Banking Competition Review 1Q, 2017

We released Banking Competition Reveiw 1Q, 2017 in English. 14 commercial banks are operating in Mongolia as of 1Q, 2017. Khan, TDB, Golomt, Xacbank, State Bank, Ulaanbaatar City Bank are systematically important banks according to the Bank of Mongolia. These banks account for more than 90 percent of the banking system in terms of assets. Quarterly financial reports of banks and reports of Bank of Mongolia were used in this report.

You can download the review from the below link:
Banking Competition Review 1Q, 2017