Mongolia - Government Financial Sector Reform Program (2000-2010) : Mid-term Review Report

In spring 2000 the Government of Mongolia adopted a Long-Term Vision and Medium Term Strategy for Financial Sector Reform and Development in 2000-2010, and implemented the Medium Term Strategy in 2001-2004 under the framework of the Bank s FSAC and...

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Bibliographic Details
Main Author: World Bank
Format: Policy Note
Language:English
en_US
Published: Washington, DC 2013
Subjects:
ADB
CDS
Online Access:http://documents.worldbank.org/curated/en/2010/12/16487723/mongolia-government-financial-sector-reform-program-2000-2010-mid-term-review-report
http://hdl.handle.net/10986/12656
id okr-10986-12656
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCESS TO FINANCE
ACCOUNTABILITY
ACCOUNTING
ADB
AFFILIATE
AGRICULTURE BANK
AUDITING
AUDITORS
AUDITS
AUTONOMY
BALANCE SHEET
BANK ASSETS
BANK BRANCH
BANK BRANCH NETWORKS
BANK EXAMINATIONS
BANK FAILURE
BANK LIQUIDITY
BANK MANAGEMENT
BANK RESTRUCTURING
BANK RUN
BANKING CRISES
BANKING LAW
BANKING LAWS
BANKING NETWORKS
BANKING REGULATION
BANKING SECTOR
BANKING SERVICES
BANKING SUPERVISION
BANKING SUPERVISION ENFORCEMENT
BANKING SYSTEM
BANKRUPTCY
BANKRUPTCY PROCEDURES
BANKS
BORROWER
BORROWING
BUSINESS PLANNING
BUSINESS RELATIONS
BUSINESS STRATEGY
CAPITAL ADEQUACY
CAPITAL BASE
CAPITAL FLOWS
CAPITAL MARKET
CAPITAL REQUIREMENTS
CDS
CENTRAL BANK FUNCTIONS
CENTRAL BANKS
CHAMBER OF COMMERCE
CLEARING HOUSE
COLLATERAL
COMMERCIAL BANKING
COMMERCIAL BANKS
CONSOLIDATED SUPERVISION
CONSOLIDATION
CONTRACT ENFORCEMENT
CREDIT CARDS
CREDIT COOPERATIVES
CREDIT INFORMATION
CREDIT INFORMATION BUREAU
CREDIT INFORMATION SYSTEM
CREDIT INSTITUTION
CREDIT INSTITUTIONS
CREDIT PROGRAM
CREDIT RATING
CREDIT RISK
CREDIT RISK MANAGEMENT
CREDIT UNIONS
CREDITORS
CURRENCY EXCHANGE
DATA RELIABILITY
DEBT
DEBT REPAYMENT
DEBTS
DEFAULTERS
DEMAND DEPOSITS
DEPOSIT
DEPOSIT ACCOUNTS
DEPOSIT PRODUCTS
DEPOSITORS
DEPOSITS
DEVELOPMENT BANK
DISINTERMEDIATION
DOUBTFUL LOANS
EARNING ASSETS
EARNINGS
ECONOMIC GROWTH
ELECTRONIC PAYMENTS
ENFORCEMENT MECHANISMS
EXCHANGE RATE
EXPENDITURES
EXTERNAL AUDITORS
FACTORING
FAMILIES
FAMILY BUSINESSES
FINANCE COMPANIES
FINANCIAL ACCOUNTING
FINANCIAL ASSETS
FINANCIAL CAPACITY
FINANCIAL CRISES
FINANCIAL DATA
FINANCIAL DEEPENING
FINANCIAL DISTRESS
FINANCIAL INSTITUTIONS
FINANCIAL INTERMEDIATION
FINANCIAL LEASING
FINANCIAL MANAGEMENT
FINANCIAL MARKETS
FINANCIAL RATIOS
FINANCIAL RESOURCES
FINANCIAL SECTOR DEVELOPMENT
FINANCIAL SECTOR REFORM
FINANCIAL SECTOR REGULATION
FINANCIAL SERVICES
FINANCIAL STABILITY
FINANCIAL STRUCTURE
FINANCIAL SYSTEM
FINANCIAL SYSTEMS
FINANCIAL TRANSACTIONS
FOREIGN CURRENCY
FOREIGN EXCHANGE
FOREIGN EXCHANGE EXPOSURE
FORM OF COLLATERAL
FORMS OF COLLATERAL
FUNDING SOURCES
GROSS PROFIT
GROUP OF BANK
HIGH INTEREST RATE
HIGH INTEREST RATES
HOUSING
IMMOVABLE PROPERTY
IMPAIRED ASSETS
INCOME STATEMENTS
INFLATION
INFORMATION TECHNOLOGY
INSTITUTIONAL CAPACITY
