(MNT million)
| STATEMENT OF FINANCIAL POSITION |
31/03/2024 |
|
| 1 | ASSETS | |
| 1.1 | Cash and cash equivalents |
217,295 |
| 1.2 | Due from banks and financial institutions |
72,350 |
| 1.3 | Financial investments |
72,145 |
| 1.4 | Loans and advances to customers (net) |
680,793 |
| 1.4.1 | Performing loans |
647,070 |
| 1.4.2 | Non-performing loans |
58,622 |
| 1.4.3 | Deferred loan payment |
(159) |
| 1.4.4 | Accrued interest receivable |
15,776 |
| 1.4.5 | Loan loss provision |
(40,516) |
| 1.5 | Derivative financial assets |
2,325 |
| 1.6 | Other financial assets |
569 |
| 1.7 | Other non-financial assets |
15,204 |
| 1.8 | Fixed assets |
19,142 |
| 1.9 | Properties held for sale |
26,184 |
| 1.10 | Intangible assets |
13,215 |
| 1.11 | Total assets |
1,119,222 |
| 2 | LIABILITIES | |
| 2.1 | Current accounts |
82,796 |
| 2.2 | Savings accounts |
491,964 |
| 2.3 | Due to banks and financial instituitions |
234,434 |
| 2.4 | Other funds |
78,281 |
| 2.5 | Derivative financial liabilities |
3,354 |
| 2.6 | Other liabilities |
25,835 |
| 2.7 | Total liabilities |
916,664 |
| 3 | EQUITY | |
| 3.1 | Share capital |
146,474 |
| 3.2 | Share premium |
15,647 |
| 3.3 | Treasury shares |
(7,032) |
| 3.4 | Retained earnings |
47,370 |
| 3.5 | Other reserves |
99 |
| 3.6 | Total equity |
202,558 |
| 4 | TOTAL LIABILITIES AND EQUITY |
1,119,222 |
(MNT million)
| OFF BALANCE SHEET | |
| Contingencies and commitments (net) |
16,091 |
(MNT million)
| INCOME STATEMENT |
31/03/2024 |
|
| 1 | Interest income |
35,199 |
| 1.1 | From Bank of Mongolia |
56 |
| 1.2 | From banks and financial institutions |
337 |
| 1.3 | From securities |
3,017 |
| 1.4 | From loans |
31,254 |
| 1.5 | Other interest income |
535 |
| 2 | Interest expense |
21,417 |
| 2.1 | Interest expense on current accounts |
558 |
| 2.2 | Interest expense on savings accounts |
17,808 |
| 2.3 | Interest expense on borrowed funds |
1,515 |
| 2.4 | Interest expense on securities |
201 |
| 2.5 | Other interest expenses |
1,335 |
| 3 | Net interest income (1-2) |
13,782 |
| 4 | Provision expense |
2,626 |
| 4.1 | Deposits at banks and financial institutions |
– |
| 4.2 | Securities |
– |
| 4.3 | Loans |
2,626 |
| 5 | Net income after provision (3-4) |
11,156 |
| 6 | Other income |
8,057 |
| 6.1 | Non-interest income |
7,973 |
| 6.1.1 | Trading income |
1,912 |
| 6.1.2 | Foreign exchange and revaluation income |
5,598 |
| 6.1.3 | Fees and commission income |
379 |
| 6.1.4 | Other non-interest income |
84 |
| 6.2 | Other income, gain |
84 |
| 7 | Other expenses |
13,004 |
| 7.1 | Non-interest expenses |
12,896 |
| 7.1.1 | Other provision expense |
– |
| 7.1.2 | Trading expense |
1,390 |
| 7.1.3 | Foreign exchange and revaluation expense |
4,963 |
| 7.1.4 | Fees and commission expense |
305 |
| 7.1.5 | Other operating expenses |
6,238 |
| 7.2 | Other expenses, losses |
108 |
| 8 | Profit Before Tax (5+6-7) |
6,209 |
| 9 | Income tax expense |
549 |
| 10 | Net profit for the year (8-9) |
5,660 |
| 11 | Other comprehensive income |
– |
| 12 | Total comprehensive income for the year (10+11) |
5,660 |
| 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 |
– |
– |
0.0% |
| 1.2 | Key management personnel |
– |
– |
0.0% |
| 1.3 | Other related parties |
Loan |
6,666 |
3.3% |
| 2 | Total loans and advances to related parties (less than 20% of total equity) |
12.0% |
||
| 2.1 | Bank shareholders |
Loan |
100 |
0.0% |
| 2.2 | Key management personnel |
Loan |
544 |
0.3% |
| 2.3 | Other related parties |
Loan |
23,856 |
11.7% |
| PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA | LIMIT | PERFORMANCE |
| Tier 1 capital ratio |
≥ 9% |
23.0% |
| Capital adequacy ratio |
≥ 12% |
23.0% |
| Liquidity ratio |
≥ 25% |
30.1% |
| Foreign currency open position ratio (single currency) |
< ±15% |
-4.9% |
| Foreign currency open position ratio (total) |
< ±30% |
-12.7% |
