Financial information

Financial information

Audited under IFRS (MNT million)
Balance Sheet Indicators 2018.12.31 2019.12.31 2020.12.31 2021.12.31 2022.12.31
Total Assets        6,081,113        6,643,136        7,277,990        7,994,057                  8,984,560
Customer funds        4,402,648        4,900,642        5,285,675        5,463,543                  5,743,298
Borrowed funds           715,853           916,032        1,202,265        1,509,446                  1,916,312
Net Loans        3,183,724        3,306,694        3,031,346        3,339,175                  3,697,633
Total  Capital           605,578           634,505           631,558           658,662                      861,906
Profitability Indicators
Interest Income           493,961           577,892           570,132           554,778                      609,909
Interest Expense         (323,255)         (366,007)         (365,780)         (272,819)                    (224,338)
Net Interest Income           170,706           211,885           204,353           281,959                      385,571
Net Non-Interest Income           135,621             81,026             82,543             48,579                      141,678
Operating Income           306,327           292,911           286,895           330,538                      527,248
Operating Expense         (110,093)         (122,006)         (121,015)         (137,140)                    (175,346)
Operating Profit           196,234           170,905           165,881           193,398                      351,903
Provision & Valuation expense           (94,034)         (146,010)         (143,392)         (140,827)                    (158,105)
Decrease in value of properties charged to profit/loss           (26,600)                    –                    –                    –                                  –
Pre-Tax Profit             75,600             24,895             22,489             52,571                      193,798
Taxation           (22,054)             (8,590)           (12,095)           (26,634)                      (77,296)
Post -Tax Profit             53,546             16,305             10,394             25,937                      116,502
Prudential Ratios
Capital Adequacy Ratio >12% 15.4% 14.9% 15.5% 15.4% 17.9%
Tier I ratio >9% (Buffer+4%) 12.5% 10.1% 15.1% 15.0% 17.9%
  Liquidity Ratio >25% (20%) 36.6% 32.7% 40.0% 41.1% 35.3%

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