As of the end of March 2025, savings in Tugrug, the national currency of Mongolia, reached MNT 22.1 trillion, which is an increase of MNT 4 trillion compared to the same period of 2024.
Savings made by individuals amounted to MNT 19.1 trillion, while those of enterprises rose to MNT 3 trillion. Foreign currency savings are up to MNT 5 trillion, an MNT 466.6 billion increase compared to the same period last year.
The loan balances for enterprises and individuals are MNT 38.9 trillion as of the end of March, which is an increase of MNT 9.7 trillion compared to the same period last year. The ratio of loan balance by type of borrowers is 59.4 percent by individuals, 37.9 percent by private enterprises, 1.2 percent by government organizations, and 1.5 percent by financial entities.
The performing loans reached MNT 35.3 trillion, an MNT 9.4 trillion increase compared to the same period last year, making up 90.8 percent of the total loan balance.
Watch-list loans are up by MNT 280.7 billion compared to the same period last year, reaching MNT 1.5 trillion. This classification of loans is four percent of the total loan balance.
Non-performing loans are at MNT 2 trillion, MNT 9.5 billion lower compared to the same period in 2024. Although this may seem like a positive sign, it still amounts to five percent of the total loan balance.
Payment balance for mortgage lent to residents by the Mongolian Mortgage Corporation and commercial banks is at MNT 9.7 trillion, which is up by MNT 1.9 billion compared to the same period last year.
MNT 9.5 trillion of the mortgage payment balance is assessed as no-risk loans, which shows that home lending repayment is at 97.8 percent.
The Bank of Mongolia announced the Tugrug's exchange rate to the U.S. Dollar is at MNT 3475.38, a depreciation of MNT 99.2 compared to the same period of 2024. The monthly exchange rate of the Tugrug against the Euro depreciated by MNT 100.1, and is now at MNT 3768.52, while the exchange rate against the Ruble is at MNT 40.74, a depreciation of MNT 4. The average monthly rate for Chinese Yuan to Mongolian Tugrug is MNT 479.56, a depreciation of MNT 10.8.
At the end of March 2025, 12.7 percent of the cash flow was from net foreign assets and 87.3 percent from net domestic assets. The net foreign assets as of March 2025 amounted to MNT 5.3 trillion, according to a preliminary report, which is up by MNT 4.5 trillion compared to the same period in 2024, but lower by MNT 234.3 billion compared to February 2025.

Published Date:2025-04-17