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52345.94

( -219.57 -0.42% )
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Top 20 Index 52345.94 -219.57
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News

JANUARY 31, TRADING REPORT

2025-01-31 09:59:55

Total trade: 32,418,611,695 MNT (USD 9,401,495.17)

JANUARY 30, TRADING REPORT

2025-01-30 16:57:11

Total trade: 24,442,083,537 MNT (USD 7,094,491.36)

“KHAN BANK ” JSC INTRODUCES THE REPORT OF DISBURSEMENT ON CAPITAL RAISED FROM THE PUBLIC

2025-01-30 15:29:44

As of December 31, 2024, the funds raised from the IPO have been fully disbursed.

News

KHAN BANK INTRODUCES THE REPORT OF DISBURSEMENT ON CAPITAL RAISED FROM THE PUBLIC

2023-07-17 17:43:53

Khan Bank has publicly offered 191,219,800 ordinary shares with a price of MNT 959 from April 13 to 19, 2023, and raised a total of MNT 183,379,788,200 billion.

Regarding the spending of the raised capital, it is clearly stated in the prospectus of the securities, and it is planned to spend as follows:

  • 35% of the total raised capital, around MNT 64.1 billion, will be invested in information technology, digital product development, and innovation to accelerate the digital transition of banking products.

  • 34% of the total raised capital, around MNT 62.4 billion, will be used to finance energy-efficient green projects and programs.

  • 31% of the total raised capital, around MNT 56.9 billion, will be used to finance housing and long-term investment loans.

For the first purpose, MNT 5,134.3 million was spent on information technology and digital product development.

For the second purpose, new loans related to energy-efficient green projects and programs have been approved, but financing has not been committed yet.

For the third purpose, around MNT 56.9 billion, or 31% of the total raised capital, has been fully spent on financing housing and long-term investment loans.

Please click here to see the detailed information

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