Mongolia Interest Rates

A landlocked country in east Asia, the Mongolian economy has a population of 2.75 million (Census 2010) and ranks 135th in the world according to its GDP PPP. Its GDP PPP was 13.26 billion and GDP PPP per capita was 4,744 vs 48,387 (United States) according to the IMF in 2011. From the CIA.gov website which indicates that its inflation was 9.5% in 2011 and 10.2% in 2010.

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Mongolia Banks

Showing rates for 5 Bank deposit providers in Mongolia.
Bank Branch Founded Ownership
Khan Bank Khan Bank 520 1991 Foreign
Capital Bank Mongolia Capital Bank Mongolia 63 1998 Local
Capitron Bank Capitron Bank 22 2001 N/A
Credit Bank Mongolia Credit Bank Mongolia 1 1998 Foreign
Chinggis Khaan Bank Chinggis Khaan Bank 2001 Local

Mongolia Discussion Activity

  • Deposits
    Q: IS it possible to open an account on a tourist visa with a US passport?

    Jim Ringwood from United States
  • Khan Bank - Deposits - Khan Bank 1 Year Term Deposit
    Q: How does a U.S. citizen living in the United States arrange to deposit $1,000 in a Khan Bank 1 year term deposit, yielding 15.10%?

    Brien from Herndon, United States