Ownership and Governance

In 2003 Khan Bank was privatized through international tender. Sawada Holdings of Japan is the largest shareholder with a 52.9% interest. Other investors include the Tavan Bogd Group of Mongolia, Development Alternatives, Inc. (DAI) of the US, the International Finance Corporation arm of the World Bank and Khan Bank CEO Simon Morris.

Khan Bank has a management contract through 2010 with DAI, a prominent international developing markets consultancy group based in Bethesda, Maryland. The Bank’s joint foreign / Mongolian management team has been in place for nine years providing strong strategic and operational continuity.

Awards

• Euromoney - Best bank of year 2006, 2007, 2008, 2009, 2010
• Banker Magazine - Best bank of year 2004, 2005, 2006, 2007, 2008, 2010
• Global Finance Magazine - Best bank of year 2003, 2005, 2006, 2007, 2008, 2009, 2010