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
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