Author: Nasantsatsral B

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Financial education News

TRANSBANK ANNOUNCES 4TH QUARTER 2024 FINANCIAL REPORT

As of December 31, 2024, TransBank’s total assets reached MNT 1.1 trillion.

Through improvements in asset quality and growth in funding sources during the reporting period, the bank achieved a net profit of MNT 11.6 billion. Additionally, the credit risk-bearing capacity ratio increased to 87%, a 26-percentage-point rise compared to the previous year.

The bank’s prudential ratios remain within the regulation set by the Bank of Mongolia. The liquidity ratio stands at 31.8%, and the capital adequacy ratio is 25.2%, exceeding the required minimum by 13.2 percentage points.

During this period, TransBank made significant strides in enhancing its customer service culture, improving risk management practices, and optimizing internal operations. These efforts have bolstered the bank’s service availability, scope, efficiency, and competitiveness, while strengthening its long-term financial stability and capacity.

For detailed financial information, please click HERE.

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要求を送信する

関連する検討事項

  1. 各質問をよく読んで確認し、正確かつ完全に情報を入力する必要があります。登録フォームのデータ入力が不正確または誤りであった場合の結果については、お客様が責任を負うものとします。
  2. お客様が開設した口座に関する一切、モンゴルの関係法令および当行と締結した預金契約に準拠するものとします。
  3. 申請者は銀行の公式メールアドレスから届いた指示によると、口座契約書及び関連書類に記入し、外国にあるモンゴル大使館、領事館、駐在員事務所のいずれかの認証を受け、交通開発銀行に内容証明郵便で送付する必要があります。
  4. 銀行は、顧客口座開設のため書類を確認後、営業日以内に口座を開設し、これらの書類が法律的要件を不可能した場合は、口座開設をお断りします。
  5.  交通開発銀行の顧客口座開設サービスに関連する電子メールは………..@transbank.mn にのみ送信されるものとします。このアドレス以外から情報を受信した場合は、急に@transbank.mnに報告してください
  6. 口座開設および契約締結に関する電子メールを受領した日から30日以内に開設した口座に収入がない場合、口座は閉鎖されることにご注意ください
  7. お客様は、ご自身の口座情報およびインターネットバンキングのログインパスワードを秘密にする義務があり、他人が情報を悪用した場合の結果について、当行は責任を負いません。
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Introduction to Tokyo Representative Office

東京駐在員事務所の紹介

交通開発銀行の業務範囲を拡大し、市場占有を拡大するという主な目標の枠内で、国際銀行、コルレス銀行関係の強化、モンゴルの経済・市場の優位性の促進など、様々な活動に取り組んでいます。その一環として、日本の金融庁（2022年12月9日）およびモンゴル銀行（2023年1月25日）の認可を受け、両国の関連法に基づき、東京に駐在員事務所を開設しました。

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Introduction to Tokyo Representative Office

Contact details

Contact
Name of Representative Office:   Tokyo Representative Office
Address: 〒100-0004　東京都千代田区大手町１－５ －１ 大手 町ファーストスクエア イースト\タワー４F
Telephone number:  03-5219-1440
Chief Representative: Hajime Uchida
E-mail address:     Tokyo.office@transbank.mn
Website: www.transbank.jp
Categories
Quarterly financial statements

2024 year IV quarter

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%

 

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Хараат бус гишүүдийн тайлан

2024 IV улирал

Categories
Green Project Loan Small and medium business loans

The product offers the following advantages

  • Flexible loan terms and grace periods, with the option to disburse in three different currencies;
  • Customers can modify their business model under the project loan, allowing them to shift to a more resource-efficient, environmentally sustainable, and green business approach.
Categories
Green Project Loan Small and medium business loans

Terms and conditions

Green Project Loan MNT USD EUR
Loan Amount /max/ The maximum loan amount will be determined based on the business scope, assets, and financial capacity.
Interest Rate (monthly) 2.0%- 1.6% 1.5% – 1.1% 1.5%-1.1%
Interest Rate (annual) 24.0%-19.2% 18.0%- 13.2% 18.0%-13.2%
Loan Term Up to 60 months Up to 36 months
Loan Disbursement Fee 1% of the disbursed loan amount, with a maximum of MNT 1,500,000 0.5% of the disbursed loan amount, with a maximum of 1,500 USD or the equivalent in EUR
Additional Interest Additional interest is equal to 20% of the base interest rate
Fee for Changes to Initial Loan Terms 0%
Grace Period for Principal Repayment Up to 12-24 months

Actual cost /annual/: 19.7%-24.5%

Categories
Green Project Loan Small and medium business loans

Requirements

  • The loan applicant must have provided up to 30% of the required total investment with his own funds;
  • Experience in continuous business activity for the last 12 months, for a newly started business, continuous activity for the last 6 months;
  • Obtaining a special license to operate from the relevant authority;
  • Financial statements must be certified by the Tax Office;
  • No poor quality loan balances;
  • Have collateral that bank’s requirements;
Categories
Green Project Loan Small and medium business loans

Eligibility or required documents

  • Loan application letter;
  • Loan application /from Bank/
  • Presentation of business activities;
  • A copy the registration certificate issued by the State Registration Authorities;
  • Financial statements certified by audit and tax authorities /last 1-3 years/;
  • Special licenses, business plans and other documents related to business activities
  • Other Required documents