Transformation of the banking system of Mongolia under conditions of globalization
This paper analyzes and evaluates the major quantitative indicators of the Mongolian banking system development as well as its functioning during the global financial crisis and the post-crisis period (2008-2015). The research focuses on the dynamics of the banking system, its role in the financial sector of the Mongolian economy, the resource base development, and issues specific to the period under consideration. The study identified the need to strengthen the state regulation of the banking system at the current stage of development. Possible forms and methods of increasing the regulatory impact have been proposed.