Categories
Category: Financial information
(MNT million)
|
STATEMENT OF FINANCIAL POSITION |
31/12/2025 |
|
|
1 |
ASSETS |
|
|
1.1 |
Cash and cash equivalents |
443,418 |
|
1.2 |
Due from banks and financial institutions |
169,557 |
|
1.3 |
Financial investments |
54,299 |
|
1.4 |
Loans and advances to customers (net) |
885,930 |
|
1.4.1 |
Performing loans |
838,495 |
|
1.4.2 |
Non-performing loans |
77,638 |
|
1.4.3 |
Deferred loan payment |
(226) |
|
1.4.4 |
Accrued interest receivable |
23,529 |
|
1.4.5 |
Loan loss provision |
(53,506) |
|
1.5 |
Derivative financial assets |
438 |
|
1.6 |
Other financial assets |
1,045 |
|
1.7 |
Other non-financial assets |
35,835 |
|
1.8 |
Fixed assets |
13,886 |
|
1.9 |
Properties held for sale |
50,277 |
|
1.1 |
Intangible assets |
12,221 |
|
1.11 |
Total assets |
1,666,906 |
|
2 |
LIABILITIES |
|
|
2.1 |
Current accounts |
185,080 |
|
2.2 |
Savings accounts |
995,654 |
|
2.3 |
Due to banks and financial instituitions |
209,521 |
|
2.4 |
Other funds |
73,368 |
|
2.5 |
Derivative financial liabilities |
1,419 |
|
2.6 |
Other liabilities |
16,091 |
|
2.7 |
Total liabilities |
1,441,133 |
|
3 |
EQUITY |
|
|
3.1 |
Share capital |
146,474 |
|
3.2 |
Share premium |
15,654 |
|
3.3 |
Treasury shares |
(7,032) |
|
3.4 |
Retained earnings |
70,612 |
|
3.5 |
Other reserves |
74 |
|
3.6 |
Total equity |
225,773 |
|
4 |
TOTAL LIABILITIES AND EQUITY |
1,666,906 |
|
OFF BALANCE SHEET |
|
|
Contingencies and commitments (net) |
32,587 |
(MNT million)
|
INCOME STATEMENT |
31/12/2025 |
|
|
1 |
Interest income |
175,978 |
|
1.1 |
From Bank of Mongolia |
144 |
|
1.2 |
From banks and financial institutions |
593 |
|
1.3 |
From securities |
15,101 |
|
1.4 |
From loans |
157,860 |
|
1.5 |
Other interest income |
2,280 |
|
2 |
Interest expense |
123,007 |
|
2.1 |
Interest expense on current accounts |
2,639 |
|
2.2 |
Interest expense on savings accounts |
106,708 |
|
2.3 |
Interest expense on borrowed funds |
6,521 |
|
2.4 |
Interest expense on securities |
667 |
|
2.5 |
Other interest expenses |
6,472 |
|
3 |
Net interest income (1-2) |
52,971 |
|
4 |
Provision expense |
1,869 |
|
4.1 |
Deposits at banks and financial institutions |
366 |
|
4.2 |
Securities |
192 |
|
4.3 |
Loans |
1,311 |
|
5 |
Net income after provision (3-4) |
51,102 |
|
6 |
Other income |
34,568 |
|
6.1 |
Non-interest income |
34,332 |
|
6.1.1 |
Trading income |
11,761 |
|
6.1.2 |
Foreign exchange and revaluation income |
20,407 |
|
6.1.3 |
Fees and commission income |
2,157 |
|
6.1.4 |
Other non-interest income |
7 |
|
6.2 |
Other income, gain |
236 |
|
7 |
Other expenses |
61,890 |
|
7.1 |
Non-interest expenses |
61,195 |
|
7.1.1 |
Other provision expense |
1,200 |
|
7.1.2 |
Trading expense |
8,225 |
|
7.1.3 |
Foreign exchange and revaluation expense |
17,954 |
|
7.1.4 |
Fees and commission expense |
1,806 |
|
7.1.5 |
Other operating expenses |
32,010 |
|
7.2 |
Other expenses, losses |
695 |
|
8 |
Profit Before Tax (5+6-7) |
23,780 |
|
9 |
Income tax expense |
5,449 |
|
10 |
Net profit for the year (8-9) |
18,331 |
|
11 |
Other comprehensive income |
36 |
|
12 |
Total comprehensive income for the year (10+11) |
18,367 |
|
PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA |
LIMIT |
PERFORMANCE |
|
Tier 1 capital ratio |
≥ 9% |
19.9% |
|
Capital adequacy ratio |
≥ 12% |
19.9% |
|
Liquidity ratio |
≥ 25% |
44.9% |
|
Foreign currency open position ratio (single currency) |
< ±15% |
-3.9% |
|
Foreign currency open position ratio (total) |
< ±30% |
-14.2% |
|
LOANS AND ADVANCES TO RELATED PARTIES |
CATEGORY OF ASSETS |
BALANCE |
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 |
6,632 |
2.9% |
|
2 |
Total loans and advances to related parties (less than 20% of total equity) |
4.7% |
||
|
2.1 |
Bank shareholders |
Loan |
100 |
0.0% |
|
2.2 |
Key management personnel |
Loan |
814 |
0.4% |
|
2.3 |
Other related parties |
Loan |
10,705 |
4.3% |
Categories
Fitch Ratings credit rating agency
On September 3, 2025, Fitch Ratings assigned TransBank its first-time credit rating with a Stable Outlook.
