Bank of Mongolia reports

Ulaanbaatar /MONTSAME/ The Bank of Mongolia reports that money supply (broad money or M2) at the end of this January reached 10,027.9 bln.tog, increasing 576.9 bln.tog or 6.1 percent against the previous month. The money supply went up by 2,687.2 bln.tog or 36.6 percent compared to 2013. By late January, currency issued in circulation reached 894.3 bln.tog, increasing 53.2 bln.tog or 6.3 percent against the previous month, and by 152.2 bln.tog or 20.5 percent against 2013. Loans outstanding amounted to 11,014.9 bln.tog, going up by 245.6 bln.tog or 2.3 percent compared against the previous month, and increasing by 3,875.1 bln.tog or 54.3 percent against the same period of 2013. Principals in arrears at the end of January 2014 reached 152.1 bln.tog, showing an increase of 33.9 bln.tog or 28.7 percent compared to the previous month and an increase of 46.3 bln.tog or 43.8 percent compared to 2013. The non-performing loans over the bank system reached 581.9 bln.tog, increasing 15.9 bln. tog or 2.8 percent against the previous month and increasing 274.7 bln.tog or 89.4 percent against the same period of 2013.