Categories
Quarterly financial statements

Year-2019 Quarter- 4

Quarter-4,2019
FINANCIAL STATEMENT
(in millions of MNT)
Items 12/31/2019
1 ASSET
1.1 Cash and cash equivalents                        200,118.37
1.2 Due from banks and financial institutions                          10,003.42
1.3 Financial investments                          26,168.79
 1.3.5 Investmens in associates                                          –
1.4 Loans and advances to customers (net)                        254,523.39
 1.4.1 Performing loans                        249,501.74
 1.4.2 Non-performing loans                          11,581.75
 1.4.6 Deferred loan payment                                          –
 1.4.7 Accrued interest receivable                             1,654.35
 1.4.8 Loan Loss Provision                          (8,214.45)
1.5 Derivative financial assets                                          –
1.6 Other financial assets                                685.69
1.7 Other non-financial assets                          26,079.09
1.8 Fixed assets (net)                             6,226.80
1.9 Real estate for investment                                          –
1.10 Assets for sale                                          –
1.11 Intangible assets                                747.77
1.12 Total assets                        524,553.34
2 LIABILITIES
2.1 Current account                          57,751.11
2.2 Savings account                        190,952.88
2.3 Due to banks and financial instituitions                        163,726.27
2.4 Other deposits                             4,294.63
2.5 Other liabilities                          26,096.24
2.10 Total liabilities                        442,821.14
3 EQUITY
3.1 Share capital                          78,000.00
3.2 Share premium                                          –
3.3 Treasury shares                                          –
3.4 Revaluation surplus                                     0.57
3.5 Retained earnings /loss/                             3,638.70
3.6 Other reserves                                   92.93
3.7 Total equity                          81,732.20
4 TOTAL LIABILITIES AND EQUITY                        524,553.34
INCOME STATEMENT
(in millions of MNT)
Items 12/31/2019
1 Interest income                          57,389.10
 1.1 From Bank of Mongolia                                114.07
 1.2 From Other banks & financial institutions                             4,577.71
 1.3 From securities                          11,223.25
 1.4 From loans                          41,474.06
 1.5 Other interest income                                          –
2 Interest expense                          39,897.85
 2.1 Interest expense on current account                             1,048.83
 2.2 Interest expense on savings account                          31,857.35
 2.3 Interest expense on borrowed funds                                   13.08
 2.4 Interest expense on securities                             6,593.43
 2.5 Other interest expense                                385.15
3 NET INTEREST INCOME (1-2)                          17,491.25
4 Provision expenses                             6,269.56
 4.1 Deposits at other banks and financial institutions                                          –
 4.2 Securities                                          –
 4.3 Loans                             6,269.56
5 Net interest income after provision [(3)-(4)]                          11,221.69
6 Other income                             2,335.17
 6.1 Non-interest income                             1,820.57
  6.1.1 Trading income                                700.22
  6.1.2 Exchange and revaluation adjustment expense                                318.74
  6.1.3 Fees and commission income                                801.60
  6.1.4 Other non-interest income                                          –
 6.2 Other income                                514.61
7 Other expense                             7,915.68
 7.1 Non-interest expense                             7,677.85
  7.1.1 Other provision expense                                   47.76
  7.1.2 Trade expense                                          –
  7.1.3 Exchange and revaluation adjustment expense                                          –
  7.1.4 Fees and commission expense                                393.38
  7.1.5 Other operating expense                             7,236.71
 7.2 Other expense                                237.83
8 Profit Before Tax (5+6-7)                             5,641.18
9 Income tax expense                             1,124.56
10 Profit After Taxes (8-9)                             4,516.62
11 Other comprehensive income                                          –
12 Total comprehensive income for the year (10+11)                             4,516.62
OFF BALANCE SHEET
(in millions of MNT)
Contingencies and commitments (net)                             2,027.32
PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA
Ratios Limit Bank
Tier 1 ratio ≥ 9% 25.9%
Capital adequacy ratio ≥ 12% 25.9%
Liquidity ≥ 25% 53.1%
Foreign currency open position ratio (by each currency) < ±15% 4.9%
Foreign currency open position ratio (total) < ±30% -14.2%

 

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK
(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)
1.1. Shareholders of the Bank  –
1.2. Key management personnel  Loan            20.00 0.0%
1.3. Other related parties  Loan      3,912.68 4.8%
2 Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1. Shareholders of the Bank  –
2.2. Key management personnel  Loan            70.60 0.1%
2.3. Other related parties  Loan    12,526.37 15.3%
Categories
Quarterly financial statements

Year-2019 Quarter- 3

Quarter-3,2019
FINANCIAL STATEMENT
(in millions of MNT)
Items 9/30/2019
1 ASSET
1.1 Cash and cash equivalents                        141,119.03
1.2 Due from banks and financial institutions                          10,003.42
1.3 Financial investments                          66,622.52
 1.3.5 Investmens in associates                                          –
1.4 Loans and advances to customers (net)                        280,025.29
 1.4.1 Performing loans                        266,977.14
 1.4.2 Non-performing loans                          13,611.02
 1.4.6 Deferred loan payment                                          –
 1.4.7 Accrued interest receivable                             1,950.75
 1.4.8 Loan Loss Provision                          (2,513.62)
1.5 Derivative financial assets                                          –
1.6 Other financial assets                                     1.71
1.7 Other non-financial assets                          13,115.29
1.8 Fixed assets (net)                             4,201.97
1.9 Real estate for investment                                          –
1.10 Assets for sale                                          –
1.11 Intangible assets                                529.31
1.12 Total assets                        515,618.54
2 LIABILITIES
2.1 Current account                          39,587.50
2.2 Savings account                        144,868.52
2.3 Due to banks and financial instituitions                        179,269.97
2.4 Other deposits                          31,597.65
2.5 Other liabilities                          35,568.16
2.10 Total liabilities                        430,891.81
3 EQUITY
3.1 Share capital                          78,000.00
3.2 Share premium                                          –
3.3 Treasury shares                                          –
3.4 Revaluation surplus                                     0.57
3.5 Retained earnings /loss/                             6,633.23
3.6 Other reserves                                   92.93
3.7 Total equity                          84,726.73
4 TOTAL LIABILITIES AND EQUITY                        515,618.54
INCOME STATEMENT
(in millions of MNT)
Items 9/30/2019
1 Interest income                          43,812.03
 1.1 From Bank of Mongolia                                   52.35
 1.2 From Other banks & financial institutions                             3,419.95
 1.3 From securities                             8,623.65
 1.4 From loans                          31,716.09
 1.5 Other interest income                                          –
2 Interest expense                          29,675.25
 2.1 Interest expense on current account                                592.02
 2.2 Interest expense on savings account                          23,728.22
 2.3 Interest expense on borrowed funds                                     7.80
 2.4 Interest expense on securities                             5,197.57
 2.5 Other interest expense                                149.65
3 NET INTEREST INCOME (1-2)                          14,136.78
4 Provision expenses                                599.71
 4.1 Deposits at other banks and financial institutions                                          –
 4.2 Securities                                          –
 4.3 Loans                                599.71
5 Net interest income after provision [(3)-(4)]                          13,537.08
6 Other income                             1,277.04
 6.1 Non-interest income                                991.01
  6.1.1 Trading income                                294.94
  6.1.2 Exchange and revaluation adjustment expense                                181.27
  6.1.3 Fees and commission income                                514.80
  6.1.4 Other non-interest income                                          –
 6.2 Other income                                286.04
7 Other expense                             5,421.21
 7.1 Non-interest expense                             5,274.23
  7.1.1 Other provision expense                                   47.76
  7.1.2 Trade expense                                          –
  7.1.3 Exchange and revaluation adjustment expense                                          –
  7.1.4 Fees and commission expense                                304.11
  7.1.5 Other operating expense                             4,922.37
 7.2 Other expense                                146.98
8 Profit Before Tax (5+6-7)                             9,392.91
9 Income tax expense                             1,881.76
10 Profit After Taxes (8-9)                             7,511.15
11 Other comprehensive income                                          –
12 Total comprehensive income for the year (10+11)                             7,511.15
OFF BALANCE SHEET
(in millions of MNT)
Contingencies and commitments (net)                             2,629.91
PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA
Ratios Limit Bank
Tier 1 ratio ≥ 9% 21.2%
Capital adequacy ratio ≥ 12% 21.2%
Liquidity ≥ 25% 33.0%
Foreign currency open position ratio (by each currency) < ±15% -5.8%
Foreign currency open position ratio (total) < ±30% -5.8%
LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK
(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)
1.1. Shareholders of the Bank  –
1.2. Key management personnel  Loan          35.92 0.0%
1.3. Other related parties  Loan    2,251.02 2.7%
2 Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1. Shareholders of the Bank  –
2.2. Key management personnel  Loan       102.49 0.1%
2.3. Other related parties  Loan    4,750.64 5.6%
Categories
Quarterly financial statements

