sodnomdarjaa - Deputy CEO / Chief Retail Banking Officer
Boldsaikhan Dembereldorj - Deputy CEO / Chief Information Officer
Erdenedelger Bavuudorj - Deputy CEO / Chief Financial Officer

Who's Investing in Khan Bank?

Khan Bank has been backed by several prominent investors over the years, including:

H.S. Ulaanbaatar LLC (controlled by Hosen Capital)
Tavan Bogd Trade LLC
Public shareholders via Mongolian Stock Exchange (MSE)

What Leadership Changes Has Khan Bank Seen Recently?

Hire0
Exits0

Following its successful Initial Public Offering (IPO) in October 2023, Khan Bank's C-level executive team has largely maintained stability, focusing on continued growth and strategic execution. Key leadership, including the CEO appointed in December 2022, was well-established leading into this period. No major C-suite hires or departures have been publicly announced in the immediate past 12 months (May 2023 - May 2024).

What Technology (Tech Stack) Is Used byKhan Bank?

Discover the tools Khan Bank uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Khan Bank Email Formats and Examples

Khan Bank likely uses a standard corporate email format for its employees. While the exact structure can vary, a common professional format is often [first_initial][last] or [first].[last] followed by the company domain.

[first].[last]@khanbank.com or [first_initial][last]@khanbank.com

Format

m.rentsenbat@khanbank.com

Example

75%

Success rate

What's the Latest News About Khan Bank?

Mongolian Stock Exchange / Khan Bank NewsOctober 12, 2023

Khan Bank IPO Successfully Closed, Marking a Historic Event on the Mongolian Stock Exchange

Khan Bank announced the successful closure of its Initial Public Offering (IPO), the largest in Mongolian history. The IPO was oversubscribed, reflecting strong investor confidence in the bank's performance and future prospects. Shares began trading on the Mongolian Stock Exchange, making Khan Bank a publicly listed company....more

news.mn (example - actual source may vary for Q1 results)April 25, 2024

Khan Bank Reports Strong Q1 2024 Financial Results Post-IPO

Khan Bank announced its financial results for the first quarter of 2024, showcasing continued growth in key areas such as net profit, loan portfolio, and customer deposits. The results highlight the bank's robust performance following its landmark IPO and its ongoing efforts in digital transformation and customer service enhancement....more

Khan Bank Press ReleaseFebruary 15, 2024

Khan Bank Awarded 'Best Digital Bank Mongolia 2023' by Global Finance Magazine

Khan Bank was recognized for its leadership in digital innovation, receiving the 'Best Digital Bank Mongolia 2023' award. This accolade underscores the bank's commitment to providing convenient and cutting-edge digital banking solutions to its customers, including its popular mobile banking app and online services....more

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