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Чанаргүй активыг бууруулах ЗОРИЛТ-ыг үнэлэх үзүүлэлт	Стратеги батлагдсан огноо (2023.12.31)	ЧАНАРГҮЙ АКТИВЫГ БУУРУУЛАХ ЗОРИЛТ	ТАЙЛАНТ ҮЕИЙН /2024.06.30/
		Богино хугацаа (1 жил)	ТАЙЛАНТ ҮЕИЙН /2024.06.30/
		2024.12.31	ЗОРИЛТ	ГҮЙЦЭТГЭЛ	ГҮЙЦЭТГЭЛИЙН %
Нийт зээлийн багцын дүн	694,905.8	955,543.0	846,570.0	671,265.4	79.3%
Чанаргүй зээлийн багцын дүн	62,023.1	76,443.0	77,884.0	58,443.9	75.0%
Чанаргүй зээлийн хувь	8.9%	8.0%	9.2%	8.7%	94.6%
Нийт зээлийн эрсдэлийн сан	37,324.8	45,866.0	48,329.0	41,265.2	85.4%
Зээлээс бусад чанаргүй активын дүн	55.3	50.2	47.3	510.0	1078.3%
Зээлээс бусад активын сан	55.3	50.2	47.3	383.3	810.3%
Бүтэц өөрчлөгдсөн актив	3.3%	5.0%	5.0%	2.9%	57.1%

Compliance

Anti-money laundering and countering the financing of terrorism policy:

Transport and Development Bank has implemented compliance principles into our business operation in accordance with the Law on Anti-money laundering and countering the financing of terrorism (AML/CFT Law), as well as regulations, recommendations, and standards issued by international and domestic regulatory bodies.

The Bank has developed an AML/CFT program covering Know Your Customer (KYC) Procedure, Customer/Product ML/TF Risk assessment, Implementation of international sanctions, and Correspondent bank and financial institution’s relationship in accordance with applicable laws and regulations.

In accordance with the AML/CFT Law and Regulations, the Bank shall undertake appropriate KYC measures to fully ensure and verify customer’s data, payment slip, agreements, invoices and any other documents prior to providing any banking services.

The information indicated below shall be authenticated by an official source and documents. These include:

The purpose of a business relationship with the bank;
Beneficial owner and shareholder structure, asset management information;
Customers’ nature of business and operations are in line with the purpose of the transaction;

Prior to establishing any financial and business relationship with foreign banks, the Bank shall comply with the requirements of the Correspondent Banking Due Diligence Questionnaire (CBDDQ) and recommendations on correspondent banking relationships issued by Wolfsberg Group, US Patriot Act, and FATCA Regulation.

Wolfsberg CBDDQ:

Please click here to access the Correspondent Banking Due Diligence Questionnaire (CBDDQ) for FIs defined by the “Wolfsberg Group”. (Appendix shall be included in the “click on here” section)

US Patriot Act:

Please click here to access the Global USA Patriot Act certification issued by the U.S. Department of the Treasury. (Appendix shall be included in the “click on here” section)

FATCA:

Transport and Development Bank, akin to every financial institution in the world is obligated to report foreign financial assets and accounts held by US Person and legal entities to the US Internal Revenue Service (IRS) under the Foreign Account Tax Compliance Act (FATCA).

Please click here to access the FATCA W-8BEN-E form completed by the Transport and Development Bank. (Appendix shall be included in the “click on here” section)

Quarterly financial statements

2023 year II quarter

STATEMENT OF FINANCIAL POSITION

(MNT million)

