gogo logo
  • Монгол
  • Yolo
  • Maamuu
  • Politics
  • Economy
  • Society
  • Life
  • Interview
  • Culture
  • TRAVEL
  • Ulaanbaatar
  • Media OutReach
Helpful
Interview
  • - Interview
Interesting
Other
Монгол
Maamuu
Yolo
Main menu
Politics
Economy
Society
Life
Interview
Culture
TRAVEL
Ulaanbaatar
Media OutReach
Helpful
Interview
Interview
Interesting
Other menu
Монгол
Maamuu
Yolo
Contact us
Editorial ethics
Home
Search
Menu
  Facebook   Twitter
  Menu
Home
/ Санхүү
Finance

Number of individuals applying for mortgage loans declined

  Facebook   Tweet
  Facebook  Tweet

Number of individuals applying for mortgage loans declined

According to the statistics about 1600 individuals have been approved for mortgage loans in over a months' time. This number breaks down to over 40 individuals per day who are approved for the loans. Compared to the period when the 8 percent mortgage loans have been introduced the number has declined by 10.

This implies that the number of eligible for the mortgage loan program has decllined as well. As of April 24th, applications for the mortgage loans received by the commercial banks reached MNT 1,96 trillion. Of which 35,000 individuals have been approved for mortgage loans worth MNT 1 trillion 925 billion.

Moreover, banks have refinanced loans of 19,000 individuals worth of MNY 568,2 billion and transfered to 8 percent loans according to Bank of Mongolia.

According to the statistics about 1600 individuals have been approved for mortgage loans in over a months' time. This number breaks down to over 40 individuals per day who are approved for the loans. Compared to the period when the 8 percent mortgage loans have been introduced the number has declined by 10.

This implies that the number of eligible for the mortgage loan program has decllined as well. As of April 24th, applications for the mortgage loans received by the commercial banks reached MNT 1,96 trillion. Of which 35,000 individuals have been approved for mortgage loans worth MNT 1 trillion 925 billion.

Moreover, banks have refinanced loans of 19,000 individuals worth of MNY 568,2 billion and transfered to 8 percent loans according to Bank of Mongolia.

  Facebook   Tweet
Category
Finance
Published
2015-04-28


gogo logo
Contact us Editorial ethics

© 2007 - 2025 Mongol Content LLC