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The number of account holders reached 2.4 million people www.news.mn
A total of 595 organizations operated on the securities market in 2022, and the number of account holders reached 2.4 million people.
The report of the Financial Regulatory Commission for 2022 was published, which shows that the total volume of securities trading decreased by 2.4 times compared to last year and reached MNT 59 billion. However, the market value increased by 15.2 percent, while the TOP-20 index decreased by 6,846.1 points.
Some 47 legal entities and 465 individuals traded in precious metals, precious stones and their products. They sold precious metals for MNT 67 billion and purchased precious metals for MNT 700 billion.
In addition, information on non-bank financial institutions (NBFIs) was included in the compilation. There were 513 NBFIs operating last year, with the number of their clients decreasing by 3.9 percent compared to the previous year, and 94.2 percent of all clients were fintech clients.
The number of lenders decreased by 29.2 percent, with fintech borrowers accounting for 78.8 percent.
The number of savings and credit cooperatives decreased by 13 compared to last year. The number of members decreased by 5 percent. The total assets of savings and credit cooperatives also decreased by 8.1 percent in 2022 compared to the previous year.
There were 305 real estate brokerage companies that operated under a special license and purchased real estate worth MNT 1.7 trillion in about 9,000 transactions.
Published Date:2023-04-12