1	ASSETS
1.1	Cash and cash equivalents	225,711
1.2	Due from banks and financial institutions	62,780
1.3	Financial investments	37,151
1.4	Loans and advances to customers (net)	583,776
1.4.1	Performing loans	529,894
1.4.2	Non-performing loans	74,564
1.4.3	Deferred loan payment	(152)
1.4.4	Accrued interest receivable	13,899
1.4.5	Loan loss provision	(34,429)
1.5	Derivative financial assets	1,197
1.6	Other financial assets	558
1.7	Other non-financial assets	16,000
1.8	Fixed assets	21,710
1.9	Properties held for sale	14,184
1.10	Intangible assets	12,306
1.11	Total assets	975,373
2	LIABILITIES
2.1	Current accounts	70,651
2.2	Savings accounts	422,334
2.3	Due to banks and financial institutions	233,108
2.4	Other funds	21,290
2.5	Derivative financial liabilities	662
2.6	Other liabilities	38,155
2.7	Total liabilities	786,200
3	EQUITY
3.1	Share capital	146,474
3.2	Share premium	15,647
3.3	Treasury shares	(7,032)
3.4	Retained earnings	34,026
3.5	Other reserves	58
3.6	Total equity	189,173
4	TOTAL LIABILITIES AND EQUITY	975,373

(MNT million)

OFF BALANCE SHEET
Contingencies and commitments (net)			12,164

INCOME STATEMENT

(MNT million)

1	Interest income	54,870
1.1	From Bank of Mongolia	1,604
1.2	From banks and financial institutions	1,666
1.3	From securities	3,806
1.4	From loans	43,705
1.5	Other interest income	4,089
2	Interest expense	36,426
2.1	Interest expense on current accounts	943
2.2	Interest expense on savings accounts	28,164
2.3	Interest expense on borrowed funds	1,027
2.4	Interest expense on securities	768
2.5	Other interest expenses	5,524
3	Net interest income (1-2)	18,444
4	Provision expense	4,992
4.1	Deposits at banks and financial institutions	–
4.2	Securities	–
4.3	Loans	4,992
5	Net income after provision (3-4)	13,452
6	Other income	16,955
6.1	Non-interest income	16,867
6.1.1	Trading income	8,252
6.1.2	Foreign exchange and revaluation income	7,929
6.1.3	Fees and commission income	641
6.1.4	Other non-interest income	45
6.2	Other income, gain	88
7	Other expenses	27,248
7.1	Non-interest expenses	27,088
7.1.1	Other provision expense	230
7.1.2	Trading expense	7,190
7.1.3	Foreign exchange and revaluation expense	6,048
7.1.4	Fees and commission expense	737
7.1.5	Other operating expenses	12,883
7.2	Other expenses, losses	160
8	Profit Before Tax (5+6-7)	3,159
9	Income tax expense	267
10	Net profit for the year (8-9)	2,892
11	Other comprehensive income	–
12	Total comprehensive income for the year (10+11)	2,892

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA	LIMIT	PERFORMANCE
Tier 1 capital ratio	≥ 9%	26.0%
Capital adequacy ratio	≥ 12%	26.0%
Liquidity ratio	≥ 25%	29.8%
Foreign currency open position ratio (single currency)	< ±15%	5.2%
Foreign currency open position ratio (total)	< ±30%	10.9%

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)			3.2%
1.1	Bank shareholders	–	–	–
1.2	Key management personnel	–	–	–
1.3	Other related parties	Loan	6,143	3.2%
2	Total loans and advances to related parties (less than 20% of total equity)			13.9%
2.1	Bank shareholders	Loan	100	0.1%
2.2	Key management personnel	Loan	426	0.2%
2.3	Other related parties	Loan	25,702	13.6%

Quarterly financial statements

2023 year I quarter

STATEMENT OF FINANCIAL POSITION

(MNT million)

