More mortgage for families of average income - News.MN

More mortgage for families of average income

Old News! Published on: 2012.08.10

More mortgage for families of average income

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Г. Нэргүй
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According to the Mongolbank citizen’s savings is estimated MNT
3.4 trillion by second quarter of this year. Most of families, 715 thousand
families has average MNT 2.5 million (US$2000) savings while 27 thousand
families has savings up to MNT 54 million.

The Mongolbank figures shows one family from 37 has mortgage.
Last two-three years apartment price increased up and number of people who
applying for mortgage is decreased while families of high income buying second
and third apartments. Therefore the Mongolbank advice to encourage mortgage for
families of average income.   

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