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Photo ID: 5
Gallery ID: 33 - Business & Office
Photo Title: MONGOLIA BANKS STOP LENDING
Digital Items
Quality: JPG File
Dimensions: 3872(px) x 2592(px)
Megapixels: 10.04
Print Size:
@72DPI = 53.78in x 36in
@150DPI = 25.81in x 17.28in
@300DPI = 12.91in x 8.64in
File Size: 4.53(mb)
Price: €30.00


Description:
Zoos Bank, Baga Toyruu, Ulan Bator, Mongolia 22 April 2008. The Central Bank of Mongolia dramatically increased the policy rate on loans by 1.35 percent to 9.75 percent to restrict inflation. This has forced several banks to stop lending money. XAC, Zoos, and Savings Bank are now refusing to give loans on Mortgages although the banks have said this is a temporary measure.
Rating:

Rating: 4.6/10 (10 votes cast)

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