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About
Khan Bank
Khan Bank logo

Khan Bank, established in 1991, is a very large commercial bank in Mongolia with 547 branches all across Mongolia with more than 6000 employees, and provides banking services to an estimated 80% of Mongolian households. Given the relatively small population of 3.2 mn inhabitants spread over such a spacious country like Mongolia, Khan Bank offers one of the few options in the country to reach out to micro entrepreneurs on a broad scale.

Khan bank has a Gross Loan Portfolio as of May 2021 of around EUR 2 billion and the GLS fund has invested in the same month USD 4.97 million in the institution.

Outstanding loan amount:

EUR 9.160.806

Number of Loans:

4

Information dated to:

30 June, 2024

Country & Region:

Mongolia, Asia

Address:

Chinggis Avenue-6, Stadium Orgil-1, Khan-Uul district, Ulaanbaatar-17010, Mongolia

Website:
Worldwide investments
Portfolio as of 30/06/2024

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Disclaimer

This marketing communication is for informational purposes only and does not constitute an investment recommendation or advice or an offer to buy or sell fund units.

It is explicitly not directed at natural persons or legal entities whose place of residence or business is subject to a foreign jurisdiction that imposes restrictions on the dissemination of such information, in particular not for US citizens or persons domiciled or permanently resident in the USA.

The only basis for the purchase of fund units are the Key Information Document (KID), the current sales prospectus and the most recently published and audited semi-annual and annual report. A current version of the sales documents in German is available free of charge in paper form from the depositary, the management company and online at www.ipconcept.com.

The investment fund is subject to a risk of increased volatility. No assurance can be given that the investment objectives will be achieved. Information on past performance does not allow any conclusions about future performance. In general, every investment carries the risk of capital loss.

Any performance figures shown are net figures. If an investor wishes to purchase units for €1,000, he must pay €1,025 with an issue premium of 2.5%. The investor may incur securities account costs and other costs (e.g., custody or safekeeping costs), which reduce the performance. The tax treatment depends on the individual circumstances of each investor. An investment is associated with risks. For detailed information on opportunities and risks, please refer to the current sales documents.

The management company may decide to discontinue the arrangements it has made for the distribution of the units of its collective investment undertakings in accordance with Article 93a of Directive 2009/65/EC and Article 32a of Directive 2011/61/EU. Further information on investor rights in German can be found on the management company’s website at https://www.ipconcept.com/ipc/de/anlegerinformation.html.

Information on sustainability-related aspects in accordance with EU Regulation 2019/2088 can be found at https://www.ipconcept.com/fs/getdata.php?m=getDoc&id=PSzBxMfcvdrEWZnOaY56.

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