Business details

HS Holdings

Investment in overseas banks

HS Holdings Co., Ltd. is a holding company of which the largest shareholder as of 2022 is Junichi Hattori, Chairman of the Board of Directors of WAYO Co., Ltd.

HS Holdings Co., Ltd. is the main shareholder in Mongolia’s largest retail bank (for individuals and SMEs) Khan Bank LLC, Kyrgyzstan’s OJSC Kyrgyzkommertsbank, and Russia’s JSC Solid Bank. With more than 550 branches, Khan Bank is extremely well known in Mongolia and enjoys a high level of trust, and provides a major advantage to the Wayo Group in terms of the development and expansion of business in Mongolia.

Chart showing thd voting rigts/Ownership ratio of HS Holdings. 49% of KHAN BANK LLC. 52% of OSJC Kyrgyzkommertsbank. 46% of JSC Solid Bank.
As of October 2023