Banking sector in figures

Ulaanbaatar /MONTSAME/ According to a report of the Bank of Mongolia, money supply (broad money or M2) reached MNT 11.5 trilion at the end of October 2016, which increased by MNT 54.0 billion (0.5%) compared to the previous month and by MNT 1603.8 billion (16.2 %) against the previous month. At the end of October 2016, currency issued in circulation reached MNT 806.5 billion, which represents an increase of MNT 10.7 billion (1.3%) against the previous month and by MNT 66.7 billion (9.0 %) compared to the same period in 2015. Loans outstanding amounted to MNT 12.5 trillion at end of October 2016, which decreased by MNT 6.4 billion (0.1%) from the previous month and increased by MNT 565.5 billion (4.7%) compared to the same period in 2015. Principals in arrears reached MNT 886.7 billion at the end of October 2016, increased by MNT 97.6 billion (12.4 %) against the previous month and by MNT 25.9 billion (3.0 %) compared to the same period of last year. At the end of October 2016, the non-performing loans over the bank system totaled to MNT 1136.1 billion, which increased by MNT 16.9 billion (1.5 %) from the previous month and by MNT 265.0 billion (30.4%) compared to the same period of the previous year.