Year-2019 Quarter- 2

Quarter-2,2019
FINANCIAL STATEMENT
(in millions of MNT)
Items 6/30/2019
1 ASSET
1.1 Cash and cash equivalents                     123,003.92
1.2 Due from banks and financial institutions                       10,010.27
1.3 Financial investments                       85,410.09
 1.3.5 Investmens in associates
1.4 Loans and advances to customers (net)                     289,527.99
 1.4.1 Performing loans                     281,350.94
 1.4.2 Non-performing loans                         9,200.00
 1.4.6 Deferred loan payment                                      –
 1.4.7 Accrued interest receivable                         1,301.20
 1.4.8 Loan Loss Provision                       (2,324.15)
1.5 Derivative financial assets                                      –
1.6 Other financial assets                               (0.03)
1.7 Other non-financial assets                             873.62
1.8 Fixed assets (net)                         4,490.18
1.9 Real estate for investment                                      –
1.10 Assets for sale                                      –
1.11 Intangible assets                             525.99
1.12 Total assets                     513,842.04
2 LIABILITIES
2.1 Current account                       20,749.21
2.2 Savings account                     126,650.18
2.3 Due to banks and financial instituitions                     196,350.83
2.4 Other deposits                       53,810.56
2.5 Other liabilities                       34,481.14
2.10 Total liabilities                     432,041.92
3 EQUITY
3.1 Share capital                       78,000.00
3.2 Share premium
3.3 Treasury shares
3.4 Revaluation surplus                                  0.57
3.5 Retained earnings /loss/                         3,706.61
3.6 Other reserves                               92.93
3.7 Total equity                       81,800.11
4 TOTAL LIABILITIES AND EQUITY                     513,842.04
INCOME STATEMENT
(in millions of MNT)
Items 6/30/2019
1 Interest income                       28,393.10
 1.1 From Bank of Mongolia                               46.08
 1.2 From Other banks & financial institutions                         2,300.40
 1.3 From securities                         5,552.01
 1.4 From loans                       20,524.61
 1.5 Other interest income                                      –
2 Interest expense                       19,488.31
 2.1 Interest expense on current account                             286.60
 2.2 Interest expense on savings account                       15,599.71
 2.3 Interest expense on borrowed funds                                  2.95
 2.4 Interest expense on securities                         3,498.71
 2.5 Other interest expense                             100.35
3 NET INTEREST INCOME (1-2)                         8,904.78
4 Provision expenses                             413.00
 4.1 Deposits at other banks and financial institutions                                      –
 4.2 Securities                                      –
 4.3 Loans                             413.00
5 Net interest income after provision [(3)-(4)]                         8,491.79
6 Other income                             736.18
 6.1 Non-interest income                             506.92
  6.1.1 Trading income                                      –
  6.1.2 Exchange and revaluation adjustment expense                             147.78
  6.1.3 Fees and commission income                             359.14
  6.1.4 Other non-interest income                                      –
 6.2 Other income                             229.26
7 Other expense                         3,751.17
 7.1 Non-interest expense                         3,637.07
  7.1.1 Other provision expense                               47.76
  7.1.2 Trade expense                               83.05
  7.1.3 Exchange and revaluation adjustment expense                                      –
  7.1.4 Fees and commission expense                             172.36
  7.1.5 Other operating expense                         3,333.91
 7.2 Other expense                             114.10
8 Profit Before Tax (5+6-7)                         5,476.80
9 Income tax expense                             892.27
10 Profit After Taxes (8-9)                         4,584.53
11 Other comprehensive income                                      –
12 Total comprehensive income for the year (10+11)                         4,584.53
OFF BALANCE SHEET
(in millions of MNT)
Contingencies and commitments (net)                         2,550.28
PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA
Ratios Limit Bank
Tier 1 ratio ≥ 9% 21.0%
Capital adequacy ratio ≥ 12% 21.0%
Liquidity ≥ 25% 37.3%
Foreign currency open position ratio (by each currency) < ±15% 3.0%
Foreign currency open position ratio (total) < ±40% 3.2%

 

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK
(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)
1.1. Shareholders of the Bank  –
1.2. Key management personnel  Loan          23.29 0.0%
1.3. Other related parties  Loan    2,251.02 2.8%
2 Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1. Shareholders of the Bank  –
2.2. Key management personnel  Loan          68.94 0.1%
2.3. Other related parties  Loan    4,648.60 5.7%
Categories
Quarterly financial statements

