Hidden Bibliographic Details
| Varying Form of Title: | Mongolia, financial system stability assessment
|
|---|
| Other authors / contributors: | International Monetary Fund. Monetary and Capital Markets Department.
International Monetary Fund. Asia and Pacific Department.
|
|---|
| ISBN: | 9781462336463
1462336469
1455255351
9781455255351
9781455275519
1455275514
|
|---|
| Notes: | Online resource; title from PDF title page (IMF Web site, viewed August 19, 2011).
|
|---|
| Summary: | The Mongolian financial system is dominated by commercial banks. The nonbank financial sector, including insurance and the stock market, is small. The current level of dollarization exposes Mongolia's financial system to risk. The authorities are in the process of establishing the Development Bank of Mongolia as a state-owned limited liability company. They should carefully consider the options for financing the Development Bank and their budget and other implications. Aggregate financial soundness indicators for the banking system show a partial recovery from the crisis.
|
|---|
