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

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  • 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.

Suggested Citation

  • International Monetary Fund, 2008. "Mongolia: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision and Monetary Policy Transparency," IMF Staff Country Reports 2008/300, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2008/300
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    Cited by:

    1. Glen Gauci & Simon Grima, 2020. "The Impact of Regulatory Pressures on Governance on the Performance of Public Banks’ with a European Mediterranean Region Connection," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 360-387.

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