1	ASSETS
1.1	Cash and cash equivalents	313,498
1.2	Due from banks and financial institutions	75,269
1.3	Financial investments	89,237
1.4	Loans and advances to customers (net)	567,373
1.4.1	Performing loans	508,338
1.4.2	Non-performing loans	76,442
1.4.3	Deferred loan payment	(134)
1.4.4	Accrued interest receivable	14,405
1.4.5	Loan loss provision	(31,678)
1.5	Derivative financial assets	4,412
1.6	Other financial assets	536
1.7	Other non-financial assets	19,452
1.8	Fixed assets	24,351
1.10	Intangible assets	10,401
1.11	Total assets	1,104,529
2	LIABILITIES
2.1	Current accounts	90,942
2.2	Savings accounts	439,542
2.3	Due to banks and financial institutions	339,762
2.4	Other funds	20,703
2.5	Derivative financial liabilities	5,743
2.6	Other liabilities	18,021
2.7	Total liabilities	914,713
3	EQUITY
3.1	Share capital	146,474
3.2	Share premium	15,647
3.3	Treasury shares	(7,032)
3.4	Retained earnings	34,670
3.5	Other reserves	57
3.6	Total equity	189,816
4	TOTAL LIABILITIES AND EQUITY	1,104,529

(MNT million)

OFF BALANCE SHEET
Contingencies and commitments (net)			9,149

INCOME STATEMENT

1	Interest income	28,666
1.1	From Bank of Mongolia	1,450
1.2	From banks and financial institutions	714
1.3	From securities	1,801
1.4	From loans	22,442
1.5	Other interest income	2,259
2	Interest expense	17,630
2.1	Interest expense on current accounts	436
2.2	Interest expense on savings accounts	13,279
2.3	Interest expense on borrowed funds	536
2.4	Interest expense on securities	490
2.5	Other interest expenses	2,889
3	Net interest income (1-2)	11,036
4	Provision expense	2,168
4.1	Deposits at banks and financial institutions	–
4.2	Securities	–
4.3	Loans	2,168
5	Net income after provision (3-4)	8,868
6	Other income	7,141
6.1	Non-interest income	7,081
6.1.1	Trading income	2,262
6.1.2	Foreign exchange and revaluation income	4,365
6.1.3	Fees and commission income	409
6.1.4	Other non-interest income	45
6.2	Other income, gain	60
7	Other expenses	12,273
7.1	Non-interest expenses	12,242
7.1.1	Other provision expense	158
7.1.2	Trading expense	2,407
7.1.3	Foreign exchange and revaluation expense	3,082
7.1.4	Fees and commission expense	472
7.1.5	Other operating expenses	6,123
7.2	Other expenses, losses	31
8	Profit Before Tax (5+6-7)	3,736
9	Income tax expense	200
10	Net profit for the year (8-9)	3,536
11	Other comprehensive income	–
12	Total comprehensive income for the year (10+11)	3,536

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA	LIMIT	PERFORMANCE
Tier 1 capital ratio	≥ 9%	26.7%
Capital adequacy ratio	≥ 12%	26.7%
Liquidity ratio	≥ 25%	37.6%
Foreign currency open position ratio (single currency)	< ±15%	4.8%
Foreign currency open position ratio (total)	< ±30%	5.2%

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)			3.3%
1.1	Bank shareholders	–	–	–
1.2	Key management personnel	–	–	–
1.3	Other related parties	Loan	6,315	3.3%
2	Total loans and advances to related parties (less than 20% of total equity)			14.3%
2.1	Bank shareholders	Loan	100	0.1%
2.2	Key management personnel	Loan	1,344	0.7%
2.3	Other related parties	Loan	25,636	13.5%

Card details	Visa Classic debit card
Card account currency	MNT, USD, CNY, EUR
Admission Fee	35,000 MNT
Validity	3 years
Expedited card issuance fee	35,000 MNT
ATM Withdrawal Fee (Other Domestic Banks)	500 MNT or equivalent in other currency
Balance inquiry fee (Other Domestic bank ATMs)	100 MNT or equivalent in other currency
Balance inquiry fee (Domestic banks)	100 MNT or equivalent in other currency
Pin code recovery at branch (Pinpad)	1,000 MNT or equivalent in other currency
Change/Recover e-pin code	No fee
Card re-issuance fee	20,000 MNT
Daily cash withdrawal limit	10,000,000 MNT or equivalent in other currency
Daily purchase limit	50,000,000 MNT or equivalent in other currency
Card account minimum balance	5,000 MNT/ 10 USD/ 10 EUR / 50CNY