STATEMENT OF FINANCIAL POSITION
(MNT million)
| 1 | ASSETS | |
| 1.1 | Cash and cash equivalents |
210,002 |
| 1.2 | Due from banks and financial institutions |
117,633 |
| 1.3 | Financial investments |
69,489 |
| 1.4 | Loans and advances to customers (net) |
777,116 |
| 1.4.1 | Performing loans |
744,994 |
| 1.4.2 | Non-performing loans |
67,384 |
| 1.4.3 | Deferred loan payment |
(170) |
| 1.4.4 | Accrued interest receivable |
13,649 |
| 1.4.5 | Loan loss provision |
(48,741) |
| 1.5 | Derivative financial assets |
468 |
| 1.6 | Other financial assets |
630 |
| 1.7 | Other non-financial assets |
27,277 |
| 1.8 | Fixed assets |
18,352 |
| 1.9 | Properties held for sale |
48,731 |
| 1.10 | Intangible assets |
12,599 |
| 1.11 | Total assets |
1,282,297 |
| 2 | LIABILITIES | |
| 2.1 | Current accounts |
95,102 |
| 2.2 | Savings accounts |
656,055 |
| 2.3 | Due to banks and financial institutions |
205,216 |
| 2.4 | Other funds |
85,102 |
| 2.5 | Derivative financial liabilities |
2,018 |
| 2.6 | Other liabilities |
24,135 |
| 2.7 | Total liabilities |
1,067,628 |
| 3 | EQUITY | |
| 3.1 | Share capital |
146,474 |
| 3.2 | Share premium |
15,646 |
| 3.3 | Treasury shares |
(7,032) |
| 3.4 | Retained earnings |
55,644 |
| 3.5 | Other reserves |
3,937 |
| 3.6 | Total equity |
214,669 |
| 4 | TOTAL LIABILITIES AND EQUITY |
1,282,297 |
(MNT million)
| OFF BALANCE SHEET | |
| Contingencies and commitments (net) |
39,406 |
INCOME STATEMENT
(MNT million)
| 1 | Interest income |
74,837 |
| 1.1 | From Bank of Mongolia |
69 |
| 1.2 | From banks and financial institutions |
402 |
| 1.3 | From securities |
4,481 |
| 1.4 | From loans |
68,157 |
| 1.5 | Other interest income |
1,728 |
| 2 | Interest expense |
53,399 |
| 2.1 | Interest expense on current accounts |
914 |
| 2.2 | Interest expense on savings accounts |
45,647 |
| 2.3 | Interest expense on borrowed funds |
2,986 |
| 2.4 | Interest expense on securities |
403 |
| 2.5 | Other interest expenses |
3,449 |
| 3 | Net interest income (1-2) |
21,438 |
| 4 | Provision expense |
– |
| 5 | Net income after provision (3-4) |
21,438 |
| 6 | Other income |
30,363 |
| 6.1 | Non-interest income |
28,444 |
| 6.1.1 | Trading income |
4,987 |
| 6.1.2 | Foreign exchange and revaluation income |
19,014 |
| 6.1.3 | Fees and commission income |
985 |
| 6.1.4 | Other non-interest income |
3,458 |
| 6.2 | Other income, gain |
1,919 |
| 7 | Other expenses |
43,547 |
| 7.1 | Non-interest expenses |
43,383 |
| 7.1.1 | Other provision expense |
6,089 |
| 7.1.2 | Trading expense |
6,018 |
| 7.1.3 | Foreign exchange and revaluation expense |
14,883 |
| 7.1.4 | Fees and commission expense |
882 |
| 7.1.5 | Other operating expenses |
15,511 |
| 7.2 | Other expenses, losses |
164 |
| 8 | Profit Before Tax (5+6-7) |
8,254 |
| 9 | Income tax expense |
1,064 |
| 10 | Net profit for the year (8-9) |
7,190 |
| 11 | Other comprehensive income |
– |
| 12 | Total comprehensive income for the year (10+11) |
7,190 |
| PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA | LIMIT | PERFORMANCE |
| Tier 1 capital ratio |
≥ 9% |
20.7% |
| Capital adequacy ratio |
≥ 12% |
20.7% |
| Liquidity ratio |
≥ 25% |
28.9% |
| Foreign currency open position ratio (single currency) |
< ±15% |
-4.6% |
| Foreign currency open position ratio (total) |
< ±30% |
-12.2% |
| 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) |
3.0% |
||
| 1.1 | Bank shareholders |
– |
– |
– |
| 1.2 | Key management personnel |
– |
– |
– |
| 1.3 | Other related parties |
Loan |
6,346 |
3.0% |
| 2 | Total loans and advances to related parties (less than 20% of total equity) |
9.4% |
||
| 2.1 | Bank shareholders |
Loan |
100 |
0.0% |
| 2.2 | Key management personnel |
Loan |
766 |
0.4% |
| 2.3 | Other related parties |
Loan |
19,988 |
9.0% |