Year-2019 Quarter- 1

Quarter-1,2019
FINANCIAL STATEMENT
(in millions of MNT)
Items 3/31/2019
1 ASSET
1.1 Cash and cash equivalents                        145,008.46
1.2 Due from banks and financial institutions                                          –
1.3 Financial investments                          82,764.14
 1.3.1 Investmens in associates                                          –
1.4 Loans and advances to customers (net)                        278,303.91
 1.4.1 Performing loans                        270,176.04
 1.4.2 Non-performing loans                             9,200.00
 1.4.3 Deferred loan payment                                          –
 1.4.4 Accrued interest receivable                             1,196.14
 1.4.5 Loan Loss Provision                          (2,268.27)
1.5 Derivative financial assets                                          –
1.6 Other financial assets                                   47.22
1.7 Other non-financial assets                                920.20
1.8 Fixed assets (net)                             4,738.28
1.9 Real estate for investment                                          –
1.10 Assets for sale                                          –
1.11 Intangible assets                                618.16
1.12 Total assets                        512,400.36
2 LIABILITIES
2.1 Current account                          10,948.91
2.2 Savings account                          99,473.78
2.3 Due to banks and financial instituitions                        229,355.93
2.4 Other deposits                          59,285.21
2.5 Other liabilities                          33,763.59
2.10 Total liabilities                        432,827.40
3 EQUITY
3.1 Share capital                          78,000.00
3.2 Share premium                                          –
3.3 Treasury shares                                          –
3.4 Revaluation surplus                                     0.57
3.5 Retained earnings /loss/                             1,544.44
3.6 Other reserves                                   27.95
3.7 Total equity                          79,572.96
4 TOTAL LIABILITIES AND EQUITY                        512,400.36
INCOME STATEMENT
(in millions of MNT)
Items 3/31/2019
1 Interest income                          12,999.93
 1.1 From Bank of Mongolia                                   29.61
 1.2 From Other banks & financial institutions                             1,095.69
 1.3 From securities                             2,209.17
 1.4 From loans                             9,665.45
 1.5 Other interest income                                          –
2 Interest expense                             8,615.83
 2.1 Interest expense on current account                                131.66
 2.2 Interest expense on savings account                             7,565.79
 2.3 Interest expense on borrowed funds                                     2.56
 2.4 Interest expense on securities                                868.06
 2.5 Other interest expense                                   47.77
3 NET INTEREST INCOME (1-2)                             4,384.09
4 Provision expenses                                364.34
 4.1 Deposits at other banks and financial institutions                                          –
 4.2 Securities                                          –
 4.3 Loans                                364.34
5 Net interest income after provision [(3)-(4)]                             4,019.76
6 Other income                                403.83
 6.1 Non-interest income                                302.03
  6.1.1 Trading income                                          –
  6.1.2 Exchange and revaluation adjustment expense                                130.02
  6.1.3 Fees and commission income                                172.01
  6.1.4 Other non-interest income                                          –
 6.2 Other income                                101.80
7 Other expense                             1,831.42
 7.1 Non-interest expense                             1,792.77
  7.1.1 Other provision expense                                     2.39
  7.1.2 Trade expense                                117.87
  7.1.3 Exchange and revaluation adjustment expense                                          –
  7.1.4 Fees and commission expense                                105.09
  7.1.5 Other operating expense                             1,567.43
 7.2 Other expense                                   38.65
8 Profit Before Tax (5+6-7)                             2,592.16
9 Income tax expense                                234.78
10 Profit After Taxes (8-9)                             2,357.37
11 Other comprehensive income                                          –
12 Total comprehensive income for the year (10+11)                             2,357.37
OFF BALANCE SHEET
(in millions of MNT)
Contingencies and commitments (net)                             1,259.38
PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA
Ratios Limit Bank
Tier 1 ratio ≥ 9% 22.4%
Capital adequacy ratio ≥ 12% 22.4%
Liquidity ≥ 25% 36.3%
Foreign currency open position ratio (by each currency) < ±15% -5.5%
Foreign currency open position ratio (total) < ±40% -5.5%

 

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK
(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)
1.1. Shareholders of the Bank  –
1.2. Key management personnel
1.3. Other related parties  Loan    2,251.02 2.8%
2 Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1. Shareholders of the Bank
2.2. Key management personnel  Loan       130.01 0.2%
2.3. Other related parties  Loan    4,820.56 6.1%
Categories
Quarterly financial statements

Year-2018 Quarter- 4

Quarter-4,2018
FINANCIAL STATEMENT
(in millions of MNT)
Items 12/31/2018
1 ASSET
1.1 Cash and cash equivalents                        179,445.56
1.2 Due from banks and financial institutions                                          –
1.3 Financial investments                          29,448.48
 1.3.5 Investmens in associates                                          –
1.4 Loans and advances to customers (net)                        289,073.00
 1.4.1 Performing loans                        289,703.70
 1.4.2 Non-performing loans                                          –
 1.4.6 Deferred loan payment                                          –
 1.4.7 Accrued interest receivable                             1,275.20
 1.4.8 Loan Loss Provision                          (1,905.90)
1.5 Derivative financial assets                                          –
1.6 Other financial assets                                     0.24
1.7 Other non-financial assets                             1,057.13
1.8 Fixed assets (net)                             2,181.15
1.9 Real estate for investment                                          –
1.10 Assets for sale                                          –
1.11 Intangible assets                                636.57
1.12 Total assets                        501,842.13
2 LIABILITIES
2.1 Current account                          10,433.89
2.2 Savings account                        137,691.26
2.3 Due to banks and financial instituitions                        215,439.38
2.4 Other deposits                          29,688.82
2.5 Other liabilities                          31,373.19
2.10 Total liabilities                        424,626.55
3 EQUITY
3.1 Share capital                          78,000.00
3.2 Share premium                                          –
3.3 Treasury shares                                          –
3.4 Revaluation surplus                                     0.57
3.5 Retained earnings /loss/                              (812.94)
3.6 Other reserves                                   27.95
3.7 Total equity                          77,215.58
4 TOTAL LIABILITIES AND EQUITY                        501,842.13
INCOME STATEMENT
(in millions of MNT)
Items 12/31/2018
1 Interest income                          24,673.36
 1.1 From Bank of Mongolia                                299.30
 1.2 From Other banks & financial institutions                             2,147.45
 1.3 From securities                             4,626.95
 1.4 From loans                          17,599.66
 1.5 Other interest income                                          –
2 Interest expense                          12,976.56
 2.1 Interest expense on current account                             1,314.77
 2.2 Interest expense on savings account                          11,120.31
 2.3 Interest expense on borrowed funds                                     6.12
 2.4 Interest expense on securities                                535.36
 2.5 Other interest expense                                          –
3 NET INTEREST INCOME (1-2)                          11,696.81
4 Provision expenses                             1,555.95
 4.1 Deposits at other banks and financial institutions                                   59.22
 4.2 Securities                                   64.99
 4.3 Loans                             1,431.74
5 Net interest income after provision [(3)-(4)]                          10,140.85
6 Other income                             1,447.68
 6.1 Non-interest income                             1,331.13
  6.1.1 Trading income                                563.08
  6.1.2 Exchange and revaluation adjustment expense                                          –
  6.1.3 Fees and commission income                                768.06
  6.1.4 Other non-interest income                                          –
 6.2 Other income                                116.55
7 Other expense                             6,355.05
 7.1 Non-interest expense                             5,982.50
  7.1.1 Other provision expense                                     0.03
  7.1.2 Trade expense                                          –
  7.1.3 Exchange and revaluation adjustment expense                                231.65
  7.1.4 Fees and commission expense                                266.37
  7.1.5 Other operating expense                             5,484.45
 7.2 Other expense                                372.55
8 Profit Before Tax (5+6-7)                             5,233.49
9 Income tax expense                             1,408.14
10 Profit After Taxes (8-9)                             3,825.35
11 Other comprehensive income                                   64.99
12 Total comprehensive income for the year (10+11)                             3,890.33
OFF BALANCE SHEET
(in millions of MNT)
Contingencies and commitments (net)                             1,428.91
PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA
Ratios Limit Bank
Tier 1 ratio ≥ 9% 24.2%
Capital adequacy ratio ≥ 12% 24.2%
Liquidity ≥ 25% 33.7%
Foreign currency open position ratio (by each currency) < ±15% 8.6%
Foreign currency open position ratio (total) < ±40% 8.8%

