Quarterly financial statements
As of September 30, 2024

(MNT million)

STATEMENT OF FINANCIAL POSITION30/09/2024
1ASSETS
1.1Cash and cash equivalents                          184,400
1.2Due from banks and financial institutions                            44,971
1.3Financial investments                            25,173
1.4Loans and advances to customers (net)                          651,366
1.4.1Performing loans                          615,595
1.4.2Non-performing loans                            56,644
1.4.3Deferred loan payment                                (104)
1.4.4Accrued interest receivable                            16,528
1.4.5Loan loss provision                          (37,297)
1.5Derivative financial assets                               1,069
1.6Other financial assets                               1,130
1.7Other non-financial assets                            21,298
1.8Fixed assets                            17,792
1.9Properties held for sale                            24,267
1.1Intangible assets                            13,470
1.11Total assets                          984,936
2LIABILITIES
2.1Current accounts                            47,347
2.2Savings accounts                          430,781
2.3Due to banks and financial instituitions                          242,506
2.4Other funds                            30,997
2.5Derivative financial liabilities                               1,827
2.6Other liabilities                            26,526
2.7Total liabilities                          779,984
3EQUITY
3.1Share capital                          146,474
3.2Share premium                            15,647
3.3Treasury shares                            (7,032)
3.4Retained earnings                            49,764
3.5Other reserves                                     99
3.6Total equity                          204,952
4TOTAL LIABILITIES AND EQUITY                          984,936

(MNT million)

OFF BALANCE SHEET
Contingencies and commitments (net)                            12,107

(MNT million)

INCOME STATEMENT30/09/2024
1Interest income                            90,001
1.1From Bank of Mongolia                                  164
1.2From banks and financial institutions                                  667
1.3From securities                               6,932
1.4From loans                            80,590
1.5Other interest income                               1,648
2Interest expense                            65,392
2.1Interest expense on current accounts                               1,057
2.2Interest expense on savings accounts                            42,517
2.3Interest expense on borrowed funds                            17,433
2.4Interest expense on securities                                  363
2.5Other interest expenses                               4,022
3Net interest income (1-2)                            24,609
4Provision expense                                      –  
4.1Deposits at banks and financial institutions                                      –  
4.2Securities                                      –  
4.3Loans                                      –  
5Net income after provision (3-4)                            24,609
6Other income                            17,737
6.1Non-interest income                            17,596
6.1.1Trading income                               7,363
6.1.2Foreign exchange and revaluation income                               8,519
6.1.3Fees and commission income                               1,043
6.1.4Other non-interest income                                  671
6.2Other income, gain                                  141
7Other expenses                            32,494
7.1Non-interest expenses                            31,829
7.1.1Other provision expense                                  946
7.1.2Trading expense                               2,811
7.1.3Foreign exchange and revaluation expense                               8,087
7.1.4Fees and commission expense                               1,161
7.1.5Other operating expenses                            18,824
7.2Other expenses, losses                                  665
8Profit Before Tax (5+6-7)                               9,852
9Income tax expense                               1,799
10Net profit for the year (8-9)                               8,053
11Other comprehensive income                                      –  
12Total comprehensive income for the year (10+11)                               8,053
PRUDENTIAL RATIOS BY THE BANK OF MONGOLIALIMITPERFORMANCE
Tier 1 capital ratio≥ 9%23.9%
Capital adequacy ratio≥ 12%23.9%
Liquidity ratio≥ 25%30.2%
Foreign currency open position ratio (single currency)< ±15%7.2%
Foreign currency open position ratio (total)< ±30%14.5%
LOANS AND ADVANCES TO RELATED PARTIESCATEGORY OF ASSETSBALANCE
(MNT million)
PERCENT OF TOTAL EQUITY
1Loans and advances to a related party (less than 5% of total equity)3.3%
1.1Bank shareholders                                 –                                      –                                             –  
1.2Key management personnel                                 –         –                                             –  
1.3Other related partiesLoan                               6,7803.3%
2Total loans and advances to related parties (less than 20% of total equity)11.2%
2.1Bank shareholdersLoan                                  1000.0%
2.2Key management personnelLoan                               1,1250.5%
2.3Other related partiesLoan                            21,80510.6%