INSTITUTIONAL CAPACITY BUILDING
INSTITUTIONAL DEVELOPMENT
INSURANCE
INTEREST PAYMENTS
INTEREST RATE
INTEREST RATES
INTERNAL CONTROLS
INTERNATIONAL ACCOUNTING STANDARDS
LARGE CITIES
LAWS
LEGAL FRAMEWORK
LEGAL PROVISION
LEGAL PROVISIONS
LENDERS
LIABILITY MANAGEMENT
LIMITED ACCESS
LIMITED ACCESS TO FINANCE
LOAN
LOAN CATEGORIES
LOAN CLASSIFICATION
LOAN CONCENTRATIONS
LOAN PORTFOLIO
LOAN PORTFOLIO QUALITY
LOAN PORTFOLIOS
LOAN PROVISIONING
LOAN TERMS
LOCAL FINANCIAL INSTITUTIONS
LONG-TERM FUNDING
MARKET ENTRY
MARKET VALUE
MATURITIES
MICROFINANCE
MIGRANT WORKERS
NET INTEREST MARGIN
NEW BUSINESS
NOMINAL INTEREST RATE
OFFSITE SUPERVISION
OFFSITE SURVEILLANCE
ONSITE EXAMINATION
OPERATING COSTS
OPERATING EFFICIENCY
OPERATING EXPENSES
OPERATIONAL RISK
OUTREACH
PAYMENT SERVICES
PAYMENT SYSTEMS
PENALTIES
POOR CREDIT
PRIVATE INVESTMENT
PRIVATE PROPERTY
PRIVATELY HELD COMPANIES
PRIVATIZATION
PROFIT MARGIN
PROFIT MARGINS
PROFITABILITY
PROPERTY RIGHTS
PRUDENTIAL REGULATIONS
PRUDENTIAL REQUIREMENTS
PUBLIC BANK
REAL SECTOR
RECAPITALIZATION
REGISTRATION SYSTEM
REGULATORY FRAMEWORK
REGULATORY REPORTS
REINVESTMENT
REMITTANCE
REMITTANCES
REPOSSESSION
RETURN ON ASSETS
RETURN ON EQUITY
RURAL FINANCE
SAVINGS
SAVINGS PRODUCTS
SAVINGS RATE
SECURITIES
SMALL BANKS
SOLVENCY
START-UPS
STOCK MARKET
TAX INCENTIVES
TECHNICAL ASSISTANCE
TIER 1 CAPITAL
TRANSITION ECONOMIES
TREASURY BILLS
spellingShingle ACCESS TO FINANCE
ACCOUNTABILITY
ACCOUNTING
ADB
AFFILIATE
AGRICULTURE BANK
AUDITING
AUDITORS
AUDITS
AUTONOMY
BALANCE SHEET
BANK ASSETS
BANK BRANCH
BANK BRANCH NETWORKS
BANK EXAMINATIONS
BANK FAILURE
BANK LIQUIDITY
BANK MANAGEMENT
BANK RESTRUCTURING
BANK RUN
BANKING CRISES
BANKING LAW
BANKING LAWS
BANKING NETWORKS
BANKING REGULATION
BANKING SECTOR
BANKING SERVICES
BANKING SUPERVISION
BANKING SUPERVISION ENFORCEMENT
BANKING SYSTEM
BANKRUPTCY
BANKRUPTCY PROCEDURES
BANKS
BORROWER
BORROWING
BUSINESS PLANNING
BUSINESS RELATIONS
BUSINESS STRATEGY
CAPITAL ADEQUACY
CAPITAL BASE
CAPITAL FLOWS
CAPITAL MARKET
CAPITAL REQUIREMENTS
CDS
CENTRAL BANK FUNCTIONS
CENTRAL BANKS
CHAMBER OF COMMERCE
CLEARING HOUSE
COLLATERAL
COMMERCIAL BANKING
COMMERCIAL BANKS
CONSOLIDATED SUPERVISION
CONSOLIDATION
CONTRACT ENFORCEMENT
CREDIT CARDS
CREDIT COOPERATIVES
CREDIT INFORMATION
CREDIT INFORMATION BUREAU
CREDIT INFORMATION SYSTEM
CREDIT INSTITUTION
CREDIT INSTITUTIONS
CREDIT PROGRAM
CREDIT RATING
CREDIT RISK
CREDIT RISK MANAGEMENT
CREDIT UNIONS
CREDITORS
CURRENCY EXCHANGE
DATA RELIABILITY
DEBT
DEBT REPAYMENT
DEBTS
DEFAULTERS
DEMAND DEPOSITS
DEPOSIT
DEPOSIT ACCOUNTS
DEPOSIT PRODUCTS
DEPOSITORS
DEPOSITS
DEVELOPMENT BANK
DISINTERMEDIATION
DOUBTFUL LOANS
EARNING ASSETS
EARNINGS
ECONOMIC GROWTH
ELECTRONIC PAYMENTS
ENFORCEMENT MECHANISMS
EXCHANGE RATE
EXPENDITURES
EXTERNAL AUDITORS
FACTORING
FAMILIES
FAMILY BUSINESSES
FINANCE COMPANIES
FINANCIAL ACCOUNTING
FINANCIAL ASSETS
FINANCIAL CAPACITY
FINANCIAL CRISES
FINANCIAL DATA
FINANCIAL DEEPENING
FINANCIAL DISTRESS
FINANCIAL INSTITUTIONS
FINANCIAL INTERMEDIATION