 

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK
(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)
1.1. Shareholders of the Bank  –
1.2. Key management personnel
1.3. Other related parties  Loan    2,251.02 2.9%
2 Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1. Shareholders of the Bank
2.2. Key management personnel
2.3. Other related parties  Loan    4,893.10 6.3%
Categories
Quarterly financial statements

Year-2018 Quarter- 3

Quarter-3,2018
FINANCIAL STATEMENT
(in millions of MNT)
Items 9/30/2018
1 ASSET
1.1 Cash and cash equivalents                                 97,761.02
1.2 Due from banks                                                –
1.3 Financial investments (available for sale)                                 73,656.61
 1.3.5 Investmens in associates                                                –
1.4 Loans and advances to customers (net)                              149,233.84
 1.4.1 Performing loans                              149,568.40
 1.4.2 Non-performing loans                                                –
 1.4.6 Deferred loan payment                                                –
 1.4.7 Accrued interest receivable                                       570.03
 1.4.8 (Loan Loss Provision)                                    (904.59)
1.5 Derivative financial assets                                                –
1.6 Other financial assets                                           0.72
1.7 Other non-financial assets                                   1,495.25
1.8 Fixed assets (net)                                   2,273.81
1.9 Real estate for investment                                                –
1.10 Assets for sale                                                –
1.11 Intangible assets                                       528.61
1.12 Total assets                              324,949.85
2 LIABILITIES
2.1 Current account                                   1,578.97
2.2 Savings                                 35,012.58
2.3 Due to banks & financial instituitions                              106,525.25
2.4 Other deposits                                 73,672.58
2.5 Other liabilities                                 37,133.63
2.10 Total liabilities                              253,923.01
3 EQUITY
3.1 Share capital                                 72,000.00
3.2 Share premium                                                –
3.3 Treasury stock                                                –
3.4 Revaluation surplus                                           0.57
3.5 Retained earnings                                 (1,001.68)
3.6 Other reserves                                         27.95
3.7 Total equity                                 71,026.84
4 TOTAL LIABILITIES AND EQUITY                              324,949.85
INCOME STATEMENT
(in millions of MNT)
Items 9/30/2018
1 Interest income                                 14,959.50
 1.1 from Bank of Mongolia                                       271.20
 1.2 From Other banks & financial institutions                                   1,283.94
 1.3 from BoM securities                                   3,011.94
 1.4 Loan interest income                                 10,392.42
 1.5 Other interest income                                                –
2 Interest expense                                   6,998.57
 2.1 Interests paid to Current account                                   1,110.73
 2.2 Interests paid to Savings                                   5,530.31
 2.3 Interest paid to Borrowed fund                                           5.64
 2.4 Securities interest expense                                       351.89
 2.5 Other interest expense                                                –
3 NET INTEREST INCOME (1-2)                                   7,960.92
4 Provision expenses                                       473.31
 4.1 Deposits at other banks and financial sectors                                         22.21
 4.2 Securities                                           5.54
 4.3 Loans                                       445.56
5 Net interest income after provision [(3)-(4)]                                   7,487.61
6 Other income                                       904.78
 6.1 Non-interest income                                       815.09
  6.1.1 Trade income                                                –
  6.1.2 Exchange and revaluation adjustment expense                                       305.21
  6.1.3 Fees and commission income                                       509.88
  6.1.4 Other non-interest income                                                –
 6.2 Other income                                         89.69
7 Other expense                                   4,454.89
 7.1 Non-interest expense                                   4,195.66
  7.1.1 Other provision expense                                           0.03
  7.1.2 Trade expense                                         36.65
  7.1.3 Exchange and revaluation adjustment expense                                                –
  7.1.4 Fees and commission expense                                       215.31
  7.1.5 Other operating expense                                   3,943.68
 7.2 Other expense                                       259.23
8 Net Profit Before Taxes (5+6-7)                                   3,937.50
9 Income tax expense                                       241.45
10 Net Profit After Taxes (8-9)                                   3,696.05
11 Other comprehensive income                                           5.54
12 Total comprehensive income for the year (10+11)                                   3,701.59
OFF BALANCE SHEET
(in millions of MNT)
Contingencies and commitments (net)                                   2,175.25
PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA
Ratios Limit Bank
Tier 1 ratio ≥ 9% 38.2%
Capital adequacy ratio ≥ 12% 38.2%
Liquidity ≥ 25% 33.2%
Foreign currency open position ratio (by each currency) < ±15% 7.7%
Foreign currency open position ratio (total) < ±40% 8.0%

 

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK
(in millions of MNT)
Related parties Category of assets Balance Share to capita
1 Loans and other equivalent asset provided to a related party (less than 5% of capital)
1.1. Shareholders of the Bank  –
1.2. Key management personnel
1.3. Other related parties  Loan      2,257.7 3.2%
2 Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1. Shareholders of the Bank
2.2. Key management personnel
2.3. Other related parties  Loan    4,934.08 6.9%
Categories
Quarterly financial statements

