Bank loans rise year on year - News.MN

Bank loans rise year on year

Old News! Published on: 2010.07.29

Bank loans rise year on year

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The Central Bank reports that money
supply (broad money or M2) at the end of June was 8.3 percent more than at the
end of May 2010, and 44.5 percent more than at the end of June, 2009.


Currency issued in circulation was 3.3 percent less than at the end of May, but
25.1 percent more than at the end of June, 2009.


The volume of loans outstanding at the end of June was 1.0 percent more than at
the end of May, and 12.6 percent more than at the end of June, 2009. Principals
in arrears fell 11.6 percent from the end of May, and 25.9 percent from the end
of June, 2009. Total non-performing loans stood at 2.9 percent less than at the
end of May, but 35.2 percent more than at the end of June, 2009.

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