2023 year II quarter

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)
3.4	Retained earnings	34,026
3.5	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	–	–	–
1.2	Key management personnel	–	–	–
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%

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