| Quarter-3,2020 |
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|
|
| FINANCIAL STATEMENT |
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|
|
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|
|
(in millions of MNT) |
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| Items |
9/30/2020 |
|
| 1 |
ASSET |
|
| 1.1 |
Cash and cash equivalents |
133,563.22 |
|
| 1.2 |
Due from banks and financial institutions |
– |
|
| 1.3 |
Financial investments |
13,191.82 |
|
| 1.3.1 |
Investmens in associates |
– |
|
| 1.4 |
Loans and advances to customers (net) |
250,017.63 |
|
| 1.4.1 |
Performing loans |
247,071.17 |
|
| 1.4.2 |
Non-performing loans |
13,767.09 |
|
| 1.4.3 |
Deferred loan payment |
– |
|
| 1.4.4 |
Accrued interest receivable |
1,459.94 |
|
| 1.4.5 |
Loan Loss Provision |
(12,280.57) |
|
| 1.5 |
Derivative financial assets |
– |
|
| 1.6 |
Other financial assets |
11.73 |
|
| 1.7 |
Other non-financial assets |
2,167.54 |
|
| 1.8 |
Fixed assets (net) |
6,589.46 |
|
| 1.9 |
Real estate for investment |
– |
|
| 1.10 |
Assets for sale |
– |
|
| 1.11 |
Intangible assets |
519.06 |
|
| 1.12 |
Total assets |
406,060.47 |
|
| 2 |
LIABILITIES |
|
| 2.1 |
Current account |
13,398.23 |
|
| 2.2 |
Savings account |
106,096.43 |
|
| 2.3 |
Due to banks and financial instituitions |
156,684.96 |
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| 2.4 |
Other deposits |
13,250.70 |
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| 2.5 |
Other liabilities |
7,444.69 |
|
| 2.10 |
Total liabilities |
296,875.00 |
|
| 3 |
EQUITY |
|
| 3.1 |
Share capital |
100,000.00 |
|
| 3.2 |
Share premium |
– |
|
| 3.3 |
Treasury shares |
– |
|
| 3.4 |
Revaluation surplus |
0.57 |
|
| 3.5 |
Retained earnings /loss/ |
9,051.21 |
|
| 3.6 |
Other reserves |
133.69 |
|
| 3.7 |
Total equity |
109,185.47 |
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| 4 |
TOTAL LIABILITIES AND EQUITY |
406,060.47 |
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| INCOME STATEMENT |
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|
(in millions of MNT) |
|
| Items |
9/30/2020 |
|
| 1 |
Interest income |
34,565.97 |
|
| 1.1 |
From Bank of Mongolia |
260.60 |
|
| 1.2 |
From Other banks & financial institutions |
2,323.27 |
|
| 1.3 |
From securities |
2,971.27 |
|
| 1.4 |
From loans |
29,010.83 |
|
| 1.5 |
Other interest income |
– |
|
| 2 |
Interest expense |
20,987.08 |
|
| 2.1 |
Interest expense on current account |
609.25 |
|
| 2.2 |
Interest expense on savings account |
17,790.67 |
|
| 2.3 |
Interest expense on borrowed funds |
216.44 |
|
| 2.4 |
Interest expense on securities |
1,859.93 |
|
| 2.5 |
Other interest expense |
510.79 |
|
| 3 |
NET INTEREST INCOME (1-2) |
13,578.88 |
|
| 4 |
Provision expenses |
3,751.46 |
|
| 4.1 |
Deposits at other banks and financial institutions |
– |
|
| 4.2 |
Securities |
– |
|
| 4.3 |
Loans |
3,751.46 |
|
| 5 |
Net interest income after provision [(3)-(4)] |
9,827.42 |
|
| 6 |
Other income |
3,083.03 |
|
| 6.1 |
Non-interest income |
2,706.27 |
|
| 6.1.1 |
Trading income |
2,076.15 |
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| 6.1.2 |
Exchange and revaluation adjustment expense |
195.43 |
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| 6.1.3 |
Fees and commission income |
389.55 |
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| 6.1.4 |
Other non-interest income |
45.14 |
|
| 6.2 |
Other income |
376.76 |
|
| 7 |
Other expense |
6,977.27 |
|
| 7.1 |
Non-interest expense |
6,733.78 |
|
| 7.1.1 |
Other provision expense |
0.03 |
|
| 7.1.2 |
Trade expense |
– |
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| 7.1.3 |
Exchange and revaluation adjustment expense |
– |
|
| 7.1.4 |
Fees and commission expense |
336.98 |
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| 7.1.5 |
Other operating expense |
6,396.77 |
|
| 7.2 |
Other expense |
243.49 |
|
| 8 |
Profit Before Tax (5+6-7) |
5,933.18 |
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| 9 |
Income tax expense |
401.06 |
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| 10 |
Profit After Taxes (8-9) |
5,532.13 |
|
| 11 |
Other comprehensive income |
– |
|
| 12 |
Total comprehensive income for the year (10+11) |
5,532.13 |
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| OFF BALANCE SHEET |
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|
(in millions of MNT) |
|
| Contingencies and commitments (net) |
2,654.62 |
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| PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA |
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|
|
|
| Ratios |
Limit |
Bank |
| Tier 1 ratio |
≥ 9% |
31.1% |
| Capital adequacy ratio |
≥ 12% |
31.1% |
| Liquidity |
≥ 20% |
25.5% |
| Foreign currency open position ratio (by each currency) |
< ±15% |
1.9% |
| Foreign currency open position ratio (total) |
< ±30% |
2.1% |