FINANCIAL LEASING
FINANCIAL MANAGEMENT
FINANCIAL MARKETS
FINANCIAL RATIOS
FINANCIAL RESOURCES
FINANCIAL SECTOR DEVELOPMENT
FINANCIAL SECTOR REFORM
FINANCIAL SECTOR REGULATION
FINANCIAL SERVICES
FINANCIAL STABILITY
FINANCIAL STRUCTURE
FINANCIAL SYSTEM
FINANCIAL SYSTEMS
FINANCIAL TRANSACTIONS
FOREIGN CURRENCY
FOREIGN EXCHANGE
FOREIGN EXCHANGE EXPOSURE
FORM OF COLLATERAL
FORMS OF COLLATERAL
FUNDING SOURCES
GROSS PROFIT
GROUP OF BANK
HIGH INTEREST RATE
HIGH INTEREST RATES
HOUSING
IMMOVABLE PROPERTY
IMPAIRED ASSETS
INCOME STATEMENTS
INFLATION
INFORMATION TECHNOLOGY
INSTITUTIONAL CAPACITY
INSTITUTIONAL CAPACITY BUILDING
INSTITUTIONAL DEVELOPMENT
INSURANCE
INTEREST PAYMENTS
INTEREST RATE
INTEREST RATES
INTERNAL CONTROLS
INTERNATIONAL ACCOUNTING STANDARDS
LARGE CITIES
LAWS
LEGAL FRAMEWORK
LEGAL PROVISION
LEGAL PROVISIONS
LENDERS
LIABILITY MANAGEMENT
LIMITED ACCESS
LIMITED ACCESS TO FINANCE
LOAN
LOAN CATEGORIES
LOAN CLASSIFICATION
LOAN CONCENTRATIONS
LOAN PORTFOLIO
LOAN PORTFOLIO QUALITY
LOAN PORTFOLIOS
LOAN PROVISIONING
LOAN TERMS
LOCAL FINANCIAL INSTITUTIONS
LONG-TERM FUNDING
MARKET ENTRY
MARKET VALUE
MATURITIES
MICROFINANCE
MIGRANT WORKERS
NET INTEREST MARGIN
NEW BUSINESS
NOMINAL INTEREST RATE
OFFSITE SUPERVISION
OFFSITE SURVEILLANCE
ONSITE EXAMINATION
OPERATING COSTS
OPERATING EFFICIENCY
OPERATING EXPENSES
OPERATIONAL RISK
OUTREACH
PAYMENT SERVICES
PAYMENT SYSTEMS
PENALTIES
POOR CREDIT
PRIVATE INVESTMENT
PRIVATE PROPERTY
PRIVATELY HELD COMPANIES
PRIVATIZATION
PROFIT MARGIN
PROFIT MARGINS
PROFITABILITY
PROPERTY RIGHTS
PRUDENTIAL REGULATIONS
PRUDENTIAL REQUIREMENTS
PUBLIC BANK
REAL SECTOR
RECAPITALIZATION
REGISTRATION SYSTEM
REGULATORY FRAMEWORK
REGULATORY REPORTS
REINVESTMENT
REMITTANCE
REMITTANCES
REPOSSESSION
RETURN ON ASSETS
RETURN ON EQUITY
RURAL FINANCE
SAVINGS
SAVINGS PRODUCTS
SAVINGS RATE
SECURITIES
SMALL BANKS
SOLVENCY
START-UPS
STOCK MARKET
TAX INCENTIVES
TECHNICAL ASSISTANCE
TIER 1 CAPITAL
TRANSITION ECONOMIES
TREASURY BILLS
World Bank
Mongolia - Government Financial Sector Reform Program (2000-2010) : Mid-term Review Report
geographic_facet East Asia and Pacific
Mongolia
description In spring 2000 the Government of Mongolia adopted a Long-Term Vision and Medium Term Strategy for Financial Sector Reform and Development in 2000-2010, and implemented the Medium Term Strategy in 2001-2004 under the framework of the Bank s FSAC and ADB s FSPL II. In 2004-2005, a Bank team carried out a series of reviews to take stock of the progress made, and identify the remaining as well as emerging challenges. The reviews enjoyed support and coordination from the Ministry of Finance, the Bank of Mongolia and various financial institutions in Mongolia. The data used for the reviews were mainly those at the end of 2004, some were as recent as June 2005 and beyond. The main findings and recommendations of the reviews are summarized in this report, which serves as an Issues Paper for Bank management and staff working on or interested in Mongolia.
