STATEMENT OF FINANCIAL POSITION
(MNT million)
| 1 | ASSETS | |
| 1.1 | Cash and cash equivalents |
174,658 |
| 1.2 | Due from banks and financial institutions |
103,400 |
| 1.3 | Financial investments |
84,673 |
| 1.4 | Loans and advances to customers (net) |
669,223 |
| 1.4.1 | Performing loans |
615,567 |
| 1.4.2 | Non-performing loans |
85,067 |
| 1.4.3 | Deferred loan payment |
(102) |
| 1.4.4 | Accrued interest receivable |
22,789 |
| 1.4.5 | Loan loss provision |
(54,098) |
| 1.5 | Derivative financial assets |
534 |
| 1.6 | Other financial assets |
615 |
| 1.7 | Other non-financial assets |
47,061 |
| 1.8 | Fixed assets |
18,548 |
| 1.9 | Properties held for sale |
18,387 |
| 1.1 | Intangible assets |
12,954 |
| 1.11 | Total assets |
1,130,053 |
| 2 | LIABILITIES | |
| 2.1 | Current accounts |
63,244 |
| 2.2 | Savings accounts |
614,566 |
| 2.3 | Due to banks and financial institutions |
128,696 |
| 2.4 | Other funds |
85,101 |
| 2.5 | Derivative financial liabilities |
1,866 |
| 2.6 | Other liabilities |
24,065 |
| 2.7 | Total liabilities |
917,538 |
| 3 | EQUITY | |
| 3.1 | Share capital |
146,474 |
| 3.2 | Share premium |
15,645 |
| 3.3 | Treasury shares |
(7,032) |
| 3.4 | Retained earnings |
50,595 |
| 3.5 | Other reserves |
6,833 |
| 3.6 | Total equity |
212,515 |
| 4 | TOTAL LIABILITIES AND EQUITY |
1,130,053 |
(MNT million)
| OFF BALANCE SHEET | |
| Contingencies and commitments (net) |
13,410 |
INCOME STATEMENT
(MNT million)
| 1 | Interest income |
38,647 |
| 1.1 | From Bank of Mongolia |
– |
| 1.2 | From banks and financial institutions |
243 |
| 1.3 | From securities |
2,678 |
| 1.4 | From loans |
34,432 |
| 1.5 | Other interest income |
1,294 |
| 2 | Interest expense |
25,959 |
| 2.1 | Interest expense on current accounts |
486 |
| 2.2 | Interest expense on savings accounts |
22,177 |
| 2.3 | Interest expense on borrowed funds |
1,324 |
| 2.4 | Interest expense on securities |
105 |
| 2.5 | Other interest expenses |
1,867 |
| 3 | Net interest income (1-2) |
12,688 |
| 4 | Provision expense |
2,214 |
| 4.1 | Deposits at banks and financial institutions |
– |
| 4.2 | Securities |
– |
| 4.3 | Loans |
2,214 |
| 5 | Net income after provision (3-4) |
10,474 |
| 6 | Other income |
15,619 |
| 6.1 | Non-interest income |
13,377 |
| 6.1.1 | Trading income |
1,898 |
| 6.1.2 | Foreign exchange and revaluation income |
10,982 |
| 6.1.3 | Fees and commission income |
497 |
| 6.1.4 | Other non-interest income |
– |
| 6.2 | Other income, gain |
2,242 |
| 7 | Other expenses |
20,674 |
| 7.1 | Non-interest expenses |
20,580 |
| 7.1.1 | Other provision expense |
958 |
| 7.1.2 | Trading expense |
1,274 |
| 7.1.3 | Foreign exchange and revaluation expense |
10,458 |
| 7.1.4 | Fees and commission expense |
518 |
| 7.1.5 | Other operating expenses |
7,372 |
| 7.2 | Other expenses, losses |
94 |
| 8 | Profit Before Tax (5+6-7) |
5,419 |
| 9 | Income tax expense |
559 |
| 10 | Net profit for the year (8-9) |
4,860 |
| 11 | Other comprehensive income |
– |
| 12 | Total comprehensive income for the year (10+11) |
4,860 |
| PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA | LIMIT | PERFORMANCE |
| Tier 1 capital ratio |
≥ 9% |
23.3% |
| Capital adequacy ratio |
≥ 12% |
23.3% |
| Liquidity ratio |
≥ 25% |
33.3% |
| Foreign currency open position ratio (single currency) |
< ±15% |
4.6% |
| Foreign currency open position ratio (total) |
< ±30% |
9.8% |
| 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) |
2.9% |
||
| 1.1 | Bank shareholders |
– |
– |
– |
| 1.2 | Key management personnel |
– |
– |
– |
| 1.3 | Other related parties |
Loan |
6,012 |
2.9% |
| 2 | Total loans and advances to related parties (less than 20% of total equity) |
10.2% |
||
| 2.1 | Bank shareholders |
Loan |
100 |
0.0% |
| 2.2 | Key management personnel |
Loan |
854 |
0.4% |
| 2.3 | Other related parties |
Loan |
20,164 |
9.7% |