In its report, Fitch highlighted that TransBank’s loan portfolio grew by 20% in the first half of 2025, reflecting strong expansion above the industry average. The Bank’s capital adequacy ratio stood at 21%, exceeding the regulatory minimum of 12% by 9 percent, demonstrating solid risk-bearing capacity.
TransBank had been rated by Moody’s Investors Service since 2018, up until 2025, the Bank is now rated by Fitch Ratings, with its credit outlook showing an improved assessment.
Fitch also assigned a Short-Term Issuer Default Rating of ‘B’, which is in line with the systematically important commercial banks, underscoring the Bank’s ability to compete in international markets.
According to Fitch, Mongolia’s medium-term economic growth trend provides a favorable operating environment for the banking sector overall.
Through this rating, TransBank is further strengthening its position in both domestic and international markets, while continuing to uphold the trust of its customers and partner institutions.
Credit Ratings
Sep 03, 2025
| Outlook | Stable |
| Long-Term Issuer Default Rating | В- |
| Short-Term Issuer Default Rating | B |
| Viability Rating | b- |
(MNT million)
|
STATEMENT OF FINANCIAL POSITION |
30/09/2025 |
|
|
1 |
ASSETS |
|
|
1.1 |
Cash and cash equivalents |
327,495 |
|
1.2 |
Due from banks and financial institutions |
125,935 |
|
1.3 |
Financial investments |
111,333 |
|
1.4 |
Loans and advances to customers (net) |
820,807 |
|
1.4.1 |
Performing loans |
763,078 |
|
1.4.2 |
Non-performing loans |
72,468 |
|
1.4.3 |
Deferred loan payment |
(178) |
|
1.4.4 |
Accrued interest receivable |
30,607 |
|
1.4.5 |
Loan loss provision |
(45,168) |
|
1.5 |
Derivative financial assets |
884 |
|
1.6 |
Other financial assets |
3,328 |
|
1.7 |
Other non-financial assets |
35,772 |
|
1.8 |
Fixed assets |
15,277 |
|
1.9 |
Properties held for sale |
48,838 |
|
1.1 |
Intangible assets |
12,738 |
|
1.11 |
Total assets |
1,502,407 |
|
2 |
LIABILITIES |
|
|
2.1 |
Current accounts |
179,817 |
|
2.2 |
Savings accounts |
741,673 |
|
2.3 |
Due to banks and financial instituitions |
211,316 |
|
2.4 |
Other funds |
126,942 |
|
2.5 |
Derivative financial liabilities |
2,561 |
|
2.6 |
Other liabilities |
22,331 |
|
2.7 |
Total liabilities |
1,284,640 |
|
3 |
EQUITY |
|
|
3.1 |
Share capital |
146,474 |
|
3.2 |
Share premium |
15,645 |
|
3.3 |
Treasury shares |
(7,032) |
|
3.4 |
Retained earnings |
60,110 |
|
3.5 |
Other reserves |
2,570 |
|
3.6 |
Total equity |
217,767 |
|
4 |
TOTAL LIABILITIES AND EQUITY |
1,502,407 |
(MNT million)
|
INCOME STATEMENT |
30/09/2025 |
|
|
1 |
Interest income |
117,782 |
|
1.1 |
From Bank of Mongolia |
92 |
|
1.2 |
From banks and financial institutions |
491 |
|
1.3 |
From securities |
7,376 |
|
1.4 |
From loans |
107,731 |
|
1.5 |
Other interest income |
2,092 |
|
2 |
Interest expense |
85,053 |
|
2.1 |
Interest expense on current accounts |
1,537 |
|
2.2 |
Interest expense on savings accounts |
73,242 |
|
2.3 |
Interest expense on borrowed funds |
4,718 |
|
2.4 |
Interest expense on securities |
520 |
|
2.5 |
Other interest expenses |
5,036 |
|
3 |
Net interest income (1-2) |
32,729 |
|
4 |
Provision expense |
– |
|
4.1 |
Deposits at banks and financial institutions |
– |
|
4.2 |
Securities |
– |
|
4.3 |
Loans |
– |
|
5 |