Year-2018 Quarter- 2

Quarter-2,2018
FINANCIAL STATEMENT
(in millions of MNT)
Items 6/30/2018
1 ASSET
1.1 Cash and cash equivalents                              140,633.16
1.2 Due from banks                                                –
1.3 Financial investments (available for sale)                                 44,977.37
 1.3.5 Investmens in associates                                                –
1.4 Loans and advances to customers (net)                              120,164.99
 1.4.1 Performing loans                              120,386.43
 1.4.2 Non-performing loans                                                –
 1.4.6 Deferred loan payment                                                –
 1.4.7 Accrued interest receivable                                       442.49
 1.4.8 (Loan Loss Provision)                                    (663.93)
1.5 Derivative financial assets                                         21.97
1.6 Other financial assets                                           0.30
1.7 Other non-financial assets                                       634.84
1.8 Fixed assets (net)                                   2,439.84
1.9 Real estate for investment                                                –
1.10 Assets for sale                                                –
1.11 Intangible assets                                       600.15
1.12 Total assets                              309,472.63
2 LIABILITIES
2.1 Current account                                       808.26
2.2 Savings                                 37,327.98
2.3 Due to banks & financial instituitions                              125,098.55
2.4 Other deposits                                 45,000.00
2.5 Other liabilities                                 31,838.72
2.10 Total liabilities                              240,073.51
3 EQUITY
3.1 Share capital                                 72,000.00
3.2 Share premium                                                –
3.3 Treasury stock                                                –
3.4 Revaluation surplus                                           0.57
3.5 Retained earnings                                 (2,629.40)
3.6 Other reserves                                         27.95
3.7 Total equity                                 69,399.12
4 TOTAL LIABILITIES AND EQUITY                              309,472.63
INCOME STATEMENT
(in millions of MNT)
Items 6/30/2018
1 Interest income                                   9,085.18
 1.1 from Bank of Mongolia                                       209.48
 1.2 From Other banks & financial institutions                                       624.58
 1.3 from BoM securities                                   1,997.30
 1.4 Loan interest income                                   6,253.83
 1.5 Other interest income                                                –
2 Interest expense                                   4,199.37
 2.1 Interests paid to Current account                                       792.04
 2.2 Interests paid to Savings                                   3,251.02
 2.3 Interest paid to Borrowed fund                                           5.48
 2.4 Securities interest expense                                       150.83
 2.5 Other interest expense                                                –
3 NET INTEREST INCOME (1-2)                                   4,885.81
4 Provision expenses                                       301.77
 4.1 Deposits at other banks and financial sectors                                                –
 4.2 Securities                                                –
 4.3 Loans                                       301.77
5 Net interest income after provision [(3)-(4)]                                   4,584.04
6 Other income                                       421.11
 6.1 Non-interest income                                       355.06
  6.1.1 Trade income                                         89.43
  6.1.2 Exchange and revaluation adjustment expense                                                –
  6.1.3 Fees and commission income                                       265.64
  6.1.4 Other non-interest income                                                –
 6.2 Other income                                         66.05
7 Other expense                                   2,882.12
 7.1 Non-interest expense                                   2,709.72
  7.1.1 Other provision expense                                                –
  7.1.2 Trade expense                                                –
  7.1.3 Exchange and revaluation adjustment expense                                         29.00
  7.1.4 Fees and commission expense                                       118.02
  7.1.5 Other operating expense                                   2,562.71
 7.2 Other expense                                       172.40
8 Net Profit Before Taxes (5+6-7)                                   2,123.03
9 Income tax expense                                       147.15
10 Net Profit After Taxes (8-9)                                   1,975.88
11 Other comprehensive income                                                –
12 Total comprehensive income for the year (10+11)                                   1,975.88
OFF BALANCE SHEET
(in millions of MNT)
Contingencies and commitments (net)                                   8,643.90
PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA
Ratios Limit Bank
Tier 1 ratio ≥ 9% 43.9%
Capital adequacy ratio ≥ 12% 43.9%
Liquidity ≥ 25% 54.7%
Foreign currency open position ratio (by each currency) < ±15% -9.1%
Foreign currency open position ratio (total) < ±40% -9.1%

 

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK
(in millions of MNT)
Related parties Category of assets Balance Share to capita
1 Loans and other equivalent asset provided to a related party (less than 5% of capital)
1.1. Shareholders of the Bank  –
1.2. Key management personnel
1.3. Other related parties  Loan      2,247.9 3.2%
2 Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1. Shareholders of the Bank
2.2. Key management personnel
2.3. Other related parties  Loan    4,579.40 6.6%
Categories
Quarterly financial statements

Year-2018 Quarter- 1

Quarter-1,2018
FINANCIAL STATEMENT
(in millions of MNT)
Items 3/31/2018
1 ASSET
1.1 Cash and cash equivalents                                 99,074.33
1.2 Due from banks                                                –
1.3 Financial investments (available for sale)                                 29,995.91
 1.3.5 Investmens in associates                                                –
1.4 Loans and advances to customers (net)                              109,631.31
 1.4.1 Performing loans                              109,669.44
 1.4.2 Non-performing loans                                                –
 1.4.6 Deferred loan payment                                                –
 1.4.7 Accrued interest receivable                                       510.22
 1.4.8 (Loan Loss Provision)                                    (548.35)
1.5 Derivative financial assets                                       174.79
1.6 Other financial assets                                           0.11
1.7 Other non-financial assets                                   8,612.51
1.8 Fixed assets (net)                                   2,364.92
1.9 Real estate for investment                                                –
1.10 Assets for sale                                                –
1.11 Intangible assets                                       592.70
1.12 Total assets                              250,446.59
2 LIABILITIES
2.1 Current account                                   4,345.75
2.2 Savings                                   4,564.23
2.3 Due to banks & financial instituitions                              141,603.13
2.4 Other deposits                                 30,000.00
2.5 Other liabilities                                 23,204.13
2.10 Total liabilities                              203,717.24
3 EQUITY
3.1 Share capital                                 50,000.00
3.2 Share premium                                                –
3.3 Treasury stock                                                –
3.4 Revaluation surplus                                           0.57
3.5 Retained earnings                                 (3,299.17)
3.6 Other reserves                                         27.95
3.7 Total equity                                 46,729.34
4 TOTAL LIABILITIES AND EQUITY                              250,446.59
INCOME STATEMENT
(in millions of MNT)
Items 3/31/2018
1 Interest income                                   4,139.96
 1.1 from Bank of Mongolia                                         80.62
 1.2 From Other banks & financial institutions                                       133.68
 1.3 from BoM securities                                   1,204.21
 1.4 Loan interest income                                   2,721.44
 1.5 Other interest income                                                –
2 Interest expense                                   1,682.84
 2.1 Interests paid to Current account                                       419.15
 2.2 Interests paid to Savings                                   1,222.68
 2.3 Interest paid to Borrowed fund                                           2.55
 2.4 Securities interest expense                                         38.47
 2.5 Other interest expense                                                –
3 NET INTEREST INCOME (1-2)                                   2,457.11
4 Provision expenses                                       192.97
 4.1 Deposits at other banks and financial sectors                                                –
 4.2 Securities                                                –
 4.3 Loans                                       192.97
5 Net interest income after provision [(3)-(4)]                                   2,264.14
6 Other income                                       280.03
 6.1 Non-interest income                                       250.59
  6.1.1 Trade income                                         53.96
  6.1.2 Exchange and revaluation adjustment expense                                       101.38
  6.1.3 Fees and commission income                                         95.25
  6.1.4 Other non-interest income
 6.2 Other income                                         29.44
7 Other expense                                   1,238.07
 7.1 Non-interest expense                                   1,175.98
  7.1.1 Other provision expense                                                –
  7.1.2 Trade expense
  7.1.3 Exchange and revaluation adjustment expense
  7.1.4 Fees and commission expense                                         69.74
  7.1.5 Other operating expense                                   1,106.24
 7.2 Other expense                                         62.09
8 Net Profit Before Taxes (5+6-7)                                   1,306.11
9 Income tax expense
10 Net Profit After Taxes (8-9)                                   1,306.11
11 Other comprehensive income                                                –
12 Total comprehensive income for the year (10+11)                                   1,306.11
OFF BALANCE SHEET
(in millions of MNT)
Contingencies and commitments (net)                                       733.48
PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA
Ratios Limit Bank
Tier 1 ratio ≥ 9% 31.5%
Capital adequacy ratio ≥ 12% 31.5%
Liquidity ≥ 25% 45.6%
Foreign currency open position ratio (by each currency) < ±15% -13.0%
Foreign currency open position ratio (total) < ±40% -20.9%

 

