MICC is pleased to present a comparative analysis of the five systemically important banks (SIBs) listed in Tier I of the Mongolian Stock Exchange: Khan Bank, XacBank, Golomt Bank, Trade and Development Bank, and State Bank as part of our latest equity research. At present, the banking sector accounts for 82.4% of the total assets of the financial sector and 5.5% of Mongolia’s GDP. These SIBs demonstrate a high level of concentration, collectively holding approximately 86% of the sector’s total assets

Full equity research available on Capital IQ (S&P Global Market Intelligence). For more info, contact MICC: brokerage@micc.mn | (+976) 7011-2023.