| Quarter-4,2018 |
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|
|
| FINANCIAL STATEMENT |
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|
|
|
|
|
|
(in millions of MNT) |
|
| Items |
12/31/2018 |
|
| 1 |
ASSET |
|
| 1.1 |
Cash and cash equivalents |
179,445.56 |
|
| 1.2 |
Due from banks and financial institutions |
– |
|
| 1.3 |
Financial investments |
29,448.48 |
|
| 1.3.5 |
Investmens in associates |
– |
|
| 1.4 |
Loans and advances to customers (net) |
289,073.00 |
|
| 1.4.1 |
Performing loans |
289,703.70 |
|
| 1.4.2 |
Non-performing loans |
– |
|
| 1.4.6 |
Deferred loan payment |
– |
|
| 1.4.7 |
Accrued interest receivable |
1,275.20 |
|
| 1.4.8 |
Loan Loss Provision |
(1,905.90) |
|
| 1.5 |
Derivative financial assets |
– |
|
| 1.6 |
Other financial assets |
0.24 |
|
| 1.7 |
Other non-financial assets |
1,057.13 |
|
| 1.8 |
Fixed assets (net) |
2,181.15 |
|
| 1.9 |
Real estate for investment |
– |
|
| 1.10 |
Assets for sale |
– |
|
| 1.11 |
Intangible assets |
636.57 |
|
| 1.12 |
Total assets |
501,842.13 |
|
| 2 |
LIABILITIES |
|
| 2.1 |
Current account |
10,433.89 |
|
| 2.2 |
Savings account |
137,691.26 |
|
| 2.3 |
Due to banks and financial instituitions |
215,439.38 |
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| 2.4 |
Other deposits |
29,688.82 |
|
| 2.5 |
Other liabilities |
31,373.19 |
|
| 2.10 |
Total liabilities |
424,626.55 |
|
| 3 |
EQUITY |
|
| 3.1 |
Share capital |
78,000.00 |
|
| 3.2 |
Share premium |
– |
|
| 3.3 |
Treasury shares |
– |
|
| 3.4 |
Revaluation surplus |
0.57 |
|
| 3.5 |
Retained earnings /loss/ |
(812.94) |
|
| 3.6 |
Other reserves |
27.95 |
|
| 3.7 |
Total equity |
77,215.58 |
|
| 4 |
TOTAL LIABILITIES AND EQUITY |
501,842.13 |
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| INCOME STATEMENT |
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|
(in millions of MNT) |
|
| Items |
12/31/2018 |
|
| 1 |
Interest income |
24,673.36 |
|
| 1.1 |
From Bank of Mongolia |
299.30 |
|
| 1.2 |
From Other banks & financial institutions |
2,147.45 |
|
| 1.3 |
From securities |
4,626.95 |
|
| 1.4 |
From loans |
17,599.66 |
|
| 1.5 |
Other interest income |
– |
|
| 2 |
Interest expense |
12,976.56 |
|
| 2.1 |
Interest expense on current account |
1,314.77 |
|
| 2.2 |
Interest expense on savings account |
11,120.31 |
|
| 2.3 |
Interest expense on borrowed funds |
6.12 |
|
| 2.4 |
Interest expense on securities |
535.36 |
|
| 2.5 |
Other interest expense |
– |
|
| 3 |
NET INTEREST INCOME (1-2) |
11,696.81 |
|
| 4 |
Provision expenses |
1,555.95 |
|
| 4.1 |
Deposits at other banks and financial institutions |
59.22 |
|
| 4.2 |
Securities |
64.99 |
|
| 4.3 |
Loans |
1,431.74 |
|
| 5 |
Net interest income after provision [(3)-(4)] |
10,140.85 |
|
| 6 |
Other income |
1,447.68 |
|
| 6.1 |
Non-interest income |
1,331.13 |
|
| 6.1.1 |
Trading income |
563.08 |
|
| 6.1.2 |
Exchange and revaluation adjustment expense |
– |
|
| 6.1.3 |
Fees and commission income |
768.06 |
|
| 6.1.4 |
Other non-interest income |
– |
|
| 6.2 |
Other income |
116.55 |
|
| 7 |
Other expense |
6,355.05 |
|
| 7.1 |
Non-interest expense |
5,982.50 |
|
| 7.1.1 |
Other provision expense |
0.03 |
|
| 7.1.2 |
Trade expense |
– |
|
| 7.1.3 |
Exchange and revaluation adjustment expense |
231.65 |
|
| 7.1.4 |
Fees and commission expense |
266.37 |
|
| 7.1.5 |
Other operating expense |
5,484.45 |
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| 7.2 |
Other expense |
372.55 |
|
| 8 |
Profit Before Tax (5+6-7) |
5,233.49 |
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| 9 |
Income tax expense |
1,408.14 |
|
| 10 |
Profit After Taxes (8-9) |
3,825.35 |
|
| 11 |
Other comprehensive income |
64.99 |
|
| 12 |
Total comprehensive income for the year (10+11) |
3,890.33 |
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| OFF BALANCE SHEET |
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|
(in millions of MNT) |
|
| Contingencies and commitments (net) |
1,428.91 |
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| PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA |
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|
|
|
| Ratios |
Limit |
Bank |
| Tier 1 ratio |
≥ 9% |
24.2% |
| Capital adequacy ratio |
≥ 12% |
24.2% |
| Liquidity |
≥ 25% |
33.7% |
| Foreign currency open position ratio (by each currency) |
< ±15% |
8.6% |
| Foreign currency open position ratio (total) |
< ±40% |
8.8% |