Mongolia

Small Firms With Bank Credit

26.8

percent of all small firms

Global Ranking

71

72

Central African Republic27.7

73

74

74

76

76

78

79

Fiji25.7

80

81

Asia Ranking

3

4

5

6

7

8

9

10

Philippines22.6

11

Laos20.1

12

13

News

IFC Invests in Mongolia's First Social Bond to Boost Sustainable Development, Create Jobs
International Finance Corporation (IFC)Tuesday, July 9, 2024
IFC provides $30M to M bank to increase digital lending for women and small businesses in Mongolia
TechNode GlobalFriday, May 10, 2024
ADB, Bogd Bank Partner to Provide Green Financing for Women-Owned MSMEs in Mongolia
Asian Development BankFriday, June 28, 2024
Trade and Development Bank of Mongolia Successfully Secures Long-Term Financing from U.S. International Development Finance Corporation
MontsameWednesday, October 16, 2024
International Finance Corporation to support small and medium businesses in Mongolia
AKIpressThursday, May 9, 2024
Mongolia Jobs Diagnostic: More Vibrant and Inclusive Labor Markets for Economic Recovery and Diversification
World Bank GroupMonday, December 12, 2022
Saison Investment Management steps into Mongolia | by Norbert Gehrke | Tokyo FinTech
MediumMonday, July 15, 2024
Successful Efforts to Improve Credit Access for SMEs in Mongolia
The Borgen ProjectTuesday, February 27, 2018
Agriculture
Millennium Challenge CorporationMonday, December 18, 2023
Asiamoney Mongolia: SMEs take centre stage
Euromoney magazineWednesday, January 15, 2020

Definition of Small Firms With Bank Credit

Percentage of small firms (5-19 workers) in the formal sector with a line of credit or a loan from a (formal) financial institution, such as a bank, credit union, microfinance institution, or cooperative.

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