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Bank of Mongolia reports

Ulaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) has reported that money supply (M2) reached MNT 10.1 trillion at the end of December 2015, showing an increase of MNT 241.1 billion or 2.5% from the previous month and a decrease of MNT 585.6 billion or 5.5% compared to the previous year.

At the end of December 2015, currency issued in circulation reached MNT 706.7 billion, decreasing by MNT 3.9 billion or 0.5% against the previous month and by MNT 103.0 billion or 12.7% against the previous year.

Loans outstanding amounted to MNT 11.7 trillion at the end of December 2015, decreasing by MNT 193.5 billion or 1.6% against November, by MNT 806.8 billion or 6.5% against 2014.

Principals in arrears reached MNT 861.2 billion at the end of December 2015, decreasing by MNT 38.3 billion or 4.3% against November of 2015 and increasing by MNT 591.7 billion or 3.2 times against 2014.

At the end of December 2015, the non-performing loans over the bank system reached MNT 824.9 billion, showing a decrease of MNT 24.9 billion or 2.9% against the previous month and an increase of MNT 199.3 billion or 31.8% compared to the previous year.

In 2015, 41.7 million shares were traded at the Mongolian Stock Exchange, valuing at MNT 898.6 billion. Total turnover increased by MNT 702.3 billion or 4.6 times and total number of stocks decreased by MNT 10.6 million units or 20.2% against the previous year.

Source: montsame.mn