STATEMENT OF FINANCIAL POSITION
(MNT million)
| 1 | ASSETS | |
| 1.1 | Cash and cash equivalents |
196,477 |
| 1.2 | Due from banks and financial institutions |
70,253 |
| 1.3 | Financial investments |
125,530 |
| 1.4 | Loans and advances to customers (net) |
636,839 |
| 1.4.1 | Performing loans |
619,776 |
| 1.4.2 | Non-performing loans |
59,125 |
| 1.4.3 | Deferred loan payment |
(103) |
| 1.4.4 | Accrued interest receivable |
9,425 |
| 1.4.5 | Loan loss provision |
(51,384) |
| 1.5 | Derivative financial assets |
909 |
| 1.6 | Other financial assets |
559 |
| 1.7 | Other non-financial assets |
33,092 |
| 1.8 | Fixed assets |
16,531 |
| 1.9 | Properties held for sale |
17,749 |
| 1.1 | Intangible assets |
12,927 |
| 1.11 | Total assets |
1,110,866 |
| 2 | LIABILITIES | |
| 2.1 | Current accounts |
69,976 |
| 2.2 | Savings accounts |
505,198 |
| 2.3 | Due to banks and financial institutions |
177,796 |
| 2.4 | Other funds |
131,114 |
| 2.5 | Derivative financial liabilities |
2,109 |
| 2.6 | Other liabilities |
16,113 |
| 2.7 | Total liabilities |
902,306 |
| 3 | EQUITY | |
| 3.1 | Share capital |
146,474 |
| 3.2 | Share premium |
15,647 |
| 3.3 | Treasury shares |
(7,032) |
| 3.4 | Retained earnings |
53,434 |
| 3.5 | Other reserves |
37 |
| 3.6 | Total equity |
208,560 |
| 4 | TOTAL LIABILITIES AND EQUITY |
1,110,866 |
(MNT million)
| OFF BALANCE SHEET | |
| Contingencies and commitments (net) |
13,808 |
INCOME STATEMENT
(MNT million)
| 1 | Interest income |
135,108 |
| 1.1 | From Bank of Mongolia |
232 |
| 1.2 | From banks and financial institutions |
873 |
| 1.3 | From securities |
7,815 |
| 1.4 | From loans |
124,115 |
| 1.5 | Other interest income |
2,073 |
| 2 | Interest expense |
86,845 |
| 2.1 | Interest expense on current accounts |
1,335 |
| 2.2 | Interest expense on savings accounts |
59,729 |
| 2.3 | Interest expense on borrowed funds |
20,195 |
| 2.4 | Interest expense on securities |
404 |
| 2.5 | Other interest expenses |
5,182 |
| 3 | Net interest income (1-2) |
48,263 |
| 4 | Provision expense |
13,429 |
| 4.1 | Deposits at banks and financial institutions |
23 |
| 4.2 | Securities |
– |
| 4.3 | Loans |
13,406 |
| 5 | Net income after provision (3-4) |
34,834 |
| 6 | Other income |
27,824 |
| 6.1 | Non-interest income |
27,577 |
| 6.1.1 | Trading income |
11,201 |
| 6.1.2 | Foreign exchange and revaluation income |
13,346 |
| 6.1.3 | Fees and commission income |
1,567 |
| 6.1.4 | Other non-interest income |
1,463 |
| 6.2 | Other income, gain |
247 |
| 7 | Other expenses |
48,146 |
| 7.1 | Non-interest expenses |
46,977 |
| 7.1.1 | Other provision expense |
1,947 |
| 7.1.2 | Trading expense |
4,178 |
| 7.1.3 | Foreign exchange and revaluation expense |
12,751 |
| 7.1.4 | Fees and commission expense |
1,619 |
| 7.1.5 | Other operating expenses |
26,482 |
| 7.2 | Other expenses, losses |
1,169 |
| 8 | Profit Before Tax (5+6-7) |
14,512 |
| 9 | Income tax expense |
2,842 |
| 10 | Net profit for the year (8-9) |
11,670 |
| 11 | Other comprehensive income |
(62) |
| 12 | Total comprehensive income for the year (10+11) |
11,608 |
| PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA | LIMIT | PERFORMANCE |
| Tier 1 capital ratio |
≥ 9% |
25.2% |
| Capital adequacy ratio |
≥ 12% |
25.2% |
| Liquidity ratio |
≥ 25% |
31.8% |
| Foreign currency open position ratio (single currency) |
< ±15% |
8.2% |
| Foreign currency open position ratio (total) |
< ±30% |
12.3% |
| LOANS AND ADVANCES TO RELATED PARTIES | CATEGORY OF ASSETS | BALANCE (MNT million) |
PERCENT OF TOTAL EQUITY | |
| 1 | Loans and advances to a related party (less than 5% of total equity) |
2.9% |
||
| 1.1 | Bank shareholders |
– |
– |
– |
| 1.2 | Key management personnel |
– |
– |
– |
| 1.3 | Other related parties |
Loan |
6,057 |
2.9% |
| 2 | Total loans and advances to related parties (less than 20% of total equity) |
10.6% |
||
| 2.1 | Bank shareholders |
Loan |
100 |
0.0% |
| 2.2 | Key management personnel |
Loan |
1,090 |
0.5% |
| 2.3 | Other related parties |
Loan |
20,939 |
10.0% |