The law ” COVID-19 Prevention, Fight, and Mitigation of Its Socioeconomic Impact ” will expire on December 31, 2022, and an interest rate on retail demand deposits will be calculated beginning January 1, 2023.
In addition, the interest conditions specified in the retail demand deposit Agreement have been updated in accordance with Article 13, Part 3 of the Law on Deposits, Transfers of Funds, and Credit Operations of Banks and Authorized Legal Entities. The interest rates on demand deposits listed below will be updated on February 1st, 2023.
| Product name | Currency | Interest /yearly/ |
| Demand deposit /interest paid yearly/ | MNT | 4.50%-6.60% |
| USD | 1.00% | |
| CNY, EUR | 0.60% | |
| AUD, GBP, JPY | 0.10% | |
| Demand deposit /interest paid monthly/ | MNT | 4.40%-6.40% |
| Prepaid demand deposit | MNT | 3.30% |
| USD | 0.90% |