“Netcapital Finance Corporation NBFI LLC” is proud to announce the successful completion of our transition to the IFRS 9. This milestone marks a significant step forward in our commitment to financial transparency and operational excellence.
By adopting IFRS 9, we are moving toward a more sophisticated, forward-looking approach to credit risk. This transition ensures that our financial reporting reflects the highest international benchmarks, providing a clear and standardized view of our asset quality.
This achievement underscores our dedication to maintaining a future-oriented financial structure and fostering long-term, sustainable growth.
Netcapital Finance Corporation NBFI LLC, a leading Mongolian financial institution and a recognized Top 100 Entity, is pleased to announce the successful arrangement of a USD 5 million debt financing facility with Bankers Crowd Credit Co., Ltd., a Japan-based private debt investment platform.
This landmark transaction strengthens Netcapital Finance Corporation NBFI’s funding base, supports the diversification of its loan portfolio, and reinforces its role as a key driver of financial accessibility across Mongolia. The proceeds will be used to expand credit access for micro, small, and medium-sized enterprises (MSMEs), rural entrepreneurs, young business owners, and women-led enterprises, delivered through Netcapital’s nationwide network of 45 branches and its Netpay mobile application.
With a strong focus on innovation and digital transformation, Netcapital continues to expand its product offering, which includes specialized business loans, green loans, auto financing, and consumer lending through Netpay, designed to meet the evolving needs of more than 130,000 customers.
“By directing these resources toward Mongolia’s most underserved communities, we are advancing our core mission of financial inclusion and creating meaningful economic impact,” said Khunshagai B., CEO of Netcapital Finance Corporation NBFI LLC.
About Netcapital Finance Corporation NBFI LLC
Established in 2008, Netcapital is a premier non-bank financial institution in Mongolia, providing a broad range of digital and traditional financial products. The company is recognized for its strong corporate governance, transparency, and commitment to innovation, and continues to play a leading role in expanding access to responsible financial services across the country through its nationwide branch network and technology-driven solutions.
About Bankers Crowd Credit Co., Ltd
Bankers Crowd Credit is a global online marketplace lending platform connecting Japanese investors with diverse debt opportunities worldwide. They help borrowers diversify funding sources while giving investors access to non-bank financial institutions, microfinance, renewable energy, and more. Their loans support both financial returns and positive social impact.
As the official live broadcast sponsor of the Paris Olympics, a pinnacle of human celebration, Netcapital Financial Group has signed a partnership agreement to support B. Otgonbold, a member of the National Archery Team who qualified for the "Paris 2024" Olympics. He is also the champion of the Asian Games, the recipient of the "Best Athlete of 2023" traveling cup, and an International Master of Sport.
We are proud to support our national team and athletes who are full of passion and determined to raise the name of Mongolia on the world stage.
We wish for the auspicious blessing of our golden soyombo state flag to fly high in the Paris sky. We extend our best wishes to B. Otgonbold for great success in his athletic endeavors.
Нэткапитал санхүүгийн группийн Төлөөлөн удирдах зөвлөлийн 2021 оны анхдугаар хурал 3 дугаар сарын 17-ы өдөр Шангри-Ла зочид буудалд зохион байгуулагдлаа.
Ээлжит хурлаар группийн гүйцэтгэх захирлын орлогч Б.Хуншагай тэргүүтэй удирдлагын баг 2020 оны үйл ажиллагааны болон санхүүгийн тайланг танилцуулж, компанийн цаашид хэрэгжүүлэх төсөл хөтөлбөрүүд, группийн шинэчилсэн стратеги төлөвлөлт, алсын хараа, эрхэм зорилгуудыг батлууллаа.
Дэлхий дахинаа нүүрлэж буй шинэ коронавируст халдварын тархалттай холбогдуулан Монгол Улсын Засгийн газар, СЗХ-ны тогтоол, шийдвэрүүдийг мөрдлөг болгон ажиллаж, эдийн засгийн хямралтай саруудад харилцагчид үүсэж болох эрсдэлээс урьдчилан сэргийлж өрийн дарамт, санхүүгийн эрсдэлтэй нөхцөл байдалд орохоос амжилттай сэргийлж шат дараатай арга хэмжээ аван ажилласан нь сайшаалтай байлаа.
