Bold Magvan

Bold is the Chief Advisor to the Chair of Board and CEO at XacBank. XacBank is a community development bank and microfinance institution in Mongolia.

Bold is the Chief Advisor to the Chair of Board and CEO at XacBank. He has over 30 years of experience gained through direct associations with both the private and public sectors. Bold has also worked as a Consultant in the World Bank and the International Monetary Fund. As the Deputy Governor of the Central Bank of Mongolia in 1996-2000, he overhauled the banking and financial sector in compliance with the best international norms and practices.

Posts by Bold Magvan

M-Banking XacBank Mongolia

In this video, Bold Magvan, President, XacBank, Mongolia, shares the success story of XacBank. Bold further explains how M-Banking has helped them to expand their business. He also talks about the opportunities and challenges M-banking faces in Mongolia. He shares that XacBank aims to provide basic financial services to every household in Mongolio irrespective of […]

Drop-outs Amongst Ugandan Microfinance Institution

The document examines why the MFIs in Uganda suffer such remarkably high levels of drop-out amongst their clients.