Non-performing loans decreased 20.6% year-on-year

Ulaanbaatar, Mongolia, June 12 /MONTSAME/ According to a report of the Bank of Mongolia, money supply (broad money or M2) at the end of May 2012, reached MNT 6729.6 billion, increasing by of MNT 366.7 billion or 5.8 per cent against the previous month, andincreasing by MNT 1300.7 billion or 24.0 per cent against the previous year.

At the end of May 2012, currency issued in circulation reached MNT 782.9 billion, increasing by MNT 74.0 billion or 10.4 per cent against the previous month, and increasing by MNT 158.1 billion or 25.3 per cent compared to same period of the previous year.

Loans outstanding at the end of May, amounted to MNT 6121.2 billion went up by MNT 185.2 billion or 3.1 per cent against the previous month, and went up by MNT 1874.4 billion or 44.1 per cent against the previous year. Principals in arrears at the end of May reached MNT 60.1 billion, decreasing by MNT 11.1 billion or 15.6 per cent against the previous month, decreasing by MNT 15.7 billion or 20.7 per cent against the previous year.

At the end of May, the non-performing loans over the bank system reached MNT 315.7 billion, showing decreases of MNT 0.9 billion or 0.3 per cent against the previous month, of MNT 81.9 billion or 20.6 per cent against the previous year.

In May of this year, 11.3 million shares costing MNT 4.7 billion were traded in 23 trading days.

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