| Quarter-1,2019 |
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|
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| FINANCIAL STATEMENT |
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|
|
|
|
|
(in millions of MNT) |
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| Items |
3/31/2019 |
|
| 1 |
ASSET |
|
| 1.1 |
Cash and cash equivalents |
145,008.46 |
|
| 1.2 |
Due from banks and financial institutions |
– |
|
| 1.3 |
Financial investments |
82,764.14 |
|
| 1.3.1 |
Investmens in associates |
– |
|
| 1.4 |
Loans and advances to customers (net) |
278,303.91 |
|
| 1.4.1 |
Performing loans |
270,176.04 |
|
| 1.4.2 |
Non-performing loans |
9,200.00 |
|
| 1.4.3 |
Deferred loan payment |
– |
|
| 1.4.4 |
Accrued interest receivable |
1,196.14 |
|
| 1.4.5 |
Loan Loss Provision |
(2,268.27) |
|
| 1.5 |
Derivative financial assets |
– |
|
| 1.6 |
Other financial assets |
47.22 |
|
| 1.7 |
Other non-financial assets |
920.20 |
|
| 1.8 |
Fixed assets (net) |
4,738.28 |
|
| 1.9 |
Real estate for investment |
– |
|
| 1.10 |
Assets for sale |
– |
|
| 1.11 |
Intangible assets |
618.16 |
|
| 1.12 |
Total assets |
512,400.36 |
|
| 2 |
LIABILITIES |
|
| 2.1 |
Current account |
10,948.91 |
|
| 2.2 |
Savings account |
99,473.78 |
|
| 2.3 |
Due to banks and financial instituitions |
229,355.93 |
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| 2.4 |
Other deposits |
59,285.21 |
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| 2.5 |
Other liabilities |
33,763.59 |
|
| 2.10 |
Total liabilities |
432,827.40 |
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| 3 |
EQUITY |
|
| 3.1 |
Share capital |
78,000.00 |
|
| 3.2 |
Share premium |
– |
|
| 3.3 |
Treasury shares |
– |
|
| 3.4 |
Revaluation surplus |
0.57 |
|
| 3.5 |
Retained earnings /loss/ |
1,544.44 |
|
| 3.6 |
Other reserves |
27.95 |
|
| 3.7 |
Total equity |
79,572.96 |
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| 4 |
TOTAL LIABILITIES AND EQUITY |
512,400.36 |
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| INCOME STATEMENT |
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|
(in millions of MNT) |
|
| Items |
3/31/2019 |
|
| 1 |
Interest income |
12,999.93 |
|
| 1.1 |
From Bank of Mongolia |
29.61 |
|
| 1.2 |
From Other banks & financial institutions |
1,095.69 |
|
| 1.3 |
From securities |
2,209.17 |
|
| 1.4 |
From loans |
9,665.45 |
|
| 1.5 |
Other interest income |
– |
|
| 2 |
Interest expense |
8,615.83 |
|
| 2.1 |
Interest expense on current account |
131.66 |
|
| 2.2 |
Interest expense on savings account |
7,565.79 |
|
| 2.3 |
Interest expense on borrowed funds |
2.56 |
|
| 2.4 |
Interest expense on securities |
868.06 |
|
| 2.5 |
Other interest expense |
47.77 |
|
| 3 |
NET INTEREST INCOME (1-2) |
4,384.09 |
|
| 4 |
Provision expenses |
364.34 |
|
| 4.1 |
Deposits at other banks and financial institutions |
– |
|
| 4.2 |
Securities |
– |
|
| 4.3 |
Loans |
364.34 |
|
| 5 |
Net interest income after provision [(3)-(4)] |
4,019.76 |
|
| 6 |
Other income |
403.83 |
|
| 6.1 |
Non-interest income |
302.03 |
|
| 6.1.1 |
Trading income |
– |
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| 6.1.2 |
Exchange and revaluation adjustment expense |
130.02 |
|
| 6.1.3 |
Fees and commission income |
172.01 |
|
| 6.1.4 |
Other non-interest income |
– |
|
| 6.2 |
Other income |
101.80 |
|
| 7 |
Other expense |
1,831.42 |
|
| 7.1 |
Non-interest expense |
1,792.77 |
|
| 7.1.1 |
Other provision expense |
2.39 |
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| 7.1.2 |
Trade expense |
117.87 |
|
| 7.1.3 |
Exchange and revaluation adjustment expense |
– |
|
| 7.1.4 |
Fees and commission expense |
105.09 |
|
| 7.1.5 |
Other operating expense |
1,567.43 |
|
| 7.2 |
Other expense |
38.65 |
|
| 8 |
Profit Before Tax (5+6-7) |
2,592.16 |
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| 9 |
Income tax expense |
234.78 |
|
| 10 |
Profit After Taxes (8-9) |
2,357.37 |
|
| 11 |
Other comprehensive income |
– |
|
| 12 |
Total comprehensive income for the year (10+11) |
2,357.37 |
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| OFF BALANCE SHEET |
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|
(in millions of MNT) |
|
| Contingencies and commitments (net) |
1,259.38 |
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| PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA |
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|
|
|
| Ratios |
Limit |
Bank |
| Tier 1 ratio |
≥ 9% |
22.4% |
| Capital adequacy ratio |
≥ 12% |
22.4% |
| Liquidity |
≥ 25% |
36.3% |
| Foreign currency open position ratio (by each currency) |
< ±15% |
-5.5% |
| Foreign currency open position ratio (total) |
< ±40% |
-5.5% |