Categories
Quarterly financial statements

Year-2019 Quarter- 4

Quarter-4,2019
FINANCIAL STATEMENT
(in millions of MNT)
Items 12/31/2019
1 ASSET
1.1 Cash and cash equivalents                        200,118.37
1.2 Due from banks and financial institutions                          10,003.42
1.3 Financial investments                          26,168.79
 1.3.5 Investmens in associates                                          –
1.4 Loans and advances to customers (net)                        254,523.39
 1.4.1 Performing loans                        249,501.74
 1.4.2 Non-performing loans                          11,581.75
 1.4.6 Deferred loan payment                                          –
 1.4.7 Accrued interest receivable                             1,654.35
 1.4.8 Loan Loss Provision                          (8,214.45)
1.5 Derivative financial assets                                          –
1.6 Other financial assets                                685.69
1.7 Other non-financial assets                          26,079.09
1.8 Fixed assets (net)                             6,226.80
1.9 Real estate for investment                                          –
1.10 Assets for sale                                          –
1.11 Intangible assets                                747.77
1.12 Total assets                        524,553.34
2 LIABILITIES
2.1 Current account                          57,751.11
2.2 Savings account                        190,952.88
2.3 Due to banks and financial instituitions                        163,726.27
2.4 Other deposits                             4,294.63
2.5 Other liabilities                          26,096.24
2.10 Total liabilities                        442,821.14
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/                             3,638.70
3.6 Other reserves                                   92.93
3.7 Total equity                          81,732.20
4 TOTAL LIABILITIES AND EQUITY                        524,553.34
INCOME STATEMENT
(in millions of MNT)
Items 12/31/2019
1 Interest income                          57,389.10
 1.1 From Bank of Mongolia                                114.07
 1.2 From Other banks & financial institutions                             4,577.71
 1.3 From securities                          11,223.25
 1.4 From loans                          41,474.06
 1.5 Other interest income                                          –
2 Interest expense                          39,897.85
 2.1 Interest expense on current account                             1,048.83
 2.2 Interest expense on savings account                          31,857.35
 2.3 Interest expense on borrowed funds                                   13.08
 2.4 Interest expense on securities                             6,593.43
 2.5 Other interest expense                                385.15
3 NET INTEREST INCOME (1-2)                          17,491.25
4 Provision expenses                             6,269.56
 4.1 Deposits at other banks and financial institutions                                          –
 4.2 Securities                                          –
 4.3 Loans                             6,269.56
5 Net interest income after provision [(3)-(4)]                          11,221.69
6 Other income                             2,335.17
 6.1 Non-interest income                             1,820.57
  6.1.1 Trading income                                700.22
  6.1.2 Exchange and revaluation adjustment expense                                318.74
  6.1.3 Fees and commission income                                801.60
  6.1.4 Other non-interest income                                          –
 6.2 Other income                                514.61
7 Other expense                             7,915.68
 7.1 Non-interest expense                             7,677.85
  7.1.1 Other provision expense                                   47.76
  7.1.2 Trade expense                                          –
  7.1.3 Exchange and revaluation adjustment expense                                          –
  7.1.4 Fees and commission expense                                393.38
  7.1.5 Other operating expense                             7,236.71
 7.2 Other expense                                237.83
8 Profit Before Tax (5+6-7)                             5,641.18
9 Income tax expense                             1,124.56
10 Profit After Taxes (8-9)                             4,516.62
11 Other comprehensive income                                          –
12 Total comprehensive income for the year (10+11)                             4,516.62
OFF BALANCE SHEET
(in millions of MNT)
Contingencies and commitments (net)                             2,027.32
PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA
Ratios Limit Bank
Tier 1 ratio ≥ 9% 25.9%
Capital adequacy ratio ≥ 12% 25.9%
Liquidity ≥ 25% 53.1%
Foreign currency open position ratio (by each currency) < ±15% 4.9%
Foreign currency open position ratio (total) < ±30% -14.2%

 

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK
(in millions of MNT)
Related parties Category of assets Balance % in total Equity
1 Loans and other equivalent asset provided to a related party (less than 5% of capital)
1.1. Shareholders of the Bank  –
1.2. Key management personnel  Loan            20.00 0.0%
1.3. Other related parties  Loan      3,912.68 4.8%
2 Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1. Shareholders of the Bank  –
2.2. Key management personnel  Loan            70.60 0.1%
2.3. Other related parties  Loan    12,526.37 15.3%

Leave a Reply