(in millions of MNT)
| BALANCE SHEET ITEMS | 31/12/2021 | 30/06/2022 | ||
| 1 | ASSET | |||
| 1.1 | Cash and cash equivalents | 131,425 | 162,346 | |
| 1.2 | Due from banks and financial institutions | 28,907 | 56,337 | |
| 1.3 | Financial investments | 82,961 | 41,330 | |
| 1.4 | Loans and advances to customers (net) | 423,569 | 494,759 | |
| 1.4.1 | Performing loans | 416,828 | 491,699 | |
| 1.4.2 | Non-performing loans | 11,722 | 15,638 | |
| 1.4.3 | Deferred loan payment | (126) | (147) | |
| 1.4.4 | Accrued interest receivable | 6,219 | 9,983 | |
| 1.4.5 | Loan Loss Provision | (19,415) | (22,414) | |
| 1.5 | Derivative financial assets | 36 | 1,318 | |
| 1.6 | Other financial assets | 42 | 144 | |
| 1.7 | Other non-financial assets | 34,630 | 58,518 | |
| 1.8 | Fixed assets (net) | 11,459 | 12,585 | |
| 1.9 | Intangible assets | 10,024 | 9,913 | |
| 1.10 | Total assets | 723,053 | 837,249 | |
| 2 | LIABILITIES | |||
| 2.1 | Current account | 58,149 | 111,974 | |
| 2.2 | Savings account | 259,021 | 304,096 | |
| 2.3 | Due to banks and financial institutions | 132,946 | 177,022 | |
| 2.4 | Other deposits | 82,048 | 47,042 | |
| 2.5 | Derivative financial liabilities | 20 | 2,255 | |
| 2.6 | Other liabilities | 8,165 | 9,362 | |
| 2.7 | Total liabilities | 540,349 | 651,751 | |
| 3 | EQUITY | |||
| 3.1 | Share capital | 146,474 | 146,474 | |
| 3.2 | Share premium | 15,645 | 15,645 | |
| 3.3 | Treasury shares | – | (7,032) | |
| 3.4 | Revaluation surplus | 1 | 1 | |
| 3.5 | Retained earnings /loss/ | 20,446 | 30,272 | |
| 3.6 | Other reserves | 138 | 138 | |
| 4 | Total equity | 182,704 | 185,498 | |
| 5 | TOTAL LIABILITIES AND EQUITY | 723,053 | 837,249 | |
(in millions of MNT)
| INCOME STATEMENT | 31/12/2021 | 30/06/2022 | |
| 1 | Interest income | 50,684 | 40,320 |
| 1.1 | From Bank of Mongolia | 132 | 60 |
| 1.2 | From Other banks & financial institutions | 855 | 1,039 |
| 1.3 | From securities | 4,493 | 2,753 |
| 1.4 | From loans | 44,370 | 34,933 |
| 1.5 | Other interest income | 834 | 1,535 |
| 2 | Interest expense | 24,882 | 19,420 |
| 2.1 | Interest expense on current account | – | – |
| 2.2 | Interest expense on savings account | 19,963 | 15,863 |
| 2.3 | Interest expense on borrowed funds | 1,948 | 1,302 |
| 2.4 | Interest expense on securities | 1,574 | 1,104 |
| 2.5 | Other interest expense | 1,397 | 1,151 |
| 3 | NET INTEREST INCOME (1-2) | 25,802 | 20,900 |
| 4 | Provision expenses (provision reverse income) | 599 | 2,216 |
| 4.1 | Deposits at other banks and financial institutions | 327 | – |
| 4.2 | Securities | 25 | – |
| 4.3 | Loans | 247 | 2,216 |
| 5 | Net interest income after provision [(3)-(4)] | 25,203 | 18,684 |
| 6 | Other income | 4,249 | 13,250 |
| 6.1 | Non-interest income | 4,249 | 13,101 |
| 6.1.1 | Trading income | 3,393 | 8,236 |
| 6.1.2 | Exchange and revaluation adjustment expense | 349 | 4,273 |
| 6.1.3 | Fees and commission income | 507 | 588 |
| 6.1.4 | Other non-interest income | – | 4 |
| 6.2 | Other income | – | 149 |
| 7 | Other expense | 15,559 | 20,127 |
| 7.1 | Non-interest expense | 15,194 | 19,856 |
| 7.1.1 | Other provision expense | 1 | – |
| 7.1.2 | Trade expense | 1,936 | 5,315 |
| 7.1.3 | Exchange and revaluation adjustment expense | 429 | 4,290 |
| 7.1.4 | Fees and commission expense | 462 | 596 |
| 7.1.5 | Other operating expense | 12,366 | 9,655 |
| 7.2 | Other expense | 365 | 271 |
| 8 | Profit Before Tax (5+6-7) | 13,893 | 11,807 |
| 9 | Income tax expense | 2,441 | 1,981 |
| 10 | Profit After Taxes (8-9) | 11,452 | 9,826 |
| 11 | Other comprehensive income | 92 | – |
| 12 | Total comprehensive income for the year (10+11) | 11,544 | 9,826 |
(in millions of MNT)
| OFF BALANCE SHEET | 31/12/2021 | 30/06/2022 |
| Contingencies and commitments (net) | 16,939 | 20,462 |
| PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA | Limit | 30/06/2022 |
| Tier 1 ratio | ≥ 9% | 29.4% |
| Capital adequacy ratio | ≥ 12% | 29.4% |
| Liquidity | ≥ 25% | 31.1% |
| Foreign currency open position ratio (by each currency) | < ±15% | -5.3% |
| Foreign currency open position ratio (total) | < ±30% | -9.2% |
(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) | 4.5% | ||
| 1.1 | Shareholders of the Bank | – | – | 0.0% |
| 1.2 | Key management personnel | – | – | 0.0% |
| 1.3 | Other related parties | Loan | 8,289 | 4.5% |
| 2 | Total Loans and other equivalent asset provided to related parties (less than 20% of capital) | 18.3% | ||
| 2.1 | Shareholders of the Bank | Loan | 100 | 0.1% |
| 2.2 | Key management personnel | Loan | 279 | 0.2% |
| 2.3 | Other related parties | Loan | 33,615 | 18.1% |