Banking sector update in lines

Aug 23 • Banking, News • 530 Views • No Comments on Banking sector update in lines

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Saving size has increased

As of July 2010, total size of saving deposit at commercial banks has increased by 25% or ₮400 billion comparing the same period of the previous year, reaching ₮2.1 trillion. 43% of total saving is deposited in US$.

Thanks to warming of the economic situation in Mongolia, commercial banks are in the race of releasing loan to private sector.

Unhealthy loan size has decreased

14% of total loan in the banking system is categorized as “unhealthy” and it was 20% in the last year. If dilute Anod and Zoos banks’ loan from this statistics, it could decrease down to 9% only.

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