TenGer Financial Group LLC

TenGer Financial Group LLC

TenGer Financial Group LLC

Date Founded



International Commercial Center,Jamiyan Gun Street 9,Suite 16,Ulaanbaatar, Ulan Bator 14210

Type of Company



Retail & Commercial Banking
Management Consulting
Holding Companies
Consumer Finance
Investment Services & Portfolio Management

Company Description

TenGer Financial Group LLC provides financial services to individuals and businesses. The firm is a regional family of companies that include XacBank, XacLeasing, XacSecurity, HNS, and TenGer Insurance built to provide financial services to customers. Its services encompass market research, investment advice, fraud detection, investor protection, execution, financing options, and risk management related services. The firm also provides assistance in corporate governance, risk management, internal audit, MIS, branch management, and product development. The company was founded in October 2001 and is headquartered in Ulaanbaatar, Mongolia.

Executives & Employees

Chief Executive Officer & Executive Director

General Counsel

Chief Human Resources Officer

Chief Investor Relations & Corporate Affairs Officer

Chief Executive Officer of Tenger Capital

Chief Executive Officer, Xacbank


Chief Executive Officer, XacSecurity

Chief Executive Officer, Tenger Insurance

Chief Executive Officer, XacLeasing

Board of Directors

Executive Director at Byblos Bank SAL

Professional at ORIX Corp.

Mergers & Acquisitions Team at Teneo Capital LLC

Former Vice President at The MCS Group

Vice President at Mongolyn Alt (MAK) LLC

Executive Director at S.C. Fondul Proprietatea SA

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Recent Transactions
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National Bank of Canada purchases TenGer Financial Group LLC from Mercy Corps, Triodos Investment Management BV, European Bank for Reconstruction & Development (Private Eqty), IFC Asset Management Co. LLC, International Finance Corp. (Investment Company), Equator Capital Partners LLC

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ORIX Corp. purchases TenGer Financial Group LLC from Bamboo Finance Sarl, Triodos Investment Management BV

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Xinjiang Micro Credit Co. provides financial services to local micro and small business enterprises. It serves the financial industry. Xinjiang Micro Credit is headquartered in Xinjiang, China.

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Mongolyn Alt (MAK) LLC is a private company headquartered in Ulaanbaatar,, with domestic subsidiaries. The firm engages in exploration of minerals.

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National Bank of Canada engages in the provision of commercial banking and financial services. It operates through the following segments: Personal and Commercial; Wealth Management; Financial Markets; US Specialty Finance and International (USSF&I); and Other. The Personal and Commercial segment includes daily transaction solutions, depositary services, mortgage loans, home equity lines of credit, consumer loans, payment solutions, savings options, investment solutions, insurance products, international trade, foreign exchange transactions, payroll, cash management, electronic transactions, and complementary services. The Wealth Management segment focuses on hiring and retaining advisors and support staff to provide client experience and category-leading products and services. The Financial Markets segment offers a range of financial solutions, from debt and equity underwriting to bank credit and risk management products. The USSF&I segment specializes in consumer finance investment through its subsidiary Credigy. The Other segment comprises of treasury operations, non-recurring items, and unallocated portion of corporate units. The company was founded on May 4, 1859 and is headquartered in Montreal, Canada.

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ORIX USA Corporation is a diversified financial conglomerate with approximately $6 billion in assets, $25 billion of assets managed for others and over 1,100 employees. ORIX USA and its subsidiaries offer an extensive portfolio of investment and credit products in addition to advisory services. Headquartered in Dallas, Texas, ORIX USA has offices across the US with subsidiary operations in Europe and Asia.