Quarterly financial report /BoM/

QUARTERLY FINANCIAL REPORT

1st quarter

UNAUDITED FINANCIAL STATEMENTS

2025/03/31 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1.	Cash and cash equivalents	4,377,529
1.2.	Deposits with other banks and financial institutions	1,065,206
1.3	Financial investments	1,309,420
1.3.1.	Investments in subsidiary	-
1.4.	Loans and advances to customers (net)	7,460,023
1.4.1.	Performing loans	7,429,014
1.4.2.	Non-performing loans	240,793
1.4.3.	Deferred loan payments	(30,215)
1.4.4.	Accrued interest receivables	80,984
1.4.5.	Provision for loan impairment	(260,553)
1.5.	Derivative financial assets	306,937
1.6.	Other financial assets	17,631
1.7.	Other non-financial assets	181,153
1.8.	Premises and equipments	624,609
1.9.	Investment properties	6,586
1.10.	Assets for sale	44,573
1.11.	Intangible assets	22,730
	Total assets	15,416,398
2.	LIABILITIES
2.1.	Current accounts	3,306,148
2.2.	Savings	5,152,098
2.3.	Due to other banks and financial institutions	2,269,387
2.4.	Other funds	3,095,307
2.5.	Other liabilities	206,034
	Total liabilities	14,028,974
3.	EQUITY
3.1.	Share capital	202,164
3.2.	Share premium	301,481
3.3.	Treasury stock	-
3.4.	Revaluation surplus	6,186
3.5.	Retained earnings	871,346
3.6.	Other components of equity	6,246
	Total equity	1,387,424
	Total liabilities and equity	15,416,398
Off-balance items
Contingencies and commitments (net)		1,318,374

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%+4% conservation buffer	15.45%
Capital adequacy ratio	>12%	15.45%
Liquidity ratio	>25%	33.98%
Single foreign currency open position ratio	<±15%	5.76%
Total foreign currency open position ratio	<±30%	13.72%

INCOME STATEMENT

2025/03/31 (In millions of MNT)

Income statement Items
1.	Interest income	389,319
1.1.	Balances with the Bank of Mongolia	3,877
1.2.	Due from other banks and financial institutions	2,212
1.3.	Investments in securities	56,099
1.4.	Loans and advances to customers	282,742
1.5.	Other	44,389
2.	Interest expense	275,896
2.1.	Current accounts	12,317
2.2.	Savings	132,590
2.3.	Borrowed funds	20,367
2.4.	Securities	42,621
2.5.	Other	68,000
3.	Net interest income	113,423
4.	Provision expenses	-
5.	Net interest income after provision	113,423
6.	Other income	122,029
6.1.	Non-interest income	101,900
6.1.1.	Trading income	15,813
6.1.2.	Gains from foreign currency exchange translation and valuation	42,909
6.1.3.	Fees and commission income	30,360
6.1.4.	Other non-interest income	12,818
6.2.	Other income	20,129
7.	Other expense	82,399
7.1.	Non-interest expense	81,641
7.1.1.	Other provision expense	163
7.1.2.	Trading expense	-
7.1.3.	Losses from foreign currency exchange translation and valuation	-
7.1.4.	Fees and commission expense	20,544
7.1.5.	Other operating expense	60,934
7.2.	Other expense	758
8.	Profit before tax	153,053
9.	Income tax expense	35,591
10.	Profit after tax	117,462
11.	Other comprehensive income	11
12.	Total comprehensive income	117,473