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK
(in millions of MNT)
Related parties Category of assets Balance Share to capita
1 Loans and other equivalent asset provided to a related party (less than 5% of capital)
1.1. Shareholders of the Bank
1.2. Key management personnel
1.3. Other related parties зээл      2,200.0 4.7%
2 Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1. Shareholders of the Bank
2.2. Key management personnel
2.3. Other related parties зээл    4,493.88 9.6%
Categories
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Categories
Quarterly financial statements

Year-2017 Quarter- 4

Quarter-4,2017
FINANCIAL STATEMENT
(in thousands of MNT)
Items 12/31/2017
1 ASSET
1.1 Cash and cash equivalents                        92,374,661.95
1.2 Due from banks
1.3 Financial investments (available for sale)                        36,950,056.54
 1.3.1 Investmens in associates                                                –
1.4 Loans and advances to customers (net)                        70,483,770.64
 1.4.1 Performing loans                        70,498,854.50
 1.4.2 Non-performing loans                                                –
 1.4.6 Deferred loan payment                                                –
 1.4.7 Accrued interest receivable                              337,410.42
 1.4.8 (Loan Loss Provision)                            (352,494.27)
1.5 Derivative financial assets                                                –
1.6 Other financial assets                                                –
1.7 Other non-financial assets                              963,714.36
1.8 Fixed assets (net)                           1,734,329.33
1.9 Real estate for investment                                                –
1.10 Assets for sale                                                –
1.11 Intangible assets                              540,031.13
1.12 Total assets                      203,046,563.95
2 LIABILITIES
2.1 Current account                              225,247.43
2.2 Savings                                 29,095.80
2.3 Due to banks & financial instituitions                      109,986,762.71
2.4 Other deposits                        37,000,000.00
2.5 Other liabilities                        10,382,219.37
2.10 Total liabilities                      157,623,325.30
3 EQUITY
3.1 Share capital                        50,000,000.00
3.2 Share premium                                                –
3.3 Treasury stock                                                –
3.4 Revaluation surplus                                       571.18
3.5 Retained earnings                        (4,605,279.22)
3.6 Other reserves                                 27,946.69
3.7 Total equity                        45,423,238.65
4 TOTAL LIABILITIES AND EQUITY                      203,046,563.95
INCOME STATEMENT
(in thousands of MNT)
Items 12/31/2017
1 Interest income                           3,504,839.66
 1.1 from Bank of Mongolia                                 81,660.11
 1.2 From Other banks & financial institutions                                   8,348.17
 1.3 from BoM securities                              845,570.89
 1.4 Loan interest income                           2,569,260.49
 1.5 Other interest income                                                –
2 Interest expense                              825,381.56
 2.1 Interests paid to Current account                                 93,803.09
 2.2 Interests paid to Savings                              659,187.64
 2.3 Interest paid to Borrowed fund                                 10,020.77
 2.4 Securities interest expense                                 62,370.06
 2.5 Other interest expense                                                –
3 NET INTEREST INCOME (1-2)                           2,679,458.10
4 Provision expenses                            (976,277.64)
 4.1 Deposits at other banks and financial sectors                                                –
 4.2 Securities                                                –
 4.3 Loans                            (976,277.64)
5 Net interest income after provision [(3)-(4)]                           3,655,735.74
6 Other income                              986,915.38
 6.1 Non-interest income                              632,039.34
  6.1.1 Trade income                                                –
  6.1.2 Exchange and revaluation adjustment expense                                   5,876.73
  6.1.3 Fees and commission income                                 94,703.23
  6.1.4 Other non-interest income                              531,459.38
 6.2 Other income                              354,876.04
7 Other expense                           2,447,533.45
 7.1 Non-interest expense                           2,014,954.21
  7.1.1 Other provision expense                              (17,135.86)
  7.1.2 Trade expense                              102,883.95
  7.1.3 Exchange and revaluation adjustment expense
  7.1.4 Fees and commission expense                              131,863.97
  7.1.5 Other operating expense                           1,797,342.15
 7.2 Other expense                              432,579.23
8 Net Profit Before Taxes (5+6-7)                           2,195,117.67
9 Income tax expense                              245,143.90
10 Net Profit After Taxes (8-9)                           1,949,973.77
11 Other comprehensive income                                                –
12 Total comprehensive income for the year (10+11)                           1,949,973.77
PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA
Ratios Limit Bank
Tier 1 ratio ≥ 9% 52.1%
Capital adequacy ratio ≥ 12% 52.1%
Liquidity ≥ 25% 58.6%
Foreign currency open position ratio (by each currency) < ±15% -14.7%
Foreign currency open position ratio (total) < ±40% -14.8%
Categories
Quarterly financial statements

Year-2017 Quarter- 3

Quarter-3,2017
FINANCIAL STATEMENT
(in thousands of MNT)
Items 9/30/2017
1 ASSET
1.1 Cash and cash equivalents                        37,223,285.98
1.2 Due from banks                                                –
1.3 Financial investments (available for sale)                                   9,140.00
 1.3.1 Investmens in associates                                                –
1.4 Loans and advances to customers (net)                        24,204,597.47
 1.4.1 Performing loans                        24,216,432.52
 1.4.2 Non-performing loans                                                –
 1.4.6 Deferred loan payment                                                –
 1.4.7 Accrued interest receivable                              109,247.11
 1.4.8 (Loan Loss Provision)                            (121,082.16)
1.5 Derivative financial assets                                                –
1.6 Other financial assets                                       631.17
1.7 Other non-financial assets                              672,768.56
1.8 Fixed assets (net)                              357,131.57
1.9 Real estate for investment                                                –
1.10 Assets for sale                                                –
1.11 Intangible assets                              517,525.62
1.12 Total assets                        62,985,080.37
2 LIABILITIES
2.1 Current account                                 91,814.72
2.2 Savings                                 29,494.39
2.3 Due to banks & financial instituitions                        17,337,546.37
2.4 Other deposits                                                –
2.5 Other liabilities                              158,427.47
2.10 Total liabilities                        17,617,282.96
3 EQUITY
3.1 Share capital                        50,000,000.00
3.2 Share premium                                                –
3.3 Treasury stock                                                –
3.4 Revaluation surplus                                 16,353.39
3.5 Retained earnings                        (4,676,502.66)
3.6 Other reserves                                 27,946.69
3.7 Total equity                        45,367,797.41
4 TOTAL LIABILITIES AND EQUITY                        62,985,080.37
INCOME STATEMENT
(in thousands of MNT)
Items 9/30/2017
1 Interest income                           1,085,342.25
 1.1 from Bank of Mongolia                                                –
 1.2 From Other banks & financial institutions                                         34.87
 1.3 from BoM securities                                 98,538.93
 1.4 Loan interest income                              986,768.45
 1.5 Other interest income                                                –
2 Interest expense                                 60,589.72
 2.1 Interests paid to Current account                                                –
 2.2 Interests paid to Savings                                 60,589.72
 2.3 Interest paid to Borrowed fund                                                –
 2.4 Securities interest expense                                                –
 2.5 Other interest expense                                                –
3 NET INTEREST INCOME (1-2)                           1,024,752.54
4 Provision expenses                                 94,708.05
 4.1 Deposits at other banks and financial sectors                                                –
 4.2 Securities                                                –
 4.3 Loans                                 94,708.05
5 Net interest income after provision [(3)-(4)]                              930,044.48
6 Other income                           2,904,819.88
 6.1 Non-interest income                           2,873,363.70
  6.1.1 Trade income                              177,280.39
  6.1.2 Exchange and revaluation adjustment expense                              492,055.67
  6.1.3 Fees and commission income                                 57,182.81
  6.1.4 Other non-interest income                           2,146,844.83
 6.2 Other income                                 31,456.17
7 Other expense                           1,934,915.36
 7.1 Non-interest expense                           1,679,168.24
  7.1.1 Other provision expense                                                –
  7.1.2 Trade expense                              273,445.37
  7.1.3 Exchange and revaluation adjustment expense                              443,691.94
  7.1.4 Fees and commission expense                                 72,104.35
  7.1.5 Other operating expense                              889,926.58
 7.2 Other expense                              255,747.12
8 Net Profit Before Taxes (5+6-7)                           1,899,948.99
9 Income tax expense                                 21,198.67
10 Net Profit After Taxes (8-9)                           1,878,750.33
11 Other comprehensive income                                                –
12 Total comprehensive income for the year (10+11)                           1,878,750.33
PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA
Ratios Limit Bank
Tier 1 ratio ≥ 9% 110.1%
Capital adequacy ratio ≥ 12% 110.1%
Liquidity ≥ 25% 211.4%
Foreign currency open position ratio (by each currency) < ±15% 14.4%
Foreign currency open position ratio (total) < ±40% 37.3%
Categories
Quarterly financial statements

