Тээвэр хөгжлийн банк

Quarterly financial statements

2026 year I quarter

(MNT million)

STATEMENT OF FINANCIAL POSITION		2025/12/31	2026/03/31
1	ASSETS
1.1	Cash and cash equivalents	443,418	514,052
1.2	Due from banks and financial institutions	169,648	204,964
1.3	Financial investments	54,353	466,998
1.3.1	Investments in subsidiaries and associates	–	–
1.4	Loans and advances to customers (net)	885,930	932,147
1.4.1	Performing loans	838,495	866,663
1.4.2	Non-performing loans	77,638	87,719
1.4.3	Deferred loan payment	(226)	(251)
1.4.4	Accrued interest receivable	23,529	28,923
1.4.5	Loan loss provision	(53,506)	(50,907)
1.5	Derivative financial assets	438	1,353
1.6	Other financial assets	6,948	6,388
1.7	Other non-financial assets	29,933	53,321
1.8	Fixed assets	13,886	14,987
1.9	Investment property	–	–
1.10	Properties held for sale	50,916	70,776
1.11	Intangible assets	12,221	11,811
1.12	Total assets	1,667,691	2,276,797
2	LIABILITIES
2.1	Current accounts	185,080	140,223
2.2	Savings accounts	955,654	1,155,823
2.3	Due to banks and financial institutions	209,521	228,853
2.4	Other funds	73,368	485,081
2.5	Other liabilities	17,558	36,787
2.6	Total liabilities	1,441,181	2,046,767
3	EQUITY
3.1	Share capital	146,474	146,474
3.2	Share premium	15,645	15,645
3.3	Treasury shares	(7,032)	(7,032)
3.4	Revaluation reserves	–	–
3.5	Retained earnings	71,359	74,879
3.6	Other reserves	64	64
3.7	Total equity	226,510	230,030
4	TOTAL LIABILITIES AND EQUITY	1,667,691	2,276,797

(MNT million)

OFF BALANCE SHEET
Contingencies and commitments (net)	16,760	35,757

(MNT million)

INCOME STATEMENT		2025/12/31	2026/03/31
1	Interest income	175,978	55,508
1.1	From Bank of Mongolia	144	14
1.2	From banks and financial institutions	593	51
1.3	From securities	15,101	11,542
1.4	From loans	157,860	43,856
1.5	Other interest income	2,280	45
2	Interest expense	123,102	47,181
2.1	Interest expense on current accounts	2,639	843
2.2	Interest expense on savings accounts	106,708	41,685
2.3	Interest expense on borrowed funds	6,521	1,901
2.4	Interest expense on securities	667	1,379
2.5	Other interest expenses	6,567	1,373
3	Net interest income (1-2)	52,876	8,327
4	Provision expense	1,732	–
5	Net income after provision (3-4)	51,144	8,327
6	Other income	35,731	17,331
6.1	Non-interest income	35,495	17,326
6.1.1	Trading income	11,761	4,303
6.1.2	Foreign exchange and revaluation income	20,430	9,793
6.1.3	Fees and commission income	2,157	521
6.1.4	Other non-interest income	1,147	2,709
6.2	Other income, gain	236	5
7	Other expenses	62,458	21,735
7.1	Non-interest expenses	61,763	21,710
7.1.1	Other provision expense	1,708	22
7.1.2	Trading expense	8,225	1,793
7.1.3	Foreign exchange and revaluation expense	18,108	10,893
7.1.4	Fees and commission expense	1,712	599
7.1.5	Other operating expenses	32,010	8,403
7.2	Other expenses, losses	695	25
8	Profit Before Tax (5+6-7)	24,417	3,923
9	Income tax expense	5,495	403
10	Net profit for the year (8-9)	18,922	3,520
11	Other comprehensive income	28	–
12	Total comprehensive income for the year (10+11)	18,950	3,520

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA	LIMIT	PERFORMANCE
Tier 1 capital ratio	≥ 9%	18.8%
Capital adequacy ratio	≥ 12%	18.8%
Liquidity ratio	≥ 25%	45.3%
Foreign currency open position ratio (single currency)	< ±15%	-5.6%
Foreign currency open position ratio (total)	< ±30%	-9.7%

LOANS AND ADVANCES TO RELATED PARTIES		CATEGORY OF ASSETS	BALANCE (MNT million)	PERCENT OF TOTAL EQUITY
1	Loans and advances to a related party (less than 5% of total equity)
1.1	Bank shareholders	–	–	–
1.2	Key management personnel	–	–	–
1.3	Other related parties	Loan	4,782	2.1%
2	Total loans and advances to related parties (less than 20% of total equity)
2.1	Bank shareholders	Loan	101	0.0%
2.2	Key management personnel	Loan	467	0.2%
2.3	Other related parties	Loan	9,287	3.6%