Banks fulfilled mortgage payment deferral requests from 57,456 borrowers
With a view to alleviate financial hardship posed by COVID-19 pandemic on businesses and individuals, who have been falling behind their loan due, the government of Mongolia together with the Bank of Mongolia and commercial banks decided to make deferrals on consumer and mortgage loan repayment and their interests from April 2020 until October 2020 and then again from November 2020 to July 2021.
1215 days