STATEMENT OF FINANCIAL POSITION
(MNT million)
| 1 | ASSETS | ||
| 1.1 | Cash and cash equivalents |
212,146 |
|
| 1.2 | Due from banks and financial institutions |
69,464 |
|
| 1.3 | Financial investments |
47,977 |
|
| 1.4 | Loans and advances to customers (net) |
622,451 |
|
| 1.4.1 | Performing loans |
564,519 |
|
| 1.4.2 | Non-performing loans |
81,232 |
|
| 1.4.3 | Deferred loan payment |
(173) |
|
| 1.4.4 | Accrued interest receivable |
12,368 |
|
| 1.4.5 | Loan loss provision |
(35,495) |
|
| 1.5 | Derivative financial assets |
1,779 |
|
| 1.6 | Other financial assets |
692 |
|
| 1.7 | Other non-financial assets |
15,242 |
|
| 1.8 | Fixed assets |
20,019 |
|
| 1.9 | Properties held for sale |
14,184 |
|
| 1.1 | Intangible assets |
12,952 |
|
| 1.11 | Total assets |
1,016,906 |
|
| 2 | LIABILITIES | ||
| 2.1 | Current accounts |
77,018 |
|
| 2.2 | Savings accounts |
468,980 |
|
| 2.3 | Due to banks and financial institutions |
210,370 |
|
| 2.4 | Other funds |
34,960 |
|
| 2.5 | Derivative financial liabilities |
2,516 |
|
| 2.6 | Other liabilities |
32,496 |
|
| 2.7 | Total liabilities |
826,340 |
|
| 3 | EQUITY | ||
| 3.1 | Share capital |
146,474 |
|
| 3.2 | Share premium |
15,647 |
|
| 3.3 | Treasury shares |
(7,032) |
|
| 3.4 | Retained earnings |
35,419 |
|
| 3.5 | Other reserves |
58 |
|
| 3.6 | Total equity |
190,566 |
|
| 4 | TOTAL LIABILITIES AND EQUITY |
1,016,906 |
|
(MNT million)
| OFF BALANCE SHEET | |
| Contingencies and commitments (net) |
14,848 |
INCOME STATEMENT
(MNT million)
| 1 | Interest income |
80,756 |
| 1.1 | From Bank of Mongolia |
1,747 |
| 1.2 | From banks and financial institutions |
2,596 |
| 1.3 | From securities |
5,320 |
| 1.4 | From loans |
67,595 |
| 1.5 | Other interest income |
3,498 |
| 2 | Interest expense |
54,282 |
| 2.1 | Interest expense on current accounts |
1,394 |
| 2.2 | Interest expense on savings accounts |
44,869 |
| 2.3 | Interest expense on borrowed funds |
1,693 |
| 2.4 | Interest expense on securities |
913 |
| 2.5 | Other interest expenses |
5,413 |
| 3 | Net interest income (1-2) |
26,474 |
| 4 | Provision expense |
6,044 |
| 4.1 | Deposits at banks and financial institutions |
– |
| 4.2 | Securities |
– |
| 4.3 | Loans |
6,044 |
| 5 | Net income after provision (3-4) |
20,430 |
| 6 | Other income |
23,538 |
| 6.1 | Non-interest income |
23,433 |
| 6.1.1 | Trading income |
11,017 |
| 6.1.2 | Foreign exchange and revaluation income |
11,445 |
| 6.1.3 | Fees and commission income |
926 |
| 6.1.4 | Other non-interest income |
45 |
| 6.2 | Other income, gain |
105 |
| 7 | Other expenses |
39,472 |
| 7.1 | Non-interest expenses |
39,182 |
| 7.1.1 | Other provision expense |
9 |
| 7.1.2 | Trading expense |
8,753 |
| 7.1.3 | Foreign exchange and revaluation expense |
10,727 |
| 7.1.4 | Fees and commission expense |
982 |
| 7.1.5 | Other operating expenses |
18,711 |
| 7.2 | Other expenses, losses |
290 |
| 8 | Profit Before Tax (5+6-7) |
4,496 |
| 9 | Income tax expense |
211 |
| 10 | Net profit for the year (8-9) |
4,285 |
| 11 | Other comprehensive income |
– |
| 12 | Total comprehensive income for the year (10+11) |
4,285 |
|
PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA |
LIMIT |
PERFORMANCE |
| Tier 1 capital ratio |
≥ 9% |
24.3% |
| Capital adequacy ratio |
≥ 12% |
24.3% |
| Liquidity ratio |
≥ 25% |
29.0% |
| Foreign currency open position ratio (single currency) |
< ±15% |
1.8% |
| Foreign currency open position ratio (total) |
< ±30% |
4.5% |
| 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) |
3.3% |
||
| 1.1 | Bank shareholders |
– |
– |
– |
| 1.2 | Key management personnel |
– |
– |
– |
| 1.3 | Other related parties |
Loan |
6,353 |
3.3% |
| 2 | Total loans and advances to related parties (less than 20% of total equity) |
13.6% |
||
| 2.1 | Bank shareholders |
Loan |
100 |
0.1% |
| 2.2 | Key management personnel |
Loan |
415 |
0.2% |
| 2.3 | Other related parties |
Loan |
25,456 |
13.4% |