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Non-Performing Loan Recovery: The Case of Mongolia

Author

Listed:
  • Davaajargal Luvsannyam
  • Enkhtur Minjuur
  • Dulguun Lkhagvadorj
  • Enkhsuren Bekhbat

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

Suggested Citation

  • Davaajargal Luvsannyam & Enkhtur Minjuur & Dulguun Lkhagvadorj & Enkhsuren Bekhbat, 2021. "Non-Performing Loan Recovery: The Case of Mongolia," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 11(1), pages 1-6.
    • Handle: RePEc:spt:apfiba:v:11:y:2021:i:1:f:11_1_6
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    Cited by:

    1. Fan, Xuecheng & Xu, Zeshui & Qin, Yong & Škare, Marinko, 2023. "Quantifying the short- and long-run impact of inflation-related price volatility on knowledge asset investment," Journal of Business Research, Elsevier, vol. 165(C).

    More about this item

    Keywords

    Non-performing loans; Recovery rate; Banking sector.;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G29 - Financial Economics - - Financial Institutions and Services - - - Other
    • G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation

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