Ulaanbaatar
Non-performing loans increased
EconomyUlaanbaatar /MONTSAME/ At the end of January 2017, the non-performing loans at the level of the bank system reached MNT 1056.2 billion, up by MNT 4.5 billion (0.4 %) from the previous month and by MNT162.2 billion (18.1%) compared to the same period in 2016.
Money supply (broad money or M2) reached MNT 11.9 trillion at the end of January in 2017, which decreased by MNT 203.0 billion (1.7%) from the previous month and increased by MNT2024.0 billion (20.5 %) compared with the same period in 2016, according to a report of the Bank of Mongolia.
At the end of January 2017, currency issued in circulation reached MNT 736.1 billion, down by MNT 87.6 billion (10.6%) from the previous month and up by MNT 22.3 billion (3.1 %) compared to the same period in 2016.
Loans outstanding amounted to MNT12.4 trillion at the end of January 2017, down by MNT 42.7 billion (0.3%) from the previous month and up by MNT 590.2 billion (5.0%) compared to the same period in 2016.
Principals in arrears reached MNT 945.7 billion at the end of January 2017, up by MNT41.4 billion (4.6 %) from the previous month and MNT 6.9 billion (0.7 %) compared to the same period in 2016.
In January 2017, 26.0 million pieces securities were traded valued at MNT 37.7 billion in the stock market, down by MNT 112.4 billion (74.9%) from the previous month and up by 5.6 billion (17.6%) compared with same period of the previous year. The traded shares were down by 12.3 million pieces (32.2%) from the previous month and 8. million pieces (25.0%) compared with same period of the previous year.
Source: National Statistics Office