Net income after provision (3-4) |
32,729 |
|
6 |
Other income |
38,031 |
|
6.1 |
Non-interest income |
37,889 |
|
6.1.1 |
Trading income |
8,601 |
|
6.1.2 |
Foreign exchange and revaluation income |
20,463 |
|
6.1.3 |
Fees and commission income |
1,784 |
|
6.1.4 |
Other non-interest income |
7,041 |
|
6.2 |
Other income, gain |
142 |
|
7 |
Other expenses |
57,792 |
|
7.1 |
Non-interest expenses |
57,454 |
|
7.1.1 |
Other provision expense |
8,343 |
|
7.1.2 |
Trading expense |
7,920 |
|
7.1.3 |
Foreign exchange and revaluation expense |
17,265 |
|
7.1.4 |
Fees and commission expense |
1,424 |
|
7.1.5 |
Other operating expenses |
22,502 |
|
7.2 |
Other expenses, losses |
338 |
|
8 |
Profit Before Tax (5+6-7) |
12,968 |
|
9 |
Income tax expense |
2,684 |
|
10 |
Net profit for the year (8-9) |
10,284 |
|
11 |
Other comprehensive income |
– |
|
12 |
Total comprehensive income for the year (10+11) |
10,284 |
|
OFF BALANCE SHEET |
|
|
Contingencies and commitments (net) |
31,984 |
|
PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA |
LIMIT |
PERFORMANCE |
|
Tier 1 capital ratio |
≥ 9% |
20.0% |
|
Capital adequacy ratio |
≥ 12% |
20.0% |
|
Liquidity ratio |
≥ 25% |
39.8% |
|
Foreign currency open position ratio (single currency) |
< ±15% |
7.9% |
|
Foreign currency open position ratio (total) |
< ±30% |
16.5% |
|
LOANS AND ADVANCES TO RELATED PARTIES |
CATEGORY OF ASSETS |
BALANCE |
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 |
6,262.03 |
2.9% |
|
2 |
Total loans and advances to related parties (less than 20% of total equity) |
5.0% |
||
|
2.1 |
Bank shareholders |
Loan |
100 |
0.0% |
|
2.2 |
Key management personnel |
Loan |
674 |
0.3% |
|
2.3 |
Other related parties |
Loan |
11,080 |
4.6% |
STATEMENT OF FINANCIAL POSITION
(MNT million)
| 1 | ASSETS | |
| 1.1 | Cash and cash equivalents |
210,002 |
| 1.2 | Due from banks and financial institutions |
117,633 |
| 1.3 | Financial investments |
69,489 |
| 1.4 | Loans and advances to customers (net) |
777,116 |
| 1.4.1 | Performing loans |
744,994 |
| 1.4.2 | Non-performing loans |
67,384 |
| 1.4.3 | Deferred loan payment |
(170) |
| 1.4.4 | Accrued interest receivable |
13,649 |
| 1.4.5 | Loan loss provision |
(48,741) |
| 1.5 | Derivative financial assets |
468 |
| 1.6 | Other financial assets |
630 |
| 1.7 | Other non-financial assets |
27,277 |
| 1.8 | Fixed assets |
18,352 |
| 1.9 | Properties held for sale |
48,731 |
| 1.10 | Intangible assets |
12,599 |
| 1.11 | Total assets |
1,282,297 |
| 2 | LIABILITIES | |
| 2.1 | Current accounts |
95,102 |
| 2.2 | Savings accounts |
656,055 |
| 2.3 | Due to banks and financial institutions |
205,216 |
| 2.4 | Other funds |
85,102 |
| 2.5 | Derivative financial liabilities |
2,018 |
| 2.6 | Other liabilities |
24,135 |
| 2.7 | Total liabilities |
1,067,628 |
| 3 | EQUITY | |
| 3.1 | Share capital |
146,474 |
| 3.2 | Share premium |
15,646 |
| 3.3 | Treasury shares |
(7,032) |
| 3.4 | Retained earnings |
55,644 |
| 3.5 | Other reserves |
3,937 |
| 3.6 | Total equity |
214,669 |
| 4 | TOTAL LIABILITIES AND EQUITY |
1,282,297 |
(MNT million)
| OFF BALANCE SHEET | |
| Contingencies and commitments (net) |
39,406 |
INCOME STATEMENT
(MNT million)
| 1 | Interest income |
74,837 |
| 1.1 | From Bank of Mongolia |
69 |
| 1.2 | From banks and financial institutions |
