STATEMENT OF FINANCIAL POSITION
(MNT million)
| 1 | ASSETS | ||
| 1.1 | Cash and cash equivalents |
217,295 |
|
| 1.2 | Due from banks and financial institutions |
72,350 |
|
| 1.3 | Financial investments |
72,145 |
|
| 1.4 | Loans and advances to customers (net) |
680,793 |
|
| 1.4.1 | Performing loans |
647,070 |
|
| 1.4.2 | Non-performing loans |
58,622 |
|
| 1.4.3 | Deferred loan payment |
(159) |
|
| 1.4.4 | Accrued interest receivable |
15,776 |
|
| 1.4.5 | Loan loss provision |
(40,516) |
|
| 1.5 | Derivative financial assets |
2,325 |
|
| 1.6 | Other financial assets |
569 |
|
| 1.7 | Other non-financial assets |
15,204 |
|
| 1.8 | Fixed assets |
19,142 |
|
| 1.9 | Properties held for sale |
26,184 |
|
| 1.10 | Intangible assets |
13,215 |
|
| 1.11 | Total assets |
1,119,222 |
|
| 2 | LIABILITIES | ||
| 2.1 | Current accounts |
82,796 |
|
| 2.2 | Savings accounts |
491,964 |
|
| 2.3 | Due to banks and financial institutions |
234,434 |
|
| 2.4 | Other funds |
78,281 |
|
| 2.5 | Derivative financial liabilities |
3,354 |
|
| 2.6 | Other liabilities |
25,835 |
|
| 2.7 | Total liabilities |
916,664 |
|
| 3 | EQUITY | ||
| 3.1 | Share capital |
146,474 |
|
| 3.2 | Share premium |
15,647 |
|
| 3.3 | Treasury shares |
(7,032) |
|
| 3.4 | Retained earnings |
47,370 |
|
| 3.5 | Other reserves |
99 |
|
| 3.6 | Total equity |
202,558 |
|
| 4 | TOTAL LIABILITIES AND EQUITY |
1,119,222 |
|
(MNT million)
| OFF BALANCE SHEET | |||
| Contingencies and commitments (net) | 16,091 | ||
INCOME STATEMENT
(MNT million)
| 1 | Interest income | 35,199 | |
| 1.1 | From Bank of Mongolia | 56 | |
| 1.2 | From banks and financial institutions | 337 | |
| 1.3 | From securities | 3,017 | |
| 1.4 | From loans | 31,254 | |
| 1.5 | Other interest income | 535 | |
| 2 | Interest expense | 21,417 | |
| 2.1 | Interest expense on current accounts | 558 | |
| 2.2 | Interest expense on savings accounts | 17,808 | |
| 2.3 | Interest expense on borrowed funds | 1,515 | |
| 2.4 | Interest expense on securities | 201 | |
| 2.5 | Other interest expenses | 1,335 | |
| 3 | Net interest income (1-2) | 13,782 | |
| 4 | Provision expense | 2,626 | |
| 4.1 | Deposits at banks and financial institutions | – | |
| 4.2 | Securities | – | |
| 4.3 | Loans | 2,626 | |
| 5 | Net income after provision (3-4) | 11,156 | |
| 6 | Other income | 8,057 | |
| 6.1 | Non-interest income | 7,973 | |
| 6.1.1 | Trading income | 1,912 | |
| 6.1.2 | Foreign exchange and revaluation income | 5,598 | |
| 6.1.3 | Fees and commission income | 379 | |
| 6.1.4 | Other non-interest income | 84 | |
| 6.2 | Other income, gain | 84 | |
| 7 | Other expenses | 13,004 | |
| 7.1 | Non-interest expenses | 12,896 | |
| 7.1.1 | Other provision expense | – | |
| 7.1.2 | Trading expense | 1,390 | |
| 7.1.3 | Foreign exchange and revaluation expense | 4,963 | |
| 7.1.4 | Fees and commission expense | 305 | |
| 7.1.5 | Other operating expenses | 6,238 | |
| 7.2 | Other expenses, losses | 108 | |
| 8 | Profit Before Tax (5+6-7) | 6,209 | |
| 9 | Income tax expense | 549 | |
| 10 | Net profit for the year (8-9) | 5,660 | |
| 11 | Other comprehensive income | – | |
| 12 | Total comprehensive income for the year (10+11) | 5,660 | |
| PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA | LIMIT | PERFORMANCE |
| Tier 1 capital ratio |
≥ 9% |
23.0% |
| Capital adequacy ratio |
≥ 12% |
23.0% |
| Liquidity ratio |
≥ 25% |
30.1% |
| Foreign currency open position ratio (single currency) |
< ±15% |
-4.9% |
| Foreign currency open position ratio (total) |
< ±30% |
-12.7% |
| 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) | 3.3% | ||
| 1.1 | Bank shareholders | – | – | 0.0% |
| 1.2 | Key management personnel | – | – | 0.0% |
| 1.3 | Other related parties | Loan | 6,666 | 3.3% |
| 2 | Total loans and advances to related parties (less than 20% of total equity) | 12.0% | ||
| 2.1 | Bank shareholders | Loan | 100 | 0.0% |
| 2.2 | Key management personnel | Loan | 544 | 0.3% |
| 2.3 | Other related parties | Loan | 23,856 | 11.7% |