Year-2021 Quarter- 1

Quarter-1,2021
				(in millions of MNT)
BALANCE SHEET ITEMS			31/12/2020	31/03/2021
1	ASSET
1.1	Cash and cash equivalents		108,542	93,480
1.2	Due from banks and financial institutions		–	10,587
1.3	Financial investments		23,197	26,116
1.4	Loans and advances to customers (net)		216,739	269,064
1.4.1	Performing loans		211,821	268,302
1.4.2	Past due loans		5,187	–
1.4.3	Non-performing loans		14,984	16,001
1.4.4	Deferred loan payment		(48)	(55)
1.4.5	Accrued interest receivable		1,269	2,212
1.4.6	Loan Loss Provision		(16,474)	(17,396)
1.5	Derivative financial assets		–	–
1.6	Other financial assets		150	10
1.7	Other non-financial assets		1,712	4,761
1.8	Fixed assets (net)		9,360	8,748
1.9	Intangible assets		458	470
1.10	Total assets		360,158	413,235
2	LIABILITIES
2.1	Current account		9,825	9,311
2.2	Savings account		78,073	122,510
2.3	Due to banks and financial instituitions		132,817	139,260
2.4	Other deposits		23,001	25,307
2.5	Derivative financial liabilities		–	–
2.6	Other liabilities		7,402	5,274
2.7	Total liabilities		251,118	301,661
3	EQUITY
3.1	Share capital		100,000	100,000
3.2	Revaluation surplus		1	1
3.3	Retained earnings /loss/		8,993	11,527
3.4	Other reserves		46	46
3.5	Total equity		109,040	111,574
4	TOTAL LIABILITIES AND EQUITY		360,158	413,235


				(in millions of MNT)
INCOME STATEMENT			31/12/2020	31/03/2021
1	Interest income		44,737	9,880
1.1	From Bank of Mongolia		326	67
1.2	From Other banks & financial institutions		3,181	515
1.3	From securities		3,312	390
1.4	From loans		37,918	8,908
1.5	Other interest income		–	–
2	Interest expense		25,090	4,353
2.1	Interest expense on current account		614	–
2.2	Interest expense on savings account		21,281	3,550
2.3	Interest expense on borrowed funds		576	461
2.4	Interest expense on securities		1,959	205
2.5	Other interest expense		660	137
3	NET INTEREST INCOME (1-2)		19,647	5,527
4	Provision expenses (provision reverse income)		7,957	922
4.1	Deposits at other banks and financial institutions		–	–
4.2	Securities		–	–
4.3	Loans		7,957	922
5	Net interest income after provision [(3)-(4)]		11,690	4,605
6	Other income		6,884	844
6.1	Non-interest income		6,355	835
6.1.1	Trading income		5,263	752
6.1.2	Exchange and revaluation adjustment expense		644	29
6.1.3	Fees and commission income		448	54
6.1.4	Other non-interest income		–	0
6.2	Other income		529	8
7	Other expense		12,435	2,599
7.1	Non-interest expense		12,166	2,555
7.1.1	Other provision expense		264	–
7.1.2	Trade expense		2,727	494
7.1.3	Exchange and revaluation adjustment expense		394	118
7.1.4	Fees and commission expense		437	91
7.1.5	Other operating expense		8,344	1,852
7.2	Other expense (5+6-7)		269	44
8	Profit Before Tax		6,139	2,850
9	Income tax expense		665	316
10	Profit After Taxes (8-9)		5,474	2,534
11	Other comprehensive income		(88)	–
12	Total comprehensive income for the year (10+11)		5,386	2,534

				(in millions of MNT)
OFF BALANCE SHEET			31/12/2020	31/03/2021
Contingencies and commitments (net)			1,925	1,588



PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA			Limit	31/03/2021
Tier 1 ratio			≥ 9%	32.9%
Capital adequacy ratio			≥ 12%	32.9%
Liquidity			≥ 20%	28.2%
Foreign currency open position ratio (by each currency)			< ±15%	2.8%
Foreign currency open position ratio (total)			< ±30%	4.8%

				(in millions of MNT)
Related parties		Categary of assets	Balance	% in total Equity
1	Loans and other equivalent asset provided to a related party (less than 5% of capital)			4.5%
1.1	Shareholders of the Bank	–	–	0.0%
1.2	Key management personnel	–	–	0.0%
1.3	Other related parties	Loan	5,064	4.5%
2	Total Loans and other equivalent asset provided to related parties (less than 20% of capital)			15.9%
2.1	Shareholders of the Bank	Loan	–	0.0%
2.2	Key management personnel	Loan	192	0.2%

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