CapPlus Webinar: Foreign Exchange Risk for Small Business Banks: Case Study on XacBank

Many small business banks and microfinance institutions rely on cross-border borrowing, but large currency fluctuations can reduce or even eliminate profit from an institution’s bottom line. In this webinar, Amar Hanibal, President at XacBank (Mongolia) will present the financial institution as a case study and Julie Abrams, Forex Risk Expert, will describe the potential foreign exchange and currency risk to financial institutions, the effects of currency fluctuation on portfolio and profit, and solutions for mitigating and reducing this risk. XacBank will highlight its approach to foreign exchange risk mitigation, from identifying the challenge to implementing an innovative solution that benefited the bank and its clients.