"Citizens wishing to obtain a mortgage loan should apply to their respective banks"

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In 2022, approximately 700 billion MNT in low-interest mortgage loans is planned to be issued. Of this, 103 billion MNT in funding from the Bank of Mongolia and commercial banks has already been allocated to participating banks for the first two months of the year. The program is continuing as normal, so citizens interested in obtaining a loan may apply to their corresponding banks, according to the Bank of Mongolia.