Amount of unqualified loans triples - News.MN

Amount of unqualified loans triples

Old News! Published on: 2015.10.23

Amount of unqualified loans triples

Avatar
Uncategorized

According to the National Statistic Office, the supply of money has reduced by 1.3% on the previous year and reached MNT 9,938 trillion. Tugrik savings represents 52.1%, and currency savings 21%, currency accounts 10.4% and tugrik accounts 12% of the total money supply.

The total amount of all savings reached MNT 7, 828 trillion, which is an increase of 4.4% on 2014.

The loan payment is expected to run on and unqualified loans are increasing. The amount of unqualified loans has tripled over the last year and now stands at MNT 828.6 billion.  

 

For your Reactions?
0
HeartHeart
0
HahaHaha
0
LoveLove
0
WowWow
0
YayYay
0
SadSad
0
PoopPoop
0
AngryAngry
Voted Thanks!