402 |
| 1.3 | From securities |
4,481 |
| 1.4 | From loans |
68,157 |
| 1.5 | Other interest income |
1,728 |
| 2 | Interest expense |
53,399 |
| 2.1 | Interest expense on current accounts |
914 |
| 2.2 | Interest expense on savings accounts |
45,647 |
| 2.3 | Interest expense on borrowed funds |
2,986 |
| 2.4 | Interest expense on securities |
403 |
| 2.5 | Other interest expenses |
3,449 |
| 3 | Net interest income (1-2) |
21,438 |
| 4 | Provision expense |
– |
| 5 | Net income after provision (3-4) |
21,438 |
| 6 | Other income |
30,363 |
| 6.1 | Non-interest income |
28,444 |
| 6.1.1 | Trading income |
4,987 |
| 6.1.2 | Foreign exchange and revaluation income |
19,014 |
| 6.1.3 | Fees and commission income |
985 |
| 6.1.4 | Other non-interest income |
3,458 |
| 6.2 | Other income, gain |
1,919 |
| 7 | Other expenses |
43,547 |
| 7.1 | Non-interest expenses |
43,383 |
| 7.1.1 | Other provision expense |
6,089 |
| 7.1.2 | Trading expense |
6,018 |
| 7.1.3 | Foreign exchange and revaluation expense |
14,883 |
| 7.1.4 | Fees and commission expense |
882 |
| 7.1.5 | Other operating expenses |
15,511 |
| 7.2 | Other expenses, losses |
164 |
| 8 | Profit Before Tax (5+6-7) |
8,254 |
| 9 | Income tax expense |
1,064 |
| 10 | Net profit for the year (8-9) |
7,190 |
| 11 | Other comprehensive income |
– |
| 12 | Total comprehensive income for the year (10+11) |
7,190 |
| PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA | LIMIT | PERFORMANCE |
| Tier 1 capital ratio |
≥ 9% |
20.7% |
| Capital adequacy ratio |
≥ 12% |
20.7% |
| Liquidity ratio |
≥ 25% |
28.9% |
| Foreign currency open position ratio (single currency) |
< ±15% |
-4.6% |
| Foreign currency open position ratio (total) |
< ±30% |
-12.2% |
| 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) |
3.0% |
||
| 1.1 | Bank shareholders |
– |
– |
– |
| 1.2 | Key management personnel |
– |
– |
– |
| 1.3 | Other related parties |
Loan |
6,346 |
3.0% |
| 2 | Total loans and advances to related parties (less than 20% of total equity) |
9.4% |
||
| 2.1 | Bank shareholders |
Loan |
100 |
0.0% |
| 2.2 | Key management personnel |
Loan |
766 |
0.4% |
| 2.3 | Other related parties |
Loan |
19,988 |
9.0% |
Categories
2024
STATEMENT OF FINANCIAL POSITION
(MNT million)
| 1 | ASSETS | |
| 1.1 | Cash and cash equivalents |
174,658 |
| 1.2 | Due from banks and financial institutions |
103,400 |
| 1.3 | Financial investments |
84,673 |
| 1.4 | Loans and advances to customers (net) |
669,223 |
| 1.4.1 | Performing loans |
615,567 |
| 1.4.2 | Non-performing loans |
85,067 |
| 1.4.3 | Deferred loan payment |
(102) |
| 1.4.4 | Accrued interest receivable |
22,789 |
| 1.4.5 | Loan loss provision |
(54,098) |
| 1.5 | Derivative financial assets |
534 |
| 1.6 | Other financial assets |
615 |
| 1.7 | Other non-financial assets |
47,061 |
| 1.8 | Fixed assets |
18,548 |
| 1.9 | Properties held for sale |
18,387 |
| 1.1 | Intangible assets |
12,954 |
| 1.11 | Total assets |
1,130,053 |
| 2 | LIABILITIES | |
| 2.1 | Current accounts |
63,244 |
| 2.2 | Savings accounts |
614,566 |
| 2.3 | Due to banks and financial institutions |
128,696 |
| 2.4 | Other funds |
85,101 |
| 2.5 | Derivative financial liabilities |
1,866 |
| 2.6 | Other liabilities |
24,065 |
| 2.7 | Total liabilities |
917,538 |
| 3 | EQUITY | |
