STATEMENT OF FINANCIAL POSITION
(MNT million)
| 1 | ASSETS | ||
| 1.1 | Cash and cash equivalents |
328,921 |
|
| 1.2 | Due from banks and financial institutions |
78,448 |
|
| 1.3 | Financial investments |
62,678 |
|
| 1.4 | Loans and advances to customers (net) |
671,768 |
|
| 1.4.1 | Performing loans |
632,883 |
|
| 1.4.2 | Non-performing loans |
62,023 |
|
| 1.4.3 | Deferred loan payment |
(159) |
|
| 1.4.4 | Accrued interest receivable |
15,013 |
|
| 1.4.5 | Loan loss provision |
(37,992) |
|
| 1.5 | Derivative financial assets |
2,443 |
|
| 1.6 | Other financial assets |
318 |
|
| 1.7 | Other non-financial assets |
10,065 |
|
| 1.8 | Fixed assets |
19,603 |
|
| 1.9 | Properties held for sale |
26,184 |
|
| 1.1 | Intangible assets |
13,067 |
|
| 1.11 | Total assets |
1,213,495 |
|
| 2 | LIABILITIES | ||
| 2.1 | Current accounts |
92,072 |
|
| 2.2 | Savings accounts |
482,662 |
|
| 2.3 | Due to banks and financial institutions |
368,298 |
|
| 2.4 | Other funds |
47,667 |
|
| 2.5 | Derivative financial liabilities |
3,409 |
|
| 2.6 | Other liabilities |
22,488 |
|
| 2.7 | Total liabilities |
1,016,596 |
|
| 3 | EQUITY | ||
| 3.1 | Share capital |
146,474 |
|
| 3.2 | Share premium |
15,647 |
|
| 3.3 | Treasury shares |
(7,032) |
|
| 3.4 | Retained earnings |
41,711 |
|
| 3.5 | Other reserves |
99 |
|
| 3.6 | Total equity |
196,899 |
|
| 4 | TOTAL LIABILITIES AND EQUITY |
1,213,495 |
|
(MNT million)
| OFF BALANCE SHEET | |
| Contingencies and commitments (net) |
16,670 |
INCOME STATEMENT
(MNT million)
| 1 | Interest income |
117,629 |
| 1.1 | From Bank of Mongolia |
1,848 |
| 1.2 | From banks and financial institutions |
3,404 |
| 1.3 | From securities |
7,766 |
| 1.4 | From loans |
100,867 |
| 1.5 | Other interest income |
3,744 |
| 2 | Interest expense |
74,556 |
| 2.1 | Interest expense on current accounts |
1,878 |
| 2.2 | Interest expense on savings accounts |
61,858 |
| 2.3 | Interest expense on borrowed funds |
2,933 |
| 2.4 | Interest expense on securities |
1,051 |
| 2.5 | Other interest expenses |
6,836 |
| 3 | Net interest income (1-2) |
43,073 |
| 4 | Provision expense |
8,831 |
| 4.1 | Deposits at banks and financial institutions |
252 |
| 4.2 | Securities |
40 |
| 4.3 | Loans |
8,539 |
| 5 | Net income after provision (3-4) |
34,242 |
| 6 | Other income |
31,858 |
| 6.1 | Non-interest income | 31,115 |
| 6.1.1 | Trading income |
14,230 |
| 6.1.2 | Foreign exchange and revaluation income |
15,272 |
| 6.1.3 | Fees and commission income |
1,307 |
| 6.1.4 | Other non-interest income |
306 |
| 6.2 | Other income, gain |
743 |
| 7 | Other expenses |
53,991 |
| 7.1 | Non-interest expenses |
53,762 |
| 7.1.1 | Other provision expense |
381 |
| 7.1.2 | Trading expense |
10,974 |
| 7.1.3 | Foreign exchange and revaluation expense |
14,939 |
| 7.1.4 | Fees and commission expense |
1,499 |
| 7.1.5 | Other operating expenses |
25,969 |
| 7.2 | Other expenses, losses |
229 |
| 8 | Profit Before Tax (5+6-7) |
12,109 |
| 9 | Income tax expense |
1,484 |
| 10 | Net profit for the year (8-9) |
10,625 |
| 11 | Other comprehensive income |
52 |
| 12 | Total comprehensive income for the year (10+11) |
10,677 |
|
PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA |
LIMIT |
PERFORMANCE |
| Tier 1 capital ratio |
≥ 9% |
22.5% |
| Capital adequacy ratio |
≥ 12% |
22.5% |
| Liquidity ratio |
≥ 25% |
33.8% |
| Foreign currency open position ratio (single currency) |
< ±15% |
-2.9% |
| Foreign currency open position ratio (total) |
< ±30% |
-8.1% |
|
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 |
– |
– |
0.0% |
| 1.2 | Key management personnel |
– |
– |
0.0% |
| 1.3 | Other related parties |
Loan |
6,351 |
3.2% |
| 2 | Total loans and advances to related parties (less than 20% of total equity) |
12.4% |
||
| 2.1 | Bank shareholders |
Loan |
100 |
0.1% |
| 2.2 | Key management personnel |
Loan |
404 |
0.2% |
| 2.3 | Other related parties |
Loan |
23,907 |
12.1% |