(MNT million)
| Balance sheet | 31/03/2023 | |
| 1 | ASSET | |
| 1.1 | Cash and cash equivalents |
313,498 |
| 1.2 | Due from banks and financial institutions |
75,269 |
| 1.3 | Financial investments |
89,237 |
| 1.4 | Loans and advances to customers (net) |
567,373 |
| 1.4.1 | Performing loans |
508,338 |
| 1.4.3 | Non-performing loans |
76,442 |
| 1.4.4 | Deferred loan payment |
(134) |
| 1.4.5 | Accrued interest receivable |
14,405 |
| 1.4.6 | Loan Loss Provision |
(31,678) |
| 1.5 | Derivative financial assets |
4,412 |
| 1.6 | Other financial assets |
536 |
| 1.7 | Other non-financial assets |
19,452 |
| 1.8 | Fixed assets (net) |
24,351 |
| 1.9 | Intangible assets |
10,401 |
| 1.10 | Total assets |
1,104,529 |
| 2 | Liabilities | |
| 2.1 | Current account |
90,942 |
| 2.2 | Savings account |
439,542 |
| 2.3 | Due to banks and financial institutions |
339,762 |
| 2.4 | Other funds |
20,703 |
| 2.5 | Derivative financial liabilities |
5,743 |
| 2.6 | Other liabilities |
18,021 |
| 2.7 | Total liabilities |
914,713 |
| 3 | Equity | |
| 3.1 | Share capital |
146,474 |
| 3.2 | Share premium |
15,647 |
| 3.3 | Treasury shares |
(7,032) |
| 3.4 | Revaluation surplus |
– |
| 3.5 | Retained earnings /loss/ |
34,670 |
| 3.6 | Other reserves |
57 |
| 4 | Total equity |
189,816 |
| 5 | Total liabilities and equity |
1,104,529 |
(MNT million)
| Income statement | 31/03/2023 | |
| 1 | Interest income |
28,666 |
| 1.1 | From Bank of Mongolia |
1,450 |
| 1.2 | Other banks & financial institutions |
714 |
| 1.3 | From securities |
1,801 |
| 1.4 | From loans |
22,442 |
| 1.5 | Other interest income |
2,259 |
| 2 | Interest expense |
17,630 |
| 2.1 | Interest expense on current account |
436 |
| 2.2 | Interest expense on savings account |
13,279 |
| 2.3 | Interest expense on borrowed funds |
536 |
| 2.4 | Interest expense on securities |
490 |
| 2.5 | Other interest expense |
2,889 |
| 3 | Net interest income (1-2) |
11,036 |
| 4 | Provision expenses (provision reverse income) |
2,168 |
| 4.1 | Deposits at other banks and financial institutions |
– |
| 4.2 | Securities |
– |
| 4.3 | Loans |
2,168 |
| 5 | Net interest income after provision [(3)-(4)] |
8,868 |
| 6 | Other income |
7,141 |
| 6.1 | Non-interest income |
7,081 |
| 6.1.1 | Trading income |
2,262 |
| 6.1.2 | Exchange and revaluation adjustment expense |
4,365 |
| 6.1.3 | Fees and commission income |
409 |
| 6.1.4 | Other non-interest income |
45 |
| 6.2 | Other income |
60 |
| 7 | Other expense |
12,273 |
| 7.1 | Non-interest expense |
12,242 |
| 7.1.1 | Other provision expense |
158 |
| 7.1.2 | Trade expense |
2,407 |
| 7.1.3 | Exchange and revaluation adjustment expense |
3,082 |
| 7.1.4 | Fees and commission expense |
472 |
| 7.1.5 | Other operating expense |
6,123 |
| 7.2 | Other expense |
31 |
| 8 | Profit Before Tax (5+6-7) |
3,736 |
| 9 | Income tax expense |
200 |
| 10 | Profit After Taxes (8-9) |
3,536 |
| 11 | Other comprehensive income |
– |
| 12 | Total comprehensive income for the year (10+11) |
3,536 |
(MNT million)
| Off balance sheet items | 31/03/2023 |
| Contingencies and commitments (net) |
9,149 |
| Prudential ratios by the Bank of Mongolia | Limit | 31/03/2023 |
| Tier 1 ratio |
≥ 9% |
26.7% |
| Capital adequacy ratio |
≥ 12% |
26.7% |
| Liquidity |
≥ 25% |
37.6% |
| Foreign currency open position ratio (by each currency) |
< ±15% |
4.8% |
| Foreign currency open position ratio (total) |
< ±30% |
5.2% |
(MNT million)
| Related parties | Category of assets | Outstanding balance | % in total Equity | |
| 1 | Loans and other equivalent assets provided to a related party (less than 5% of capital) |
3.3% |
||
| 1.1 | Shareholders of the Bank |
– |
– |
0.0% |
| 1.2 | Key management personnel |
– |
– |
0.0% |
| 1.3 | Other related parties |
Loan |
6,315 |
3.3% |
| 2 | Total Loans and other equivalent assets provided to related parties (less than 20% of capital) |
14.3% |
||
| 2.1 | Shareholders of the Bank |
Loan |
100 |
0.1% |
| 2.2 | Key management personnel |
Loan |
1,344 |
0.7% |
| 2.3 | Other related parties |
Loan |
25,636 |
13.5% |