| 3.1 | Share capital |
146,474 |
| 3.2 | Share premium |
15,645 |
| 3.3 | Treasury shares |
(7,032) |
| 3.4 | Retained earnings |
50,595 |
| 3.5 | Other reserves |
6,833 |
| 3.6 | Total equity |
212,515 |
| 4 | TOTAL LIABILITIES AND EQUITY |
1,130,053 |
(MNT million)
| OFF BALANCE SHEET | |
| Contingencies and commitments (net) |
13,410 |
INCOME STATEMENT
(MNT million)
| 1 | Interest income |
38,647 |
| 1.1 | From Bank of Mongolia |
– |
| 1.2 | From banks and financial institutions |
243 |
| 1.3 | From securities |
2,678 |
| 1.4 | From loans |
34,432 |
| 1.5 | Other interest income |
1,294 |
| 2 | Interest expense |
25,959 |
| 2.1 | Interest expense on current accounts |
486 |
| 2.2 | Interest expense on savings accounts |
22,177 |
| 2.3 | Interest expense on borrowed funds |
1,324 |
| 2.4 | Interest expense on securities |
105 |
| 2.5 | Other interest expenses |
1,867 |
| 3 | Net interest income (1-2) |
12,688 |
| 4 | Provision expense |
2,214 |
| 4.1 | Deposits at banks and financial institutions |
– |
| 4.2 | Securities |
– |
| 4.3 | Loans |
2,214 |
| 5 | Net income after provision (3-4) |
10,474 |
| 6 | Other income |
15,619 |
| 6.1 | Non-interest income |
13,377 |
| 6.1.1 | Trading income |
1,898 |
| 6.1.2 | Foreign exchange and revaluation income |
10,982 |
| 6.1.3 | Fees and commission income |
497 |
| 6.1.4 | Other non-interest income |
– |
| 6.2 | Other income, gain |
2,242 |
| 7 | Other expenses |
20,674 |
| 7.1 | Non-interest expenses |
20,580 |
| 7.1.1 | Other provision expense |
958 |
| 7.1.2 | Trading expense |
1,274 |
| 7.1.3 | Foreign exchange and revaluation expense |
10,458 |
| 7.1.4 | Fees and commission expense |
518 |
| 7.1.5 | Other operating expenses |
7,372 |
| 7.2 | Other expenses, losses |
94 |
| 8 | Profit Before Tax (5+6-7) |
5,419 |
| 9 | Income tax expense |
559 |
| 10 | Net profit for the year (8-9) |
4,860 |
| 11 | Other comprehensive income |
– |
| 12 | Total comprehensive income for the year (10+11) |
4,860 |
| PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA | LIMIT | PERFORMANCE |
| Tier 1 capital ratio |
≥ 9% |
23.3% |
| Capital adequacy ratio |
≥ 12% |
23.3% |
| Liquidity ratio |
≥ 25% |
33.3% |
| Foreign currency open position ratio (single currency) |
< ±15% |
4.6% |
| Foreign currency open position ratio (total) |
< ±30% |
9.8% |
| 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 |
6,012 |
2.9% |
| 2 | Total loans and advances to related parties (less than 20% of total equity) |
10.2% |
||
| 2.1 | Bank shareholders |
Loan |
100 |
0.0% |
| 2.2 | Key management personnel |
Loan |
854 |
0.4% |
| 2.3 | Other related parties |
Loan |
20,164 |
9.7% |
Categories
2024
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% |
STATEMENT OF FINANCIAL POSITION
(MNT million)
| 1 | ASSETS | |
| 1.1 | Cash and cash equivalents | 184,400 |
| 1.2 | Due from banks and financial institutions | 44,971 |
| 1.3 | Financial investments | 25,173 |
| 1.4 | Loans and advances to customers (net) | 651,366 |
| 1.4.1 | Performing loans | 615,595 |
| 1.4.2 | Non-performing loans | 56,644 |
| 1.4.3 | Deferred loan payment | (104) |
| 1.4.4 | Accrued interest receivable | 16,528 |
| 1.4.5 | Loan loss provision | (37,297) |
| 1.5 | Derivative financial assets | 1,069 |
| 1.6 | Other financial assets | 1,130 |