Year-2017 Quarter- 2

Quarter-2,2017
FINANCIAL STATEMENT
(in thousands of MNT)
Items 6/30/2017
1 ASSET
1.1 Cash and cash equivalents                           4,461,432.55
1.2 Due from banks                                                –
1.3 Financial investments (available for sale)                                   9,140.00
 1.3.1 Investmens in associates                                                –
1.4 Loans and advances to customers (net)                           5,257,693.83
 1.4.1 Performing loans                           5,277,139.73
 1.4.2 Non-performing loans                              633,521.07
 1.4.6 Deferred loan payment                                                –
 1.4.7 Accrued interest receivable                                   6,939.80
 1.4.8 (Loan Loss Provision)                            (659,906.76)
1.5 Derivative financial assets                                                –
1.6 Other financial assets                              580,129.04
1.7 Other non-financial assets                              251,482.26
1.8 Fixed assets (net)                              287,938.01
1.9 Real estate for investment                                                –
1.10 Assets for sale                                                –
1.11 Intangible assets                              306,002.14
1.12 Total assets                        11,153,817.84
2 LIABILITIES
2.1 Current account                                 71,231.98
2.2 Savings                                 28,817.65
2.3 Due to banks & financial instituitions                                       557.55
2.4 Other deposits                                                –
2.5 Other liabilities                              247,976.02
2.10 Total liabilities                              348,583.19
3 EQUITY
3.1 Share capital                        16,000,000.00
3.2 Share premium                                                –
3.3 Treasury stock                                                –
3.4 Revaluation surplus                                 16,353.39
3.5 Retained earnings                        (5,239,065.43)
3.6 Other reserves                                 27,946.69
3.7 Total equity                        10,805,234.65
4 TOTAL LIABILITIES AND EQUITY                        11,153,817.84
INCOME STATEMENT
(in thousands of MNT)
Items 6/30/2017
1 Interest income                              550,896.43
 1.1 from Bank of Mongolia                                                –
 1.2 From Other banks & financial institutions                                                –
 1.3 from BoM securities                                                –
 1.4 Loan interest income                              550,896.43
 1.5 Other interest income                                                –
2 Interest expense                                   1,188.37
 2.1 Interests paid to Current account                                                –
 2.2 Interests paid to Savings                                   1,188.37
 2.3 Interest paid to Borrowed fund                                                –
 2.4 Securities interest expense                                                –
 2.5 Other interest expense                                                –
3 NET INTEREST INCOME (1-2)                              549,708.06
4 Provision expenses                                                –
 4.1 Deposits at other banks and financial sectors                                                –
 4.2 Securities                                                –
 4.3 Loans                                                –
5 Net interest income after provision [(3)-(4)]                              549,708.06
6 Other income                           1,650,627.93
 6.1 Non-interest income                           1,476,655.13
  6.1.1 Trade income                                                –
  6.1.2 Exchange and revaluation adjustment expense                                 80,239.62
  6.1.3 Fees and commission income                                 14,133.37
  6.1.4 Other non-interest income                           1,382,282.13
 6.2 Other income                              173,972.80
7 Other expense                              872,335.45
 7.1 Non-interest expense                              624,624.08
  7.1.1 Other provision expense                                   5,569.74
  7.1.2 Trade expense                                                –
  7.1.3 Exchange and revaluation adjustment expense                                 78,981.75
  7.1.4 Fees and commission expense                                 29,982.60
  7.1.5 Other operating expense                              510,089.97
 7.2 Other expense                              247,711.37
8 Net Profit Before Taxes (5+6-7)                           1,328,000.54
9 Income tax expense                                 11,812.98
10 Net Profit After Taxes (8-9)                           1,316,187.56
11 Other comprehensive income                                                –
12 Total comprehensive income for the year (10+11)                           1,316,187.56
PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA
Ratios Limit Bank
Tier 1 ratio ≥ 9% 188.7%
Capital adequacy ratio ≥ 12% 189.0%
Liquidity ≥ 25% 1279.9%
Foreign currency open position ratio (by each currency) < ±15% -0.2%
Foreign currency open position ratio (total) < ±40% -0.3%
Categories
Quarterly financial statements

