| Quarter-1,2020 |
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|
|
| FINANCIAL STATEMENT |
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|
|
|
|
|
|
(in millions of MNT) |
|
| Items |
3/31/2020 |
|
| 1 |
ASSET |
|
| 1.1 |
Cash and cash equivalents |
137,435.97 |
|
| 1.2 |
Due from banks and financial institutions |
– |
|
| 1.3 |
Financial investments |
47,555.46 |
|
| 1.3.1 |
Investmens in associates |
– |
|
| 1.4 |
Loans and advances to customers (net) |
268,927.75 |
|
| 1.4.1 |
Performing loans |
258,265.78 |
|
| 1.4.2 |
Non-performing loans |
18,553.46 |
|
| 1.4.3 |
Deferred loan payment |
– |
|
| 1.4.4 |
Accrued interest receivable |
2,742.45 |
|
| 1.4.5 |
Loan Loss Provision |
(10,633.94) |
|
| 1.5 |
Derivative financial assets |
– |
|
| 1.6 |
Other financial assets |
0.28 |
|
| 1.7 |
Other non-financial assets |
6,152.64 |
|
| 1.8 |
Fixed assets (net) |
7,141.54 |
|
| 1.9 |
Real estate for investment |
– |
|
| 1.10 |
Assets for sale |
– |
|
| 1.11 |
Intangible assets |
664.78 |
|
| 1.12 |
Total assets |
467,878.42 |
|
| 2 |
LIABILITIES |
|
| 2.1 |
Current account |
54,413.44 |
|
| 2.2 |
Savings account |
149,833.75 |
|
| 2.3 |
Due to banks and financial instituitions |
127,659.83 |
|
| 2.4 |
Other deposits |
25,227.73 |
|
| 2.5 |
Other liabilities |
28,500.86 |
|
| 2.10 |
Total liabilities |
385,635.60 |
|
| 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/ |
4,108.56 |
|
| 3.6 |
Other reserves |
133.69 |
|
| 3.7 |
Total equity |
82,242.82 |
|
| 4 |
TOTAL LIABILITIES AND EQUITY |
467,878.42 |
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|
| INCOME STATEMENT |
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|
(in millions of MNT) |
|
| Items |
3/31/2020 |
|
| 1 |
Interest income |
12,578.62 |
|
| 1.1 |
From Bank of Mongolia |
144.14 |
|
| 1.2 |
From Other banks & financial institutions |
891.15 |
|
| 1.3 |
From securities |
1,497.08 |
|
| 1.4 |
From loans |
10,046.24 |
|
| 1.5 |
Other interest income |
– |
|
| 2 |
Interest expense |
8,995.93 |
|
| 2.1 |
Interest expense on current account |
462.52 |
|
| 2.2 |
Interest expense on savings account |
7,516.81 |
|
| 2.3 |
Interest expense on borrowed funds |
5.17 |
|
| 2.4 |
Interest expense on securities |
838.76 |
|
| 2.5 |
Other interest expense |
172.67 |
|
| 3 |
NET INTEREST INCOME (1-2) |
3,582.69 |
|
| 4 |
Provision expenses |
2,311.31 |
|
| 4.1 |
Deposits at other banks and financial institutions |
– |
|
| 4.2 |
Securities |
– |
|
| 4.3 |
Loans |
2,311.31 |
|
| 5 |
Net interest income after provision [(3)-(4)] |
1,271.38 |
|
| 6 |
Other income |
1,884.29 |
|
| 6.1 |
Non-interest income |
1,696.44 |
|
| 6.1.1 |
Trading income |
1,456.87 |
|
| 6.1.2 |
Exchange and revaluation adjustment expense |
48.82 |
|
| 6.1.3 |
Fees and commission income |
145.60 |
|
| 6.1.4 |
Other non-interest income |
45.14 |
|
| 6.2 |
Other income |
187.85 |
|
| 7 |
Other expense |
2,506.20 |
|
| 7.1 |
Non-interest expense |
2,469.42 |
|
| 7.1.1 |
Other provision expense |
– |
|
| 7.1.2 |
Trade expense |
– |
|
| 7.1.3 |
Exchange and revaluation adjustment expense |
– |
|
| 7.1.4 |
Fees and commission expense |
96.52 |
|
| 7.1.5 |
Other operating expense |
2,372.90 |
|
| 7.2 |
Other expense |
36.78 |
|
| 8 |
Profit Before Tax (5+6-7) |
649.46 |
|
| 9 |
Income tax expense |
59.99 |
|
| 10 |
Profit After Taxes (8-9) |
589.48 |
|
| 11 |
Other comprehensive income |
– |
|
| 12 |
Total comprehensive income for the year (10+11) |
589.48 |
|
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| OFF BALANCE SHEET |
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|
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|
(in millions of MNT) |
|
| Contingencies and commitments (net) |
1,748.52 |
|
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| PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA |
|
|
|
|
| Ratios |
Limit |
Bank |
| Tier 1 ratio |
≥ 9% |
23.5% |
| Capital adequacy ratio |
≥ 12% |
23.5% |
| Liquidity |
≥ 20% |
31.8% |
| Foreign currency open position ratio (by each currency) |
< ±15% |
4.1% |
| Foreign currency open position ratio (total) |
< ±30% |
11.6% |