Non-Bank Financial institutions

As of 2019, 538 NBFIs operated under license by FRC. Of these, 74 (13.8%) operated in rural areas and 464 (86.2%) in Ulaanbaatar.

 

NBFIs SECTOR INDICATORS

  • NBFIs: 538
  • Total assets: MNT 1.7 trillion
  • Total loans: MNT 1.2 trillion
  • Annual weighted average interest rate: 3.0 %
  • Borrowers: 419,900
  • Non-performing loan: 8.5 %

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