Year-2017 Quarter- 1

Quarter-1,2017
FINANCIAL STATEMENT
(in thousands of MNT)
Items 3/31/2017
1 ASSET
1.1 Cash and cash equivalents                           2,893,336.46
1.2 Due from banks                                                –
1.3 Financial investments (available for sale)                                   9,140.00
 1.3.1 Investmens in associates                                                –
1.4 Loans and advances to customers (net)                           5,513,505.86
 1.4.1 Performing loans                           1,860,000.00
 1.4.2 Non-performing loans                           5,619,208.19
 1.4.6 Deferred loan payment                                                –
 1.4.7 Accrued interest receivable                                 12,697.94
 1.4.8 (Loan Loss Provision)                        (1,978,400.27)
1.5 Derivative financial assets                                                –
1.6 Other financial assets                                                –
1.7 Other non-financial assets                              533,200.46
1.8 Fixed assets (net)                              750,332.98
1.9 Real estate for investment                                                –
1.10 Assets for sale                                                –
1.11 Intangible assets                              325,907.85
1.12 Total assets                        10,025,423.61
2 LIABILITIES
2.1 Current account                              103,166.43
2.2 Savings                                 40,879.59
2.3 Due to banks & financial instituitions                                       740.52
2.4 Other deposits                                                –
2.5 Other liabilities                              311,496.98
2.10 Total liabilities                              456,283.52
3 EQUITY
3.1 Share capital                        16,000,000.00
3.2 Share premium                                                –
3.3 Treasury stock                                                –
3.4 Revaluation surplus                                 16,353.39
3.5 Retained earnings                        (6,475,159.98)
3.6 Other reserves                                 27,946.69
3.7 Total equity                           9,569,140.10
4 TOTAL LIABILITIES AND EQUITY                        10,025,423.61
INCOME STATEMENT
(in thousands of MNT)
Items 3/31/2017
1 Interest income                              223,143.83
 1.1 from Bank of Mongolia                                                –
 1.2 From Other banks & financial institutions                                                –
 1.3 from BoM securities                                                –
 1.4 Loan interest income                              223,143.83
 1.5 Other interest income                                                –
2 Interest expense                                       691.13
 2.1 Interests paid to Current account                                                –
 2.2 Interests paid to Savings                                       691.13
 2.3 Interest paid to Borrowed fund                                                –
 2.4 Securities interest expense                                                –
 2.5 Other interest expense                                                –
3 NET INTEREST INCOME (1-2)                              222,452.70
4 Provision expenses                                   4,621.97
 4.1 Deposits at other banks and financial sectors                                                –
 4.2 Securities                                                –
 4.3 Loans                                   4,621.97
5 Net interest income after provision [(3)-(4)]                              217,830.74
6 Other income                              148,657.55
 6.1 Non-interest income                              148,657.55
  6.1.1 Trade income                                                –
  6.1.2 Exchange and revaluation adjustment expense                                 77,837.59
  6.1.3 Fees and commission income                                         92.25
  6.1.4 Other non-interest income                                 70,727.71
 6.2 Other income                                                –
7 Other expense                              286,395.27
 7.1 Non-interest expense                              283,069.34
  7.1.1 Other provision expense                                                –
  7.1.2 Trade expense                                                –
  7.1.3 Exchange and revaluation adjustment expense                                 77,642.42
  7.1.4 Fees and commission expense                                       430.40
  7.1.5 Other operating expense                              204,996.51
 7.2 Other expense                                   3,325.94
8 Net Profit Before Taxes (5+6-7)                                 80,093.01
9 Income tax expense                                                –
10 Net Profit After Taxes (8-9)                                 80,093.01
11 Other comprehensive income                                                –
12 Total comprehensive income for the year (10+11)                                 80,093.01
PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA
Ratios Limit Bank
Tier 1 ratio ≥ 9% 152.0%
Capital adequacy ratio ≥ 12% 152.3%
Liquidity ≥ 25% 634.1%
Foreign currency open position ratio (by each currency) < ±15% -0.3%
Foreign currency open position ratio (total) < ±40% -0.3%
Categories
Quarterly financial statements

Year-2016 Quarter- 4

Quarter-4,2016
FINANCIAL STATEMENT
(in thousand of MNT)
FINANCIAL STATEMENT  12/31/2016
ASSET
Cash and cash equivalents                  178,186.35
Due from banks                    53,779.47
Financial investments                                    –
Loans and advances to customers (net)              7,324,724.80
Foreclosed assets /net/              1,181,325.00
Other financial assets                  400,702.56
Fixed assets (net)                  740,948.95
Intangible assets                       7,763.51
Total assets              9,887,430.63
LIABILITIES
Current account                  161,484.32
Savings                    40,280.05
Other liabilities                  205,759.17
Total liabilities                  407,523.55
EQUITY
Ordinary shares            16,000,000.00
Revaluation surplus                    16,353.39
Other components of equity                    27,946.69
Retained earnings /loss/            (6,564,392.99)
Total equity              9,479,907.09
TOTAL LIABILITIES AND EQUITY              9,887,430.63
INCOME STATEMENT
(in thousand of MNT)
INCOME STATEMENT  12/31/2016
Interest income                  345,812.46
Interest expense                       1,859.26
NET INTEREST INCOME (1-2)                  343,953.20
Net trading gain/loss                        (174.37)
Foreign currency revaulation gain/loss                  (10,699.61)
Other operating income                             84.50
Non-interest income                  (10,789.48)
Net operating income                  333,163.72
Other operating expense                  587,792.72
Profit/loss before provision                (254,629.00)
Provision expense                  154,761.39
Net operating gain/loss                (409,390.39)
Non-operating income                  307,310.94
Non-operating expense                  324,633.10
Profit Before Tax                (426,712.55)
Income tax expense
Net profit                (426,712.55)
PREDENTIAL RATIOS BY THE BANK OF MONGOLIA Limit  12/31/2016
Capital adequacy ratio ≥ 12% 113.87%
Tier 1 ratio ≥ 9% 113.67%
Liquidity ≥ 25% 56.92%
Foreign currency open position ratio (by each currency) < ±15% -0.30%
Foreign currency open position ratio (total) < ±40% 0.20%
Consentration risk of credit ratio <20% <20% 21.10%
Related party’s debt to equity ratio <5% <5% 0.00%
Categories
Quarterly financial statements

Year-2016 Quarter- 3

Quarter-3,2016
FINANCIAL STATEMENT
(in thousand of MNT)
FINANCIAL STATEMENT  09/30/2016
ASSET
Cash and cash equivalents                       7,939.54
Due from banks                       9,775.04
Financial investments                       9,140.00
Loans and advances to customers (net)              7,793,044.93
Foreclosed assets /net/              1,181,325.00
Other financial assets                  290,850.93
Fixed assets (net)                  721,678.68
Intangible assets                       1,066.77
Total assets            10,014,820.90
LIABILITIES
Current account                  134,921.95
Savings                    29,359.59
Other liabilities                  165,348.67
Total liabilities                  329,630.21
EQUITY
Ordinary shares            16,000,000.00
Revaluation surplus                    16,353.39
Other components of equity                    27,946.69
Retained earnings /loss/            (6,359,109.38)
Total equity              9,685,190.69
TOTAL LIABILITIES AND EQUITY            10,014,820.90
INCOME STATEMENT
(in thousand of MNT)
INCOME STATEMENT  09/30/2016
Interest income                       9,755.16
Interest expense                       1,442.63
NET INTEREST INCOME (1-2)                       8,312.53
Net trading gain/loss                          (40.37)
Foreign currency revaulation gain/loss                    (6,444.75)
Other operating income                  293,138.46
Non-interest income                  286,653.34
Net operating income                  294,965.87
Other operating expense                  426,900.06
Profit/loss before provision                (131,934.20)
Provision expense                    89,494.75
Net operating gain/loss                (221,428.95)
Non-operating income
Non-operating expense
Profit Before Tax                (221,428.95)
Income tax expense
Net profit                (221,428.95)
PREDENTIAL RATIOS BY THE BANK OF MONGOLIA Limit  09/30/2016
Capital adequacy ratio ≥ 12% 43.29%
Tier 1 ratio ≥ 9% 43.10%
Liquidity ≥ 25% 5.37%
Foreign currency open position ratio (by each currency) < ±15% 1.60%
Foreign currency open position ratio (total) < ±40% 1.40%
Consentration risk of credit ratio <20% <20% 20.65%
Related party’s debt to equity ratio <5% <5% 1.14%