Over 500 non-banking financial institutions active in Mongolia - News.MN

Over 500 non-banking financial institutions active in Mongolia

Old News! Published on: 2018.05.31

Over 500 non-banking financial institutions active in Mongolia

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As of the first quarter of 2018, over 500 non-banking financial institutions (NBFI) and their 177 branches are reported to be active in Mongolia across the 21 provinces. According to the Mongolian Financial Regulatory Commission, over 2500 people are working in such institutions.

In total, 461 NBFI and 124 branches are located in Ulaanbaatar with 76 institutions and 53 branches in the provinces.

Statistics show that, 49 percent of consumers are women and 50.9 percent are men.

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