XacBank
![XacBank](https://res.cloudinary.com/iibbank/image/upload/fl_progressive,w_640,c_limit/projects/7H3qFF3l9UZriASM0Z6cAF1nQMwuqbf9Yqe.jpg)
The International Investment Bank (IIB) has joined the International Finance Corporation (IFC) and the Netherlands Development Finance Company (FMO), which have organised a syndicated USD 125.5 million facility for Mongolia’s XacBank, one of the leading lenders to micro and small businesses in the country.
IIB's share - USD 10 million
Loan term - 3 years.