NATIONAL CURRENCY IN CIRCULATION REACHES MNT937.6 BILLION

Ulaanbaatar/MONTSAME/ The money supply (broad money or M2) reached MNT 16.2 trillion at the end of April 2018, showing an increase of MNT 150.0 billion (0.9%) from the previous month and by MNT 3.8 trillion (30.1%) from the same period of the previous year. At the end of April 2018, the national currency in circulation reached MNT 937.6 billion, increased by MNT 97.1 billion (11.6%) from the previous month and by MNT 103.4 billion (12.4%) from the same period of the previous year. At the end of April 2018, the amount of outstanding loan to entities, enterprises and citizens amounted MNT 14.5 trillion, increased by MNT 322.8 billion (2.3%) from the previous month and by MNT 1.7 trillion (13.7%) from the same period of the previous year. At the end of April 2018, the principals in arrears amounted MNT 979.2 billion, increased by MNT 43.3 billion (4.6%) from the previous month while it decreased by MNT 30.1 billion (3.0%) from the same period of the previous year. The principals in arrears makes up to 6.8% of total loans, showing a increase of 0.2 points from the previous month while it decreased by 1.1 points from the same period of the previous year. At the end of April 2018, the non-performing loans at the level of the bank system amounted MNT 1.2 trillion, decreased by MNT 27.0 billion (2.2%) from the previous month, while it increased by MNT 117.6 billion (10.8%) from the same period of the previous year. The non-performing loans at the level of the bank makes up to 8.3% of total loans, showing a decrease of 0.4 points from the previous month and by 0.3 points from the same period of the previous year. Source: National Statistical Office