Latest articles from Mongolia

Bolor Munkhsaikhan teaser

Mongolia's flat economy leaves stock exchange in sleep mode

October 3, 2016

As Mongolia's economy slows, the chief executive of its stock market, Bolor Munkhsaikhan, tells Stefania Palma about efforts to deepen local capital markets to help hedge against a volatile currency and to diversify corporate borrowing away from bank loans.

Khan Bank teaser

Mongolia's banks stand strong amid economic turmoil

October 3, 2016

Mongolia's floundering economy is hitting the country's banks' growth, profits and asset quality. However, unlike previous such crises the lenders are coping well thanks in no small part to their impressive capitalisation. Stefania Palma reports.

Rio Tinto Mongolia teaser

Can Mongolia break out of its boom and bust cycle?

October 3, 2016

While it appears likely that Mongolia will need another IMF bailout, hopes are high that the newly elected MPP government's austerity package could introduce the transparency and fiscal reforms necessary to stabilise the economy for good. Stefania Palma reports.

Khurelbaatar Bulgantuya tesser

Mongolia's deputy finance minister adjusts to life in the fast lane

October 3, 2016

Mongolia's recently elected deputy finance minister, Khurelbaatar Bulgantuya, tells Stefania Palma how the country will finance a $2bn budget deficit before the end of the year.

Takehiko Nakao

ADB president confident of Asia's continued ascent

April 1, 2016

Ahead of the 2016 Asian Development Bank annual meeting in Frankfurt, the president of the ADB discusses China’s slowdown and reform agenda while underscoring that other parts of Asia – such as India – are still growing strongly. Interview by Stefania Palma.

Banks race to keep pace with Mongolias growth

Banks race to keep pace with Mongolia’s growth

April 2, 2012

Mongolia’s mining industry is driving the economy’s rapid expansion and bringing challenges for local banks, which are scrambling to keep up with such dramatic rates of growth.

The Russians are coming

September 3, 2007

Chingis Gombosuren in Ulaanbaatar reports on Russian oligarchs’ sudden appetite for Mongolian banks.

What the bankers say: Mongolia

January 2, 2006

The Banker invites CEOs from around the world to discuss the economic climate in their country and institution, and their hopes for the future

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