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TOTAL OUTSTANDING LOANS REACHED MNT 17 TRILLION

 It was reported during the press conference of the Bank of Mongolia held on January 29 that the total outstanding loans reached MNT 17 trillion as of the end of last year.

Of the total outstanding loans, MNT 8.5 trillion were individuals’ loans, while MNT 7.9 trillion were corporate loans. 11.8 percent of total loans were overdue and 7.4 percent were non-performing loans.

 

 

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