Non-Performing Loan Recovery: The Case of Mongolia

Davaajargal Luvsannyam, Enkhtur Minjuur, Dulguun Lkhagvadorj and Enkhsuren Bekhbat

Journal of Applied Finance & Banking, 2021, vol. 11, issue 1, 6

Abstract: In this study, the activities related to the recovery of non-performing loans were considered in case of “Savings Bank†LLC. According to the survey, it takes an average of 4.2 years to recover non-performing loans, and recovery rate is on average 83 percent. The recovery rate of loans has been declining over time despite the fact that it was high in the first years of the receiver's appointment. Furthermore, the amount of non-performing loans recovered out-of-court was relatively small compared to the amount of that recovered through the courts. Although in-court activities to recover the non-performing loans takes 1.3 years more than out-of-court, the recovery rate is 7% higher in terms of judicial proceedings.  JEL classification numbers: G21, G29, G33.                              Â

Keywords: Non-performing loans; Recovery rate; Banking sector. (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.scienpress.com/Upload/JAFB%2fVol%2011_1_6.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spt:apfiba:v:11:y:2021:i:1:f:11_1_6

Access Statistics for this article

More articles in Journal of Applied Finance & Banking from SCIENPRESS Ltd
Bibliographic data for series maintained by Eleftherios Spyromitros-Xioufis ().