Retail loans reached 4,640 MNT bil in 2013 in Mongolia, according to the National Central Bank. This is 50.9 % more than in the previous year.
Historically, retail loans in Mongolia reached an all time high of 4,640 MNT bil in 2013 and an all time low of 920 MNT bil in 2009. When compared to Mongolia's main peers, retail loans in Kyrgyzstan amounted to 11.2 KGS bil and 9,957 RUB bil in Russia in 2013.
Mongolia has been ranked 10th within the group of 64 countries we follow in terms of retail loans.
A retail loan is a loan provided by a bank to a physical person.