Xac Bank - Products and Services

Products and Services

XacBank’s core products include current and savings accounts, various credit and lending products, as well as both domestic and international remittances.

Moreover, XacBank provides not only credit and debit card products such as MasterCard and VISA card being an associate member of these organizations, but also, popular international remittances and settlements through SWIFT, EUROGIRO and Western Union being a principal member of these networks.

The main product categories

  • Deposit
  • Loan
  • Leasing
  • Remittance
  • Electron banking
  • Trade finance
  • Training and Consulting

Percentage of operations comprised by microfinance:

91-100%

Other services provided:

Full-scale financial services
Second-tier lending to MFIs

Main Funding Sources

  • Loans
  • Savings
  • Shareholder capital

Largest funder

  • TenGer Financial Group LLC

Read more about this topic:  Xac Bank

Famous quotes containing the words products and/or services:

    All that is told of the sea has a fabulous sound to an inhabitant of the land, and all its products have a certain fabulous quality, as if they belonged to another planet, from seaweed to a sailor’s yarn, or a fish story. In this element the animal and vegetable kingdoms meet and are strangely mingled.
    Henry David Thoreau (1817–1862)

    Working women today are trying to achieve in the work world what men have achieved all along—but men have always had the help of a woman at home who took care of all the other details of living! Today the working woman is also that woman at home, and without support services in the workplace and a respect for the work women do within and outside the home, the attempt to do both is taking its toll—on women, on men, and on our children.
    Jeanne Elium (20th century)