Year-2021 Quarter- 4

Quarter-4,2021
				(in millions of MNT)
BALANCE SHEET ITEMS			31/12/2020	31/12/2021
1	ASSET
1.1	Cash and cash equivalents		100,857	131,425
1.2	Due from banks and financial institutions		7,685	28,907
1.3	Financial investments		23,197	82,961
1.4	Loans and advances to customers (net)		216,739	423,569
1.4.1	Performing loans		211,821	416,828
1.4.2	Past due loans		5,187	8,341
1.4.3	Non-performing loans		14,984	11,722
1.4.4	Deferred loan payment		(48)	(126)
1.4.5	Accrued interest receivable		1,269	6,219
1.4.6	Loan Loss Provision		(16,474)	(19,415)
1.5	Derivative financial assets		–	42
1.6	Other financial assets		150	54
1.7	Other non-financial assets		1,712	34,360
1.8	Fixed assets (net)		9,360	11,459
1.9	Intangible assets		458	369
1.10	Total assets		360,158	713,146
2	LIABILITIES
2.1	Current account		9,825	58,149
2.2	Savings account		78,073	259,022
2.3	Due to banks and financial instituitions		132,817	132,947
2.4	Other deposits		23,001	82,048
2.5	Derivative financial liabilities		–	26
2.6	Other liabilities		7,402	8,171
2.7	Total liabilities		251,118	540,363
3	EQUITY
3.1	Share capital		100,000	146,474
3.2	Revaluation surplus		1	1
3.3	Retained earnings /loss/		8,993	26,170
3.4	Other reserves		46	138
3.5	Total equity		109,040	172,783
4	TOTAL LIABILITIES AND EQUITY		360,158	713,146


				(in millions of MNT)
INCOME STATEMENT			31/12/2020	31/12/2021
1	Interest income		44,737	50,684
1.1	From Bank of Mongolia		326	132
1.2	From Other banks & financial institutions		3,181	855
1.3	From securities		3,312	4,493
1.4	From loans		37,918	44,370
1.5	Other interest income		–	834
2	Interest expense		25,090	24,879
2.1	Interest expense on current account		614	–
2.2	Interest expense on savings account		21,281	19,963
2.3	Interest expense on borrowed funds		576	1,946
2.4	Interest expense on securities		1,959	1,574
2.5	Other interest expense		660	1,396
3	NET INTEREST INCOME (1-2)		19,647	25,805
4	Provision expenses (provision reverse income)		7,957	647
4.1	Deposits at other banks and financial institutions		–	327
4.2	Securities		–	25
4.3	Loans		7,957	295
5	Net interest income after provision [(3)-(4)]		11,690	25,158
6	Other income		6,884	4,249
6.1	Non-interest income		6,355	4,249
6.1.1	Trading income		5,263	3,393
6.1.2	Exchange and revaluation adjustment expense		644	349
6.1.3	Fees and commission income		448	507
6.2	Other income		529	–
7	Other expense		12,435	16,228
7.1	Non-interest expense		12,166	15,360
7.1.1	Other provision expense		264	2
7.1.2	Trade expense		2,727	1,936
7.1.3	Exchange and revaluation adjustment expense		394	428
7.1.4	Fees and commission expense		437	432
7.1.5	Other operating expense		8,344	12,562
7.2	Other expense (5+6-7)		269	868
8	Profit Before Tax		6,139	13,179
9	Income tax expense		665	2,599
10	Profit After Taxes (8-9)		5,474	10,580
11	Other comprehensive income		(88)	92
12	Total comprehensive income for the year (10+11)		5,386	10,672

				(in millions of MNT)
OFF BALANCE SHEET			31/12/2020	31/12/2021
Contingencies and commitments (net)			1,925	16,939



PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA			Limit	31/12/2021
Tier 1 ratio			≥ 9%	32.0%
Capital adequacy ratio			≥ 12%	32.0%
Liquidity			≥ 25%	32.9%
Foreign currency open position ratio (by each currency)			< ±15%	-2.4%
Foreign currency open position ratio (total)			< ±30%	-4.8%

				(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	8,267	4.8%
2	Total Loans and other equivalent asset provided to related parties (less than 20% of capital)			18.8%
2.1	Shareholders of the Bank	Loan	100	0.1%
2.2	Key management personnel	Loan	283	0.2%
2.3	Other related parties	Loan	32,153	18.6%

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