format Economic & Sector Work :: Policy Note
author World Bank
author_facet World Bank
author_sort World Bank
title Mongolia - Government Financial Sector Reform Program (2000-2010) : Mid-term Review Report
title_short Mongolia - Government Financial Sector Reform Program (2000-2010) : Mid-term Review Report
title_full Mongolia - Government Financial Sector Reform Program (2000-2010) : Mid-term Review Report
title_fullStr Mongolia - Government Financial Sector Reform Program (2000-2010) : Mid-term Review Report
title_full_unstemmed Mongolia - Government Financial Sector Reform Program (2000-2010) : Mid-term Review Report
title_sort mongolia - government financial sector reform program (2000-2010) : mid-term review report
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2010/12/16487723/mongolia-government-financial-sector-reform-program-2000-2010-mid-term-review-report
http://hdl.handle.net/10986/12656
_version_ 1764421966757888000
spelling okr-10986-126562021-04-23T14:03:05Z Mongolia - Government Financial Sector Reform Program (2000-2010) : Mid-term Review Report World Bank ACCESS TO FINANCE ACCOUNTABILITY ACCOUNTING ADB AFFILIATE AGRICULTURE BANK AUDITING AUDITORS AUDITS AUTONOMY BALANCE SHEET BANK ASSETS BANK BRANCH BANK BRANCH NETWORKS BANK EXAMINATIONS BANK FAILURE BANK LIQUIDITY BANK MANAGEMENT BANK RESTRUCTURING BANK RUN BANKING CRISES BANKING LAW BANKING LAWS BANKING NETWORKS BANKING REGULATION BANKING SECTOR BANKING SERVICES BANKING SUPERVISION BANKING SUPERVISION ENFORCEMENT BANKING SYSTEM BANKRUPTCY BANKRUPTCY PROCEDURES BANKS BORROWER BORROWING BUSINESS PLANNING BUSINESS RELATIONS BUSINESS STRATEGY CAPITAL ADEQUACY CAPITAL BASE CAPITAL FLOWS CAPITAL MARKET CAPITAL REQUIREMENTS CDS CENTRAL BANK FUNCTIONS CENTRAL BANKS CHAMBER OF COMMERCE CLEARING HOUSE COLLATERAL COMMERCIAL BANKING COMMERCIAL BANKS CONSOLIDATED SUPERVISION CONSOLIDATION CONTRACT ENFORCEMENT CREDIT CARDS CREDIT COOPERATIVES CREDIT INFORMATION CREDIT INFORMATION BUREAU CREDIT INFORMATION SYSTEM CREDIT INSTITUTION CREDIT INSTITUTIONS CREDIT PROGRAM CREDIT RATING CREDIT RISK CREDIT RISK MANAGEMENT CREDIT UNIONS CREDITORS CURRENCY EXCHANGE DATA RELIABILITY DEBT DEBT REPAYMENT DEBTS DEFAULTERS DEMAND DEPOSITS DEPOSIT DEPOSIT ACCOUNTS DEPOSIT PRODUCTS DEPOSITORS DEPOSITS DEVELOPMENT BANK DISINTERMEDIATION DOUBTFUL LOANS EARNING ASSETS EARNINGS ECONOMIC GROWTH ELECTRONIC PAYMENTS ENFORCEMENT MECHANISMS EXCHANGE RATE EXPENDITURES EXTERNAL AUDITORS FACTORING FAMILIES FAMILY BUSINESSES FINANCE COMPANIES FINANCIAL ACCOUNTING FINANCIAL ASSETS FINANCIAL CAPACITY FINANCIAL CRISES FINANCIAL DATA FINANCIAL DEEPENING FINANCIAL DISTRESS FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIATION FINANCIAL LEASING FINANCIAL MANAGEMENT FINANCIAL MARKETS FINANCIAL RATIOS FINANCIAL RESOURCES FINANCIAL SECTOR DEVELOPMENT FINANCIAL SECTOR REFORM FINANCIAL SECTOR REGULATION FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL