BANK OF MONGOLIA REPORTS

Ulaanbaatar, Mongolia, /MONTSAME/ According the Bank of Mongolia, a money supply (broad money or M2) at the end of September 2011 reached MNT 6,063.9 billion, increasing MNT 150.7 billion or 2.5 per cent against the previous month, and by MNT 2212.2 billion or 57.4 per cent against the previous year. The currency put into circulation reached MNT 705.3 billion, decreasing MNT 0.5 billion or 0.1 per cent against the previous month and increasing MNT 252.7 billion or 55.8 per cent against the previous year. Loans outstanding at the end of September 2011 amounted to MNT 5,060.4 billion, increasing by MNT 189.6 billion or 3.9 per cent compared to the previous month, and by MNT 1,975.0 billion or 64.0 per cent against the previous year. Principals in arrears reached MNT 60.5 billion, decreasing MNT 6.5 billion or 9.7 per cent against the previous month, and by MNT 15.3 billion or 20.2 per cent against the previous year. At the end of September 2011, the non-performing loans over the bank system reached MNT 357.3 billion, decreasing MNT 18.6 billion or 4.9 per cent against September, and by MNT 53.9 billion or 13.1 per cent against 2010. There were 22 trading days and 32.0 million shares valued at MNT 5.4 billion were sold.

B.Khuder

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