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Real estate prices steadily drop

The housing price index (HPI) declined by 0.74 percent over the last month and became 1.00, as shown in Mongol Bank’s July report on...

Mongol Bank to omit 25,621 loans from its loan database

Mongol Bank decided on February 10 that it will omit 25,621 loans from its loan database, and the loans will not be included in...

Stopping tugrug decline

Exchange rates for a currency are determined in relation to the rates of other currencies. If we look at the Mongolian turgrug (MNT), one...

Mortgage loan issuance suspended

Mongol Bank spokesman D.Ariunaa reported that mortgage loan issuance has been temporarily suspended due to a Mongol Bank investigation of mortgage loan financing procedures...

Monetary interest rate raised to 15 percent

The Monetary Policy Council of Mongol Bank held a meeting yesterday, and decided to increase the monetary policy interest rate by 4.5 points to...

Mongol Bank to maintain its monetary policy rate

The Monetary Policy Council of Mongol Bank has decided to keep the central bank's official interest rate at 10.5 percent. The council members reported, “The...

Mongol Bank specialist speaks about changes in foreign currency market

In an interview with Udriin Sonin, Director of Mongol Bank’s Market Department J.Bataa spoke about issues related to the foreign currency market, with a...