| Quarter-4,2019 |
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|
|
| FINANCIAL STATEMENT |
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|
|
|
|
|
|
(in millions of MNT) |
|
| Items |
12/31/2019 |
|
| 1 |
ASSET |
|
| 1.1 |
Cash and cash equivalents |
200,118.37 |
|
| 1.2 |
Due from banks and financial institutions |
10,003.42 |
|
| 1.3 |
Financial investments |
26,168.79 |
|
| 1.3.5 |
Investmens in associates |
– |
|
| 1.4 |
Loans and advances to customers (net) |
254,523.39 |
|
| 1.4.1 |
Performing loans |
249,501.74 |
|
| 1.4.2 |
Non-performing loans |
11,581.75 |
|
| 1.4.6 |
Deferred loan payment |
– |
|
| 1.4.7 |
Accrued interest receivable |
1,654.35 |
|
| 1.4.8 |
Loan Loss Provision |
(8,214.45) |
|
| 1.5 |
Derivative financial assets |
– |
|
| 1.6 |
Other financial assets |
685.69 |
|
| 1.7 |
Other non-financial assets |
26,079.09 |
|
| 1.8 |
Fixed assets (net) |
6,226.80 |
|
| 1.9 |
Real estate for investment |
– |
|
| 1.10 |
Assets for sale |
– |
|
| 1.11 |
Intangible assets |
747.77 |
|
| 1.12 |
Total assets |
524,553.34 |
|
| 2 |
LIABILITIES |
|
| 2.1 |
Current account |
57,751.11 |
|
| 2.2 |
Savings account |
190,952.88 |
|
| 2.3 |
Due to banks and financial instituitions |
163,726.27 |
|
| 2.4 |
Other deposits |
4,294.63 |
|
| 2.5 |
Other liabilities |
26,096.24 |
|
| 2.10 |
Total liabilities |
442,821.14 |
|
| 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/ |
3,638.70 |
|
| 3.6 |
Other reserves |
92.93 |
|
| 3.7 |
Total equity |
81,732.20 |
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| 4 |
TOTAL LIABILITIES AND EQUITY |
524,553.34 |
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| INCOME STATEMENT |
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|
(in millions of MNT) |
|
| Items |
12/31/2019 |
|
| 1 |
Interest income |
57,389.10 |
|
| 1.1 |
From Bank of Mongolia |
114.07 |
|
| 1.2 |
From Other banks & financial institutions |
4,577.71 |
|
| 1.3 |
From securities |
11,223.25 |
|
| 1.4 |
From loans |
41,474.06 |
|
| 1.5 |
Other interest income |
– |
|
| 2 |
Interest expense |
39,897.85 |
|
| 2.1 |
Interest expense on current account |
1,048.83 |
|
| 2.2 |
Interest expense on savings account |
31,857.35 |
|
| 2.3 |
Interest expense on borrowed funds |
13.08 |
|
| 2.4 |
Interest expense on securities |
6,593.43 |
|
| 2.5 |
Other interest expense |
385.15 |
|
| 3 |
NET INTEREST INCOME (1-2) |
17,491.25 |
|
| 4 |
Provision expenses |
6,269.56 |
|
| 4.1 |
Deposits at other banks and financial institutions |
– |
|
| 4.2 |
Securities |
– |
|
| 4.3 |
Loans |
6,269.56 |
|
| 5 |
Net interest income after provision [(3)-(4)] |
11,221.69 |
|
| 6 |
Other income |
2,335.17 |
|
| 6.1 |
Non-interest income |
1,820.57 |
|
| 6.1.1 |
Trading income |
700.22 |
|
| 6.1.2 |
Exchange and revaluation adjustment expense |
318.74 |
|
| 6.1.3 |
Fees and commission income |
801.60 |
|
| 6.1.4 |
Other non-interest income |
– |
|
| 6.2 |
Other income |
514.61 |
|
| 7 |
Other expense |
7,915.68 |
|
| 7.1 |
Non-interest expense |
7,677.85 |
|
| 7.1.1 |
Other provision expense |
47.76 |
|
| 7.1.2 |
Trade expense |
– |
|
| 7.1.3 |
Exchange and revaluation adjustment expense |
– |
|
| 7.1.4 |
Fees and commission expense |
393.38 |
|
| 7.1.5 |
Other operating expense |
7,236.71 |
|
| 7.2 |
Other expense |
237.83 |
|
| 8 |
Profit Before Tax (5+6-7) |
5,641.18 |
|
| 9 |
Income tax expense |
1,124.56 |
|
| 10 |
Profit After Taxes (8-9) |
4,516.62 |
|
| 11 |
Other comprehensive income |
– |
|
| 12 |
Total comprehensive income for the year (10+11) |
4,516.62 |
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| OFF BALANCE SHEET |
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|
(in millions of MNT) |
|
| Contingencies and commitments (net) |
2,027.32 |
|
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| PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA |
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|
|
|
| Ratios |
Limit |
Bank |
| Tier 1 ratio |
≥ 9% |
25.9% |
| Capital adequacy ratio |
≥ 12% |
25.9% |
| Liquidity |
≥ 25% |
53.1% |
| Foreign currency open position ratio (by each currency) |
< ±15% |
4.9% |
| Foreign currency open position ratio (total) |
< ±30% |
-14.2% |