Хураангуй:
Mongolia has a total of 13 commercial banks, which for 94.5% of the market
share of the financial market. In this market, banks are always competing to attract deposits or
raise funds. The study looked at how Mongolian commercial banks compete for funding, what
macro- and micro-environmental factors influence fundraising, and what terms of deposit
service customers use. In the case of Mongolia, the banking market is an oligopolistic market
participant, but the deposit market is a monopoly market participant. Macroeconomic factors
include the yuan's exchange rate, policy rate, money supply, gross domestic product, income,
and population, while inflation and the dollar exchange rate reduce savings. Among the microenvironmental factors, interest rates on time and demand deposits and the number of customers
increase the number of deposits, while owners' equity reduces the number of deposits.
