Mongolia: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision and Monetary Policy Transparency

International Monetary Fund

No 2008/300, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper presents Mongolia’s Financial System Stability Assessment, including reports on the Observance of Standards and Code. The Mongolian financial system is developing and performing well, in line with the economy as a whole, but faces a number of challenges. There are signs that the economy is overheating and the country’s dependence on a relatively narrow range of commodity exports and the rapid credit growth are also sources of risk. Although the bank supervision framework is reasonably well developed, implementation needs to be strengthened.

Keywords: ISCR; CR; bank; asset; BOM; price; mortgage market; development bank; mortgage portfolio; return on equity; market share; mortgage lending; performing bank; draft mortgage securitization law; BOM law amendment; bank assets; BOM management; credit risk; Mortgages; Commercial banks; Capital markets; Loans; Financial sector development; Global (search for similar items in EconPapers)
Pages: 46
Date: 2008-09-12
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=22355 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2008/300

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().