STATEMENT OF FINANCIAL POSITION
(MNT million)
| 1 | ASSETS | ||
| 1.1 | Cash and cash equivalents | 225,711 | |
| 1.2 | Due from banks and financial institutions | 62,780 | |
| 1.3 | Financial investments | 37,151 | |
| 1.4 | Loans and advances to customers (net) | 583,776 | |
| 1.4.1 | Performing loans | 529,894 | |
| 1.4.2 | Non-performing loans | 74,564 | |
| 1.4.3 | Deferred loan payment | (152) | |
| 1.4.4 | Accrued interest receivable | 13,899 | |
| 1.4.5 | Loan loss provision | (34,429) | |
| 1.5 | Derivative financial assets | 1,197 | |
| 1.6 | Other financial assets | 558 | |
| 1.7 | Other non-financial assets | 16,000 | |
| 1.8 | Fixed assets | 21,710 | |
| 1.9 | Properties held for sale | 14,184 | |
| 1.10 | Intangible assets | 12,306 | |
| 1.11 | Total assets | 975,373 | |
| 2 | LIABILITIES | ||
| 2.1 | Current accounts | 70,651 | |
| 2.2 | Savings accounts | 422,334 | |
| 2.3 | Due to banks and financial institutions | 233,108 | |
| 2.4 | Other funds | 21,290 | |
| 2.5 | Derivative financial liabilities | 662 | |
| 2.6 | Other liabilities | 38,155 | |
| 2.7 | Total liabilities | 786,200 | |
| 3 | EQUITY | ||
| 3.1 | Share capital | 146,474 | |
| 3.2 | Share premium | 15,647 | |
| 3.3 | Treasury shares | (7,032) | |
| 3.5 | Retained earnings | 34,026 | |
| 3.6 | Other reserves | 58 | |
| 3.6 | Total equity | 189,173 | |
| 4 | TOTAL LIABILITIES AND EQUITY | 975,373 | |
(MNT million)
| OFF BALANCE SHEET | |||
| Contingencies and commitments (net) | 12,164 | ||
INCOME STATEMENT
(MNT million)
| 1 | Interest income |
54,870 |
| 1.1 | From Bank of Mongolia |
1,604 |
| 1.2 | From banks and financial institutions |
1,666 |
| 1.3 | From securities |
3,806 |
| 1.4 | From loans |
43,705 |
| 1.5 | Other interest income |
4,089 |
| 2 | Interest expense |
36,426 |
| 2.1 | Interest expense on current accounts |
943 |
| 2.2 | Interest expense on savings accounts |
28,164 |
| 2.3 | Interest expense on borrowed funds |
1,027 |
| 2.4 | Interest expense on securities |
768 |
| 2.5 | Other interest expenses |
5,524 |
| 3 | Net interest income (1-2) |
18,444 |
| 4 | Provision expense |
4,992 |
| 4.1 | Deposits at banks and financial institutions |
– |
| 4.2 | Securities |
– |
| 4.3 | Loans |
4,992 |
| 5 | Net income after provision (3-4) |
13,452 |
| 6 | Other income |
16,955 |
| 6.1 | Non-interest income |
16,867 |
| 6.1.1 | Trading income |
8,252 |
| 6.1.2 | Foreign exchange and revaluation income |
7,929 |
| 6.1.3 | Fees and commission income |
641 |
| 6.1.4 | Other non-interest income |
45 |
| 6.2 | Other income, gain |
88 |
| 7 | Other expenses |
27,248 |
| 7.1 | Non-interest expenses |
27,088 |
| 7.1.1 | Other provision expense |
230 |
| 7.1.2 | Trading expense |
7,190 |
| 7.1.3 | Foreign exchange and revaluation expense |
6,048 |
| 7.1.4 | Fees and commission expense |
737 |
| 7.1.5 | Other operating expenses |
12,883 |
| 7.2 | Other expenses, losses |
160 |
| 8 | Profit Before Tax (5+6-7) |
3,159 |
| 9 | Income tax expense |
267 |
| 10 | Net profit for the year (8-9) |
2,892 |
| 11 | Other comprehensive income |
– |
| 12 | Total comprehensive income for the year (10+11) |
2,892 |
| PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA | LIMIT | PERFORMANCE | ||
| Tier 1 capital ratio | ≥ 9% | 26.0% | ||
| Capital adequacy ratio | ≥ 12% | 26.0% | ||
| Liquidity ratio | ≥ 25% | 29.8% | ||
| Foreign currency open position ratio (single currency) | < ±15% | 5.2% | ||
| Foreign currency open position ratio (total) | < ±30% | 10.9% | ||
| 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) |
3.2% |
||
| 1.1 | Bank shareholders |
– |
– |
0.0% |
| 1.2 | Key management personnel |
– |
– |
0.0% |
| 1.3 | Other related parties |
Loan |
6,143 |
3.2% |
| 2 | Total loans and advances to related parties (less than 20% of total equity) |
13.9% |
||
| 2.1 | Bank shareholders |
Loan |
100 |
0.1% |
| 2.2 | Key management personnel |
Loan |
426 |
0.2% |
| 2.3 | Other related parties |
Loan |
25,702 |
13.6% |