Year-2021 Quarter- 3

Quarter-3,2021
				(in millions of MNT)
BALANCE SHEET ITEMS			31/12/2020	30/09/2021
1	ASSET
1.1	Cash and cash equivalents		108,542	122,405
1.2	Due from banks and financial institutions		–	25,916
1.3	Financial investments		23,197	102,328
1.4	Loans and advances to customers (net)		216,739	388,018
1.4.1	Performing loans		211,821	382,240
1.4.2	Past due loans		5,187	7,553
1.4.3	Non-performing loans		14,984	12,942
1.4.4	Deferred loan payment		(48)	(122)
1.4.5	Accrued interest receivable		1,269	3,754
1.4.6	Loan Loss Provision		(16,474)	(18,349)
1.5	Derivative financial assets		–	157
1.6	Other financial assets		150	7
1.7	Other non-financial assets		1,712	6,589
1.8	Fixed assets (net)		9,360	10,647
1.9	Intangible assets		458	861
1.10	Total assets		360,158	656,928
2	LIABILITIES
2.1	Current account		9,825	23,747
2.2	Savings account		78,073	222,392
2.3	Due to banks and financial instituitions		132,817	127,774
2.4	Other deposits		23,001	105,025
2.5	Derivative financial liabilities		–	122
2.6	Other liabilities		7,402	6,288
2.7	Total liabilities		251,118	485,348
3	EQUITY
3.1	Share capital		100,000	146,474
3.2	Revaluation surplus		1	1
3.3	Retained earnings /loss/		8,993	25,059
3.4	Other reserves		46	46
3.5	Total equity		109,040	171,580
4	TOTAL LIABILITIES AND EQUITY		360,158	656,928


				(in millions of MNT)
INCOME STATEMENT			31/12/2020	9/31/2021
1	Interest income		44,737	33,296
1.1	From Bank of Mongolia		326	110
1.2	From Other banks & financial institutions		3,181	675
1.3	From securities		3,312	2,733
1.4	From loans		37,918	29,313
1.5	Other interest income		–	465
2	Interest expense		25,090	16,441
2.1	Interest expense on current account		614	–
2.2	Interest expense on savings account		21,281	13,136
2.3	Interest expense on borrowed funds		576	1,375
2.4	Interest expense on securities		1,959	1,018
2.5	Other interest expense		660	912
3	NET INTEREST INCOME (1-2)		19,647	16,855
4	Provision expenses (provision reverse income)		7,957	(770)
4.1	Deposits at other banks and financial institutions		–	–
4.2	Securities		–	–
4.3	Loans		7,957	(770)
5	Net interest income after provision [(3)-(4)]		11,690	17,625
6	Other income		6,884	3,021
6.1	Non-interest income		6,355	2,952
6.1.1	Trading income		5,263	2,544
6.1.2	Exchange and revaluation adjustment expense		644	179
6.1.3	Fees and commission income		448	229
6.2	Other income		529	69
7	Other expense		12,435	9,681
7.1	Non-interest expense		12,166	9,432
7.1.1	Other provision expense		264	1
7.1.2	Trade expense		2,727	1,507
7.1.3	Exchange and revaluation adjustment expense		394	258
7.1.4	Fees and commission expense		437	239
7.1.5	Other operating expense		8,344	7,427
7.2	Other expense (5+6-7)		269	249
8	Profit Before Tax		6,139	10,965
9	Income tax expense		665	1,499
10	Profit After Taxes (8-9)		5,474	9,466
11	Other comprehensive income		(88)	–
12	Total comprehensive income for the year (10+11)		5,386	9,466

				(in millions of MNT)
OFF BALANCE SHEET			31/12/2020	9/31/2021
Contingencies and commitments (net)			1,925	15,616



PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA			Limit	9/31/2021
Tier 1 ratio			≥ 9%	35.3%
Capital adequacy ratio			≥ 12%	35.3%
Liquidity			≥ 25%	35.4%
Foreign currency open position ratio (by each currency)			< ±15%	-4.3%
Foreign currency open position ratio (total)			< ±30%	-4.4%

				(in millions of MNT)
Related parties		Categary of assets	Balance	% in total Equity
1	Loans and other equivalent asset provided to a related party (less than 5% of capital)			4.8%
1.1	Shareholders of the Bank	–	–	0.0%
1.2	Key management personnel	–	–	0.0%
1.3	Other related parties	Loan	8,270	4.8%
2	Total Loans and other equivalent asset provided to related parties (less than 20% of capital)			13.5%
2.1	Shareholders of the Bank	Loan	100	0.1%
2.2	Key management personnel	Loan	177	0.1%
2.3	Other related parties	Loan	22,856	13.3%

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