2023 year III quarter

STATEMENT OF FINANCIAL POSITION

(MNT million)

1	ASSETS
1.1	Cash and cash equivalents	212,146
1.2	Due from banks and financial institutions	69,464
1.3	Financial investments	47,977
1.4	Loans and advances to customers (net)	622,451
1.4.1	Performing loans	564,519
1.4.2	Non-performing loans	81,232
1.4.3	Deferred loan payment	(173)
1.4.4	Accrued interest receivable	12,368
1.4.5	Loan loss provision	(35,495)
1.5	Derivative financial assets	1,779
1.6	Other financial assets	692
1.7	Other non-financial assets	15,242
1.8	Fixed assets	20,019
1.9	Properties held for sale	14,184
1.10	Intangible assets	12,952
1.11	Total assets	1,016,906
2	LIABILITIES
2.1	Current accounts	77,018
2.2	Savings accounts	468,980
2.3	Due to banks and financial institutions	210,370
2.4	Other funds	34,960
2.5	Derivative financial liabilities	2,516
2.6	Other liabilities	32,496
2.7	Total liabilities	826,340
3	EQUITY
3.1	Share capital	146,474
3.2	Share premium	15,647
3.3	Treasury shares	(7,032)
3.4	Retained earnings	35,419
3.5	Other reserves	58
3.6	Total equity	190,566
4	TOTAL LIABILITIES AND EQUITY	1,016,906

(сая төгрөг)

OFF BALANCE SHEET
Contingencies and commitments (net)	14,848

INCOME STATEMENT

(MNT million)

1	Interest income	80,756
1.1	From Bank of Mongolia	1,747
1.2	From banks and financial institutions	2,596
1.3	From securities	5,320
1.4	From loans	67,595
1.5	Other interest income	3,498
2	Interest expense	54,282
2.1	Interest expense on current accounts	1,394
2.2	Interest expense on savings accounts	44,869
2.3	Interest expense on borrowed funds	1,693
2.4	Interest expense on securities	913
2.5	Other interest expenses	5,413
3	Net interest income (1-2)	26,474
4	Provision expense	6,044
4.1	Deposits at banks and financial institutions	–
4.2	Securities	–
4.3	Loans	6,044
5	Net income after provision (3-4)	20,430
6	Other income	23,538
6.1	Non-interest income	23,433
6.1.1	Trading income	11,017
6.1.2	Foreign exchange and revaluation income	11,445
6.1.3	Fees and commission income	926
6.1.4	Other non-interest income	45
6.2	Other income, gain	105
7	Other expenses	39,472
7.1	Non-interest expenses	39,182
7.1.1	Other provision expense	9
7.1.2	Trading expense	8,753
7.1.3	Foreign exchange and revaluation expense	10,727
7.1.4	Fees and commission expense	982
7.1.5	Other operating expenses	18,711
7.2	Other expenses, losses	290
8	Profit Before Tax (5+6-7)	4,496
9	Income tax expense	211
10	Net profit for the year (8-9)	4,285
11	Other comprehensive income	–
12	Total comprehensive income for the year (10+11)	4,285

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA	LIMIT	PERFORMANCE
Tier 1 capital ratio	≥ 9%	24.3%
Capital adequacy ratio	≥ 12%	24.3%
Liquidity ratio	≥ 25%	29.0%
Foreign currency open position ratio (single currency)	< ±15%	1.8%
Foreign currency open position ratio (total)	< ±30%	4.5%

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)			3.3%
1.1	Bank shareholders	–	–	–
1.2	Key management personnel	–	–	–
1.3	Other related parties	Loan	6,353	3.3%
2	Total loans and advances to related parties (less than 20% of total equity)			13.6%
2.1	Bank shareholders	Loan	100	0.1%
2.2	Key management personnel	Loan	415	0.2%
2.3	Other related parties	Loan	25,456	13.4%