Mongolian banking sector's net external assets down 0.1 pct in December 2025-Xinhua

Mongolian banking sector's net external assets down 0.1 pct in December 2025

Source: Xinhua

Editor: huaxia

2026-01-26 16:15:45

ULAN BATOR, Jan. 26 (Xinhua) -- The Mongolian banking sector's net foreign assets fell 0.1 percent year-on-year to reach 8.7 trillion Mongolian tugriks (2.4 billion U.S. dollars) in December 2025, the country's National Statistics Office (NSO) said on Monday.

During the period, the net domestic assets of Mongolia's banks amounted to 38.4 trillion tugriks (10.77 billion dollars), which represents an increase of 11 percent year-on-year.

Meanwhile, the cumulative savings within Mongolian commercial banks demonstrated a robust performance, reaching a total volume of 26 trillion tugriks (7.29 billion dollars) by the end of December 2025.

It is noted that the Mongolian tugrik savings experienced a substantial uptick, surging by 18.3 percent, while dollar savings exhibited a more modest increase of 16 percent.

Currently, there are about 1,500 branches of 12 commercial banks operating in Mongolia.