Banking - Mongolia

Value & RankThe Central bank discount rate of Mongolia is 13.3 (%) with a global rank of 13.
Mongolia compared to other CountriesThe Central bank discount rate of Mongolia is similar to that of Mali, Malawi, Uganda, Papua New Guinea, Kyrgyz Republic, Pakistan, Burundi, Seychelles, Belarus, Brazil with a respective Central bank discount rate of 16.0, 15.0, 14.0, 14.0, 13.7, 12.0, 11.3, 11.2, 10.5, 10.0 (%) and a global rank of 8, 9, 10, 11, 12, 14, 15, 16, 17, 18.Last 5 years averageMongolia had an average Central bank discount rate of 9.97 (%) in the last 5 years from (2007 to 2012).
Mongolia since the end of the Great RecessionMongolia's Central bank discount rate had a positive growth of 22.5% since the end of the Great Recession

Value & RankThe Commercial bank prime lending rate of Mongolia is 17.5 (%) with a global rank of 25.
Mongolia compared to other CountriesThe Commercial bank prime lending rate of Mongolia is similar to that of Costa Rica, Venezuela, Mauritania, Honduras, Turkmenistan, Kenya, Jamaica, Azerbaijan, Armenia, Argentina with a respective Commercial bank prime lending rate of 18.2, 18.0, 18.0, 17.8, 17.5, 17.1, 17.0, 17.0, 16.5, 16.4 (%) and a global rank of 20, 21, 22, 23, 24, 26, 27, 28, 29, 30.Last 5 years averageMongolia had an average Commercial bank prime lending rate of 18.4 (%) in the last 5 years from (2008 to 2013).
Mongolia since the end of the Great RecessionMongolia's Commercial bank prime lending rate had a negative growth (decline) of 15.9% since the end of the Great Recession

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Datasource: CIA - The World Factbook