STRUCTURE FINANCIAL SYSTEM FINANCIAL SYSTEMS FINANCIAL TRANSACTIONS FOREIGN CURRENCY FOREIGN EXCHANGE FOREIGN EXCHANGE EXPOSURE FORM OF COLLATERAL FORMS OF COLLATERAL FUNDING SOURCES GROSS PROFIT GROUP OF BANK HIGH INTEREST RATE HIGH INTEREST RATES HOUSING IMMOVABLE PROPERTY IMPAIRED ASSETS INCOME STATEMENTS INFLATION INFORMATION TECHNOLOGY INSTITUTIONAL CAPACITY INSTITUTIONAL CAPACITY BUILDING INSTITUTIONAL DEVELOPMENT INSURANCE INTEREST PAYMENTS INTEREST RATE INTEREST RATES INTERNAL CONTROLS INTERNATIONAL ACCOUNTING STANDARDS LARGE CITIES LAWS LEGAL FRAMEWORK LEGAL PROVISION LEGAL PROVISIONS LENDERS LIABILITY MANAGEMENT LIMITED ACCESS LIMITED ACCESS TO FINANCE LOAN LOAN CATEGORIES LOAN CLASSIFICATION LOAN CONCENTRATIONS LOAN PORTFOLIO LOAN PORTFOLIO QUALITY LOAN PORTFOLIOS LOAN PROVISIONING LOAN TERMS LOCAL FINANCIAL INSTITUTIONS LONG-TERM FUNDING MARKET ENTRY MARKET VALUE MATURITIES MICROFINANCE MIGRANT WORKERS NET INTEREST MARGIN NEW BUSINESS NOMINAL INTEREST RATE OFFSITE SUPERVISION OFFSITE SURVEILLANCE ONSITE EXAMINATION OPERATING COSTS OPERATING EFFICIENCY OPERATING EXPENSES OPERATIONAL RISK OUTREACH PAYMENT SERVICES PAYMENT SYSTEMS PENALTIES POOR CREDIT PRIVATE INVESTMENT PRIVATE PROPERTY PRIVATELY HELD COMPANIES PRIVATIZATION PROFIT MARGIN PROFIT MARGINS PROFITABILITY PROPERTY RIGHTS PRUDENTIAL REGULATIONS PRUDENTIAL REQUIREMENTS PUBLIC BANK REAL SECTOR RECAPITALIZATION REGISTRATION SYSTEM REGULATORY FRAMEWORK REGULATORY REPORTS REINVESTMENT REMITTANCE REMITTANCES REPOSSESSION RETURN ON ASSETS RETURN ON EQUITY RURAL FINANCE SAVINGS SAVINGS PRODUCTS SAVINGS RATE SECURITIES SMALL BANKS SOLVENCY START-UPS STOCK MARKET TAX INCENTIVES TECHNICAL ASSISTANCE TIER 1 CAPITAL TRANSITION ECONOMIES TREASURY BILLS In spring 2000 the Government of Mongolia adopted a Long-Term Vision and Medium Term Strategy for Financial Sector Reform and Development in 2000-2010, and implemented the Medium Term Strategy in 2001-2004 under the framework of the Bank s FSAC and ADB s FSPL II. In 2004-2005, a Bank team carried out a series of reviews to take stock of the progress made, and identify the remaining as well as emerging challenges. The reviews enjoyed support and coordination from the Ministry of Finance, the Bank of Mongolia and various financial institutions in Mongolia. The data used for the reviews were mainly those at the end of 2004, some were as recent as June 2005 and beyond. The main findings and recommendations of the reviews are summarized in this report, which serves as an Issues Paper for Bank management and staff working on or interested in Mongolia. 2013-03-12T16:38:19Z 2013-03-12T16:38:19Z 2006 http://documents.worldbank.org/curated/en/2010/12/16487723/mongolia-government-financial-sector-reform-program-2000-2010-mid-term-review-report http://hdl.handle.net/10986/12656 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Policy Note Economic & Sector Work East Asia and Pacific Mongolia