As of September 30, 2022

(in millions of MNT)

BALANCE SHEET ITEMS		31/12/2021	30/09/2022
1	ASSET
1.1	Cash and cash equivalents	131,425	212,181
1.2	Due from banks and financial institutions	28,907	60,848
1.3	Financial investments	82,961	21,778
1.4	Loans and advances to customers (net)	423,569	510,101
1.4.1	Performing loans	416,828	434,219
1.4.2	Non-performing loans	11,722	92,120
1.4.3	Deferred loan payment	(126)	(118)
1.4.4	Accrued interest receivable	6,219	9,423
1.4.5	Loan Loss Provision	(19,415)	(25,544)
1.5	Derivative financial assets	36	2,515
1.6	Other financial assets	42	120
1.7	Other non-financial assets	34,630	86,279
1.8	Fixed assets (net)	11,459	12,249
1.9	Intangible assets	10,024	9,577
1.10	Total assets	723,053	915,647
2	LIABILITIES
2.1	Current account	58,149	102,051
2.2	Savings account	259,021	369,787
2.3	Due to banks and financial institutions	132,946	221,271
2.4	Other funds	82,048	26,075
2.5	Derivative financial liabilities	20	3,404
2.6	Other liabilities	8,165	6,694
2.7	Total liabilities	540,349	729,282
3	EQUITY
3.1	Share capital	146,474	146,474
3.2	Share premium	15,645	15,645
3.3	Treasury shares	–	(7,032)
3.4	Revaluation surplus	1	1
3.5	Retained earnings /loss/	20,446	24,092
3.6	Other reserves	138	7,184
4	Total equity	182,704	186,365
5	TOTAL LIABILITIES AND EQUITY	723,053	915,647

(in millions of MNT)

INCOME STATEMENT		31/12/2021	30/09/2022
1	Interest income	50,684	59,723
1.1	From Bank of Mongolia	132	89
1.2	From Other banks & financial institutions	855	1,525
1.3	From securities	4,493	3,612
1.4	From loans	44,370	51,530
1.5	Other interest income	834	2,968
2	Interest expense	24,882	30,329
2.1	Interest expense on current account	–	–
2.2	Interest expense on savings account	19,963	25,124
2.3	Interest expense on borrowed funds	1,948	1,818
2.4	Interest expense on securities	1,574	1,468
2.5	Other interest expense	1,397	1,918
3	NET INTEREST INCOME (1-2)	25,802	29,394
4	Provision expenses (provision reverse income)	599	4,807
4.1	Deposits at other banks and financial institutions	327	–
4.2	Securities	25	–
4.3	Loans	247	4,807
5	Net interest income after provision [(3)-(4)]	25,203	24,587
6	Other income	4,249	20,001
6.1	Non-interest income	4,249	19,761
6.1.1	Trading income	3,393	11,579
6.1.2	Exchange and revaluation adjustment expense	349	7,201
6.1.3	Fees and commission income	507	977
6.1.4	Other non-interest income	–	5
6.2	Other income	–	240
7	Other expense	15,559	31,735
7.1	Non-interest expense	15,194	31,401
7.1.1	Other provision expense	1	0
7.1.2	Trade expense	1,936	8,410
7.1.3	Exchange and revaluation adjustment expense	429	6,339
7.1.4	Fees and commission expense	462	855
7.1.5	Other operating expense	12,366	15,797
7.2	Other expense	365	334
8	Profit Before Tax (5+6-7)	13,893	12,853
9	Income tax expense	2,441	2,160
10	Profit After Taxes (8-9)	11,452	10,693
11	Other comprehensive income	92	–
12	Total comprehensive income for the year (10+11)	11,544	10,693

(in millions of MNT)

OFF BALANCE SHEET	31/12/2021	30/09/2022
Contingencies and commitments (net)	16,939	12,841

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA	Limit	30/09/2022
Tier 1 ratio	≥ 9%	26.2%
Capital adequacy ratio	≥ 12%	26.2%
Liquidity	≥ 25%	30.3%
Foreign currency open position ratio (by each currency)	< ±15%	6.0%
Foreign currency open position ratio (total)	< ±30%	-16.8%

(in millions of MNT)

Related parties		Category of assets	Balance	% in total Equity
1	Loans and other equivalent asset provided to a related party (less than 5% of capital)			4.8%
1.1	Shareholders of the Bank	–	–	0.0%
1.2	Key management personnel	–	–	0.0%
1.3	Other related parties	Loan	8,851	4.8%
2	Total Loans and other equivalent asset provided to related parties (less than 20% of capital)			18.9%
2.1	Shareholders of the Bank	Loan	100	0.1%
2.2	Key management personnel	Loan	350	0.2%
2.3	Other related parties	Loan	34,472	18.7%