Principals in arrears decreased by MNT 24.8 billion from previous year

Economy
unurzul@montsame.gov.mn
2020-01-20 10:49:39

Ulaanbaatar/MONTSAME/. In the end of December 2019, the amount of outstanding loan to entities, enterprises and citizens amounted to MNT 18.1 trillion, showing an increase of MNT 870.4 billion (5.1%) from the same period of previous year.

 

The total outstanding loan shows that it’s MNT 9.4 trillion (52.1%) was individual’s loan, MNT 8.7 trillion (47.9%) was enterprise’s loan.

 

At the end of December 2019, the standard loans amounted to MNT 15.4 trillion, showing an increase of MNT 164.7 billion (1.1%) from the previous month and MNT 854.6 billion (5.9%) from the previous year. The standard loans make up to 85.4% of total loans, showing an increase of 0.7 points from previous year.

 

At the end of December 2019, the principals in arrears amounted MNT 824.0 billion, showing a decrease of MNT 144.5 billion (14.9%) from the previous month and MNT 24.8 billion (2.9%) from the previous year. The principals in arrears make up to 4.6% of total loans, showing a decrease of 0.7 points from the previous month and 0.3 points from the end of the previous year.

 

At the end of December 2019, the non-performing loans in banking system amounted to MNT 1.8 trillion, decreased by MNT 92.9 billion (4.8%) from the previous month, while it is showing an increase of MNT 40.6 billion (2.3%) from the end of the previous year. The non-performing loans in the banking system make up to 10.1% of total loans, showing a decrease of 0.5 points from the previous month and 0.3 points from the end of the previous year.

 

 

 

Source: National Statistics Office of Mongolia