Quarter-1,2022
(in millions of MNT)
| BALANCE SHEET ITEMS | 31/03/2022 | |
| 1 | ASSET | |
| 1.1 | Cash and cash equivalents |
197,690 |
| 1.2 | Due from banks and financial institutions |
40,602 |
| 1.3 | Financial investments |
45,898 |
| 1.4 | Loans and advances to customers (net) |
497,313 |
| 1.4.1 | Performing loans |
494,753 |
| 1.4.2 | Non-performing loans |
8,644 |
| 1.4.3 | Deferred loan payment |
(127) |
| 1.4.4 | Accrued interest receivable |
11,274 |
| 1.4.5 | Loan Loss Provision |
(17,232) |
| 1.5 | Derivative financial assets |
766 |
| 1.6 | Other financial assets |
49 |
| 1.7 | Other non-financial assets |
18,679 |
| 1.8 | Fixed assets (net) |
10,709 |
| 1.9 | Intangible assets |
9,957 |
| 1.10 | Total assets |
821,664 |
| 2 | LIABILITIES | |
| 2.1 | Current account |
71,056 |
| 2.2 | Savings account |
299,479 |
| 2.3 | Due to banks and financial instituitions |
202,207 |
| 2.4 | Other deposits |
48,199 |
| 2.5 | Derivative financial liabilities |
1,136 |
| 2.6 | Other liabilities |
9,278 |
| 2.7 | Total liabilities |
631,356 |
| 3 | EQUITY | |
| 3.1 | Share capital |
146,474 |
| 3.2 | Share premium |
15,645 |
| 3.3 | Revaluation surplus |
1 |
| 3.4 | Retained earnings /loss/ |
28,050 |
| 3.5 | Other reserves |
138 |
| 3.6 | Total equity |
190,308 |
| 4 | TOTAL LIABILITIES AND EQUITY |
821,664 |
(in millions of MNT)
| INCOME STATEMENT | 31/03/2022 | |
| 1 | Interest income |
18,183 |
| 1.1 | From Bank of Mongolia |
8 |
| 1.2 | From Other banks & financial institutions |
442 |
| 1.3 | From securities |
1,574 |
| 1.4 | From loans |
15,693 |
| 1.5 | Other interest income |
465 |
| 2 | Interest expense |
9,007 |
| 2.1 | Interest expense on current account |
– |
| 2.2 | Interest expense on savings account |
7,396 |
| 2.3 | Interest expense on borrowed funds |
530 |
| 2.4 | Interest expense on securities |
557 |
| 2.5 | Other interest expense |
524 |
| 3 | NET INTEREST INCOME (1-2) |
9,175 |
| 4 | Provision expenses (provision reverse income) |
– |
| 4.1 | Deposits at other banks and financial institutions |
– |
| 4.2 | Securities |
– |
| 4.3 | Loans |
– |
| 5 | Net interest income after provision [(3)-(4)] |
9,175 |
| 6 | Other income |
6,588 |
| 6.1 | Non-interest income |
6,509 |
| 6.1.1 | Trading income |
2,295 |
| 6.1.2 | Exchange and revaluation adjustment expense |
1,421 |
| 6.1.3 | Fees and commission income |
302 |
| 6.1.4 | Other non-interest income |
2,492 |
| 6.2 | Other income |
79 |
| 7 | Other expense |
7,359 |
| 7.1 | Non-interest expense |
7,264 |
| 7.1.1 | Other provision expense |
1 |
| 7.1.2 | Trade expense |
819 |
| 7.1.3 | Exchange and revaluation adjustment expense |
1,684 |
| 7.1.4 | Fees and commission expense |
304 |
| 7.1.5 | Other operating expense |
4,456 |
| 7.2 | Other expense |
95 |
| 8 | Profit Before Tax (5+6-7) |
8,405 |
| 9 | Income tax expense |
800 |
| 10 | Profit After Taxes (8-9) |
7,605 |
| 11 | Other comprehensive income |
– |
| 12 | Total comprehensive income for the year (10+11) |
7,605 |
(in millions of MNT)
| OFF BALANCE SHEET | 31/03/2022 |
| Contingencies and commitments (net) |
13,679 |
| PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA | LIMIT | 31/03/2022 |
| Tier 1 ratio |
≥9.0% |
26.7% |
| Capital adequacy ratio |
≥12.0% |
26.7% |
| Liquidity |
≥25.0% |
26.9% |
| Foreign currency open position ratio (by each currency) |
<±15.0% |
-2.2% |
| Foreign currency open position ratio (total) |
<±30.0% |
-2.8% |
(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) |
4.4% |
||
| 1.1. | Shareholders of the Bank |
– |
– |
0.0% |
| 1.2. | Key management personnel |
– |
– |
0.0% |
| 1.3. | Other related parties |
Loan |
8,329 |
4.4% |
| 2 | Total Loans and other equivalent asset provided to related parties (less than 20% of capital) |
18.0% |
||
| 2.1. | Shareholders of the Bank |
Loan |
100 |
0.1% |
| 2.2. | Key management personnel |
Loan |
313 |
0.2% |
| 2.3. | Other related parties |
Loan |
33,741 |
17.7% |