| 1.7 | Other non-financial assets | 21,298 |
| 1.8 | Fixed assets | 17,792 |
| 1.9 | Properties held for sale | 24,267 |
| 1.1 | Intangible assets | 13,470 |
| 1.11 | Total assets | 984,936 |
| 2 | LIABILITIES | |
| 2.1 | Current accounts | 47,347 |
| 2.2 | Savings accounts | 430,781 |
| 2.3 | Due to banks and financial institutions | 242,506 |
| 2.4 | Other funds | 30,997 |
| 2.5 | Derivative financial liabilities | 1,827 |
| 2.6 | Other liabilities | 26,526 |
| 2.7 | Total liabilities | 779,984 |
| 3 | EQUITY | |
| 3.1 | Share capital | 146,474 |
| 3.2 | Share premium | 15,647 |
| 3.3 | Treasury shares | (7,032) |
| 3.4 | Retained earnings | 49,764 |
| 3.5 | Other reserves | 99 |
| 3.6 | Total equity | 204,952 |
| 4 | TOTAL LIABILITIES AND EQUITY | 984,936 |
(MNT million)
| OFF BALANCE SHEET | |||
| Contingencies and commitments (net) | 12,107 | ||
INCOME STATEMENT
(MNT million)
| 1 | Interest income |
90,001 |
| 1.1 | From Bank of Mongolia |
164 |
| 1.2 | From banks and financial institutions | 667 |
| 1.3 | From securities | 6,932 |
| 1.4 | From loans | 80,590 |
| 1.5 | Other interest income | 1,648 |
| 2 | Interest expense | 65,392 |
| 2.1 | Interest expense on current accounts | 1,057 |
| 2.2 | Interest expense on savings accounts | 42,517 |
| 2.3 | Interest expense on borrowed funds | 17,433 |
| 2.4 | Interest expense on securities | 363 |
| 2.5 | Other interest expenses | 4,022 |
| 3 | Net interest income (1-2) | 24,609 |
| 4 | Provision expense | – |
| 4.1 | Deposits at banks and financial institutions | – |
| 4.2 | Securities | – |
| 4.3 | Loans | – |
| 5 | Net income after provision (3-4) | 24,609 |
| 6 | Other income | 17,737 |
| 6.1 | Non-interest income | 17,596 |
| 6.1.1 | Trading income | 7,363 |
| 6.1.2 | Foreign exchange and revaluation income | 8,519 |
| 6.1.3 | Fees and commission income | 1,043 |
| 6.1.4 | Other non-interest income | 671 |
| 6.2 | Other income, gain | 141 |
| 7 | Other expenses | 32,494 |
| 7.1 | Non-interest expenses | 31,829 |
| 7.1.1 | Other provision expense | 946 |
| 7.1.2 | Trading expense | 2,811 |
| 7.1.3 | Foreign exchange and revaluation expense | 8,087 |
| 7.1.4 | Fees and commission expense | 1,161 |
| 7.1.5 | Other operating expenses | 18,824 |
| 7.2 | Other expenses, losses | 665 |
| 8 | Profit Before Tax (5+6-7) | 9,852 |
| 9 | Income tax expense | 1,799 |
| 10 | Net profit for the year (8-9) | 8,053 |
| 11 | Other comprehensive income | – |
| 12 | Total comprehensive income for the year (10+11) | 8,053 |
| PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA | LIMIT | PERFORMANCE |
| Tier 1 capital ratio | ≥ 9% | 23.9% |
| Capital adequacy ratio | ≥ 12% | 23.9% |
| Liquidity ratio | ≥ 25% | 30.2% |
| Foreign currency open position ratio (single currency) | < ±15% | 7.2% |
| Foreign currency open position ratio (total) | < ±30% | 14.5% |
| 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) | 3.3% | ||
| 1.1 | Bank shareholders | – | – | – |
| 1.2 | Key management personnel | – | – | – |
| 1.3 | Other related parties | Loan | 6,780 | 3.3% |
| 2 | Total loans and advances to related parties (less than 20% of total equity) | 11.2% | ||
| 2.1 | Bank shareholders | Loan | 100 | 0.0% |
| 2.2 | Key management personnel | Loan | 1,125 | 0.5% |
| 2.3 | Other related parties | Loan | 21,805 | 10.6% |