Хуралдаанаар 2021 оныг Дижитал шилжилтийн жил болгож дотоод болон гадаад ажиллах орчныг 100% цахим хэлбэрт шилжүүлэн ажиллахыг цохон хэлэлцлээ.
ТУЗ-ийн ээлжит хуралд Группийн ТУЗ-ийн дарга Д.Сүндий, хараат бус гишүүн Ц.Мөнхбат, АХБ-ны хөрөнгө зохицуулалтын газрын захирал Л.Тэмүүжин, Богд банкны Эрсдэлийн газрын захирал С.Оргодол нарын гишүүд биечлэн оролцож "СПЕК" ХХК-н захирал Ш.Чуданжий, “UA Properties”-ийн А.Урангоо нарын гишүүд хэсэгчилсэн хорионы улмаас цахим хэлбэрээр тус тус оролцлоо.
In accordance with the revised Corporate Governance Code approved by the Financial Regulatory Commission in March 2022, Netcapital Finance Corporation NBFI held a regular Board of Directors meeting at the ASEM CLUB HOUSE on June 24, 2022.
At the meeting, the management team, led by First Deputy CEO B. Khunshagai, presented the company's operational and financial performance for 2021 and 2022. They also discussed and gathered feedback on the company's future projects and programs. Furthermore, in line with the new governance code, the board reviewed and discussed the regulations for the Audit, Remuneration, and Nomination committees. A vote was also held to determine the members of these committees.
The meeting was attended in person by Board Chairman D. Altangerel; CEO N. Undrakh; First Deputy CEO B. Khunshagai; and independent members Ts. Munkhbat, S. Orgodol, A. Urangoo, B. Bolorchimeg, Sh. Chudanjii, and L. Orgil.
This partnership will enable customers to quickly and efficiently receive original spare parts and repair services with a manufacturer's warranty from the MSM Automotive official repair center under favorable financial terms.
Netcapital Financial Group, which has been operating stably in Mongolia's banking and financial market for over 10 years, is ready to introduce a brand-new product that will bring a radical change to the Mongolian fintech sector. The NET WARE system, set to be launched in mid-September, provides a combined financial and technological service. This system is unique from previous fintech products because it includes an investment solution.
The Board of Directors (BOD) of Netcapital Financial Group has approved the strategic plan for introducing the new product to the market.
The Group's BOD includes experienced experts from various fields, such as Sh. Chudanjii, Ts. Munkhbat, L. Temuujin (Department Director at the Development Bank), and A. Urangoo (from UA Properties). This indicates that the organization is undergoing a major strategic and operational shift. It is clear that these individuals will define the future strategic policies of Netcapital Financial Group and increasingly take on the role of leading and guiding the development of the fintech sector in Mongolia. This September, we will have the opportunity to get acquainted with a brand-new product from an experienced financial group.
On the 20th of this month, Netcapital Financial Group, a major player in the financial sector, hosted a "Special Evening" gathering at "River Kitchen" with special guests. Representatives from well-known businesses and social media influencers shared photos of the event on their social media pages, which drew significant interest.
Over 90 guests and delegates attended the meeting, including:
The event was a productive and engaging evening where attendees shared experiences and discussed:
Based on public social media posts, the meeting was highly effective, with guests sharing solutions and insights on the benefits of asset management. Mongol Insurance LLC, MSM Group, ISAIA Mongolia, and River Club collaborated on the event, and as guests reported, it seems Netcapital successfully "Net-Worked" with key industry figures.
From the meeting's photos:
Уулзалтын үеийн зургуудаас:
We were programmed for many years with the idea that if you are a straight-A student and graduate with honors, you will succeed... and I did that, but in the end, no success came. I hit a wall.
