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Mongolia to audit commercial banks’ assets
16:06, 22 March 2017, 1371

AKIPRESS.COM - As part of implementation of the Extended Fund Facility (EFF) of the International Monetary Fund (IMF), Mongolia is planning to audit the financial assets of its commercial banks, reports news.mn.

A leading international company will undertake this task. According to the plan, the task of evaluating the value of the commercial banks' assets will be finished by end of the year.

Depending on the results of the audit, Mongolia will decide what can be done to improve its banking sector.

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