(MNT million)
STATEMENT OF FINANCIAL POSITION | 30/06/2024 | ||
1 | ASSETS | ||
1.1 | Cash and cash equivalents |
185,800 |
|
1.2 | Due from banks and financial institutions |
39,169 |
|
1.3 | Financial investments |
7,359 |
|
1.4 | Loans and advances to customers (net) |
642,972 |
|
1.4.1 | Performing loans |
612,821 |
|
1.4.2 | Non-performing loans |
58,444 |
|
1.4.3 | Deferred loan payment |
(140) |
|
1.4.4 | Accrued interest receivable |
13,112 |
|
1.4.5 | Loan loss provision |
(41,265) |
|
1.5 | Derivative financial assets |
1,676 |
|
1.6 | Other financial assets |
455 |
|
1.7 | Other non-financial assets |
13,121 |
|
1.8 | Fixed assets |
17,592 |
|
1.9 | Properties held for sale |
17,799 |
|
1.1 | Intangible assets |
13,511 |
|
1.11 | Total assets |
939,454 |
|
2 | LIABILITIES | ||
2.1 | Current accounts |
40,476 |
|
2.2 | Savings accounts |
347,440 |
|
2.3 | Due to banks and financial instituitions |
307,598 |
|
2.4 | Other funds |
14,162 |
|
2.5 | Derivative financial liabilities |
2,990 |
|
2.6 | Other liabilities |
24,340 |
|
2.7 | Total liabilities |
737,006 |
|
3 | EQUITY | ||
3.1 | Share capital |
146,474 |
|
3.2 | Share premium |
15,647 |
|
3.3 | Treasury shares |
(7,032) |
|
3.4 | Retained earnings |
47,260 |
|
3.5 | Other reserves |
99 |
|
3.6 | Total equity |
202,448 |
|
4 | TOTAL LIABILITIES AND EQUITY |
939,454 |
|
(MNT million)
OFF BALANCE SHEET | |
Contingencies and commitments (net) |
11,553 |
(MNT million)
INCOME STATEMENT |
30/06/2024 |
|
1 | Interest income |
62,130 |
1.1 | From Bank of Mongolia |
118 |
1.2 | From banks and financial institutions |
573 |
1.3 | From securities |
4,142 |
1.4 | From loans |
56,158 |
1.5 | Other interest income |
1,139 |
2 | Interest expense |
42,128 |
2.1 | Interest expense on current accounts |
826 |
2.2 | Interest expense on savings accounts |
28,503 |
2.3 | Interest expense on borrowed funds |
9,844 |
2.4 | Interest expense on securities |
283 |
2.5 | Other interest expenses |
2,672 |
3 | Net interest income (1-2) |
20,002 |
4 | Provision expense |
3,363 |
4.1 | Deposits at banks and financial institutions |
– |
4.2 | Securities |
– |
4.3 | Loans |
3,363 |
5 | Net income after provision (3-4) |
16,639 |
6 | Other income |
12,381 |
6.1 | Non-interest income |
12,246 |
6.1.1 | Trading income |
4,921 |
6.1.2 | Foreign exchange and revaluation income |
6,448 |
6.1.3 | Fees and commission income |
760 |
6.1.4 | Other non-interest income |
117 |
6.2 | Other income, gain |
135 |
7 | Other expenses |
22,797 |
7.1 | Non-interest expenses |
22,468 |
7.1.1 | Other provision expense |
925 |
7.1.2 | Trading expense |
2,138 |
7.1.3 | Foreign exchange and revaluation expense |
5,975 |
7.1.4 | Fees and commission expense |
800 |
7.1.5 | Other operating expenses |
12,630 |
7.2 | Other expenses, losses |
329 |
8 | Profit Before Tax (5+6-7) |
6,223 |
9 | Income tax expense |
674 |
10 | Net profit for the year (8-9) |
5,549 |
11 | Other comprehensive income |
– |
12 | Total comprehensive income for the year (10+11) |
5,549 |
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% |
30.8% |
Foreign currency open position ratio (single currency) |
< ±15% |
8.4% |
Foreign currency open position ratio (total) |
< ±30% |
10.4% |
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 |
6,449 |
3.2% |
2 | Total loans and advances to related parties (less than 20% of total equity) |
11.9% |
||
2.1 | Bank shareholders |
Loan |
100 |
0.0% |
2.2 | Key management personnel |
Loan |
532 |
0.3% |
2.3 | Other related parties |
Loan |
23,590 |
11.6% |