The level of overdue loans and owed interest in the Mongolian banking system rose by MNT 120 billion to 6.7 percent of the total loan portfolio in the first quarter of 2020. The large sum of the outstanding loan stock is owed primarily by the process plant, construction and mining exploration sectors.  According to reports by the Central Bank of Mongolia, the stockpile of poor-quality loans decreased by MNT 9 billion to 10.7 percent of the total loan portfolio in April from the previous month.

Loan demand among the Mongolian public is decreasing amid the coronavirus outbreak; commercial banks raised their qualifications of loan issue.

Subsequently, the Central Bank of Mongolia has begun postponing loans owed by lenders who have suffered financially due to coronavirus: 6596 of them have applied to postpone loans on average for 6.2 months. Furthermore, 90.4 percent of all credits are salary loans.