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Mongolia

No Open Banking

The world’s most sparsely populated sovereign nation, Mongolia is in East Asia.

A graphic image showing world countries and border lines in different shades of blue, Mongolia is made prominent being filled in orange colour.

84% of Mongolians have access to the internet.

98% of Mongolians have bank accounts.

The Mongolian Fintech Association (MFA) was founded in 2019.

Mongolia ranked 108th out of 134 countries in Wiley’s Digital Skills Gap Index (DSGI) 2021.

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