A team from Khan Bank attended a
ceremony in Hong Kong some days ago to receive the prestigious  Euromoney award for the best bank of
Mongolia. This is the 5th year in a row that the bank was chosen for the award.

Explaining its choice, Euromoney has said, “Khan Bank is still widely regarded
by independent local securities firms and market participants as having the
best corporate governance and the strongest balance sheet. In October 2009 it
became the first Mongolian bank ever to reach MNT1 trillion in total assets,
and is the first among its peers to convert all of its branches to an online
real-time system. It has the largest ATM network in the country, and … is best
poised to benefit in Mongolian financial and economic development.”