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Microfinance in Mongolia
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Microfinance in Mongolia
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How to develop a microfinance sub-sector in Mongolia?
It has to build a capacity of Credit unions and Nonbank financial institutions.
It has to establish a cooperative bank.
Government has to pay attention into microfinance sub-sector.
Commercial banks have to run in microfinance sub-sector.
It has to develop laws, regulations and policies of microfinance sub-sector.
Financial Regulatory Commission has to build a regulatory framework.
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