Net profit after tax /bln mnt/

UNAUDITED FINANCIAL STATEMENTS

2024/12/31 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1.	Cash and cash equivalents	5,012,140
1.2.	Deposits with other banks and financial institutions	952,907
1.3	Financial investments	1,249,253
1.3.1.	Investments in subsidiary	-
1.4.	Loans and advances to customers (net)	7,219,078
1.4.1.	Performing loans	7,227,014
1.4.2.	Non-performing loans	225,782
1.4.3.	Deferred loan payments	(29,378)
1.4.4.	Accrued interest receivables	67,937
1.4.5.	Provision for loan impairment	(272,276)
1.5.	Derivative financial assets	235,288
1.6.	Other financial assets	12,536
1.7.	Other non-financial assets	56,578
1.8.	Premises and equipments	615,595
1.9.	Investment properties	6,586
1.10.	Assets for sale	26,178
1.11.	Intangible assets	24,023
	Total assets	15,410,163
2.	LIABILITIES
2.1.	Current accounts	3,663,806
2.2.	Savings	4,866,240
2.3.	Due to other banks and financial institutions	2,546,498
2.4.	Other funds	2,910,711
2.5.	Other liabilities	152,952
	Total liabilities	14,140,207
3.	EQUITY
3.1.	Share capital	202,164
3.2.	Share premium	301,481
3.3.	Treasury stock	-
3.4.	Revaluation surplus	6,186
3.5.	Retained earnings	753,884
3.6.	Other components of equity	6,239
	Total equity	1,269,956
	Total liabilities and equity	15,410,163
Off-balance items
Contingencies and commitments (net)		1,550,896

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%+4% conservation buffer	14.67%
Capital adequacy ratio	>12%	14.67%
Liquidity ratio	>25%	35.42%
Single foreign currency open position ratio	<±15%	-2.12%
Total foreign currency open position ratio	<±30%	-6.66%

INCOME STATEMENT

2024/12/31 (In millions of MNT)

Income statement Items
1.	Interest income	1,299,725
1.1.	Balances with the Bank of Mongolia	16,093
1.2.	Due from other banks and financial institutions	12,287
1.3.	Investments in securities	189,206
1.4.	Loans and advances to customers	929,360
1.5.	Other	152,778
2.	Interest expense	779,764
2.1.	Current accounts	69,300
2.2.	Savings	366,587
2.3.	Borrowed funds	79,336
2.4.	Securities	79,492
2.5.	Other	185,049
3.	Net interest income	519,961
4.	Provision expenses	20,136
5.	Net interest income after provision	499,825
6.	Other income	400,345
6.1.	Non-interest income	365,494
6.1.1.	Trading income	164,851
6.1.2.	Gains from foreign currency exchange translation and valuation	31,143
6.1.3.	Fees and commission income	125,978
6.1.4.	Other non-interest income	43,522
6.2.	Other income	34,851
7.	Other expense	369,190
7.1.	Non-interest expense	358,611
7.1.1.	Other provision expense	13,666
7.1.2.	Trading expense	-
7.1.3.	Losses from foreign currency exchange translation and valuation	-
7.1.4.	Fees and commission expense	77,407
7.1.5.	Other operating expense	267,537
7.2.	Other expense	10,579
8.	Profit before tax	530,980
9.	Income tax expense	124,268
10.	Profit after tax	406,712
11.	Other comprehensive income	587
12.	Total comprehensive income	407,298

UNAUDITED FINANCIAL STATEMENTS

2024/09/30 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1.	Cash and cash equivalents	2,644,890
1.2.	Deposits with other banks and financial institutions	842,609
1.3	Financial investments	1,046,702
1.3.1.	Investments in subsidiary	-
1.4.	Loans and advances to customers (net)	6,914,928
1.4.1.	Performing loans	6,880,723
1.4.2.	Non-performing loans	215,083
1.4.3.	Deferred loan payments	(28,827)
1.4.4.	Accrued interest receivables	73,272
1.4.5.	Provision for loan impairment	(225,323)
1.5.	Derivative financial assets	224,646
1.6.	Other financial assets	12,081
1.7.	Other non-financial assets	134,676
1.8.	Premises and equipments	604,688
1.9.	Investment properties	6,586
1.10.	Assets for sale	12,770
1.11.	Intangible assets	24,952
	Total assets	12,469,529
2.	LIABILITIES
2.1.	Current accounts	3,412,543
2.2.	Savings	4,071,760
2.3.	Due to other banks and financial institutions	2,358,337
2.4.	Other funds	1,193,557
2.5.	Other liabilities	221,893
	Total liabilities	11,258,089
3.	EQUITY
3.1.	Share capital	202,164
3.2.	Share premium	301,481
3.3.	Treasury stock	-
3.4.	Revaluation surplus	6,666
3.5.	Retained earnings	694,886
3.6.	Other components of equity	6,242
	Total equity	1,211,440
	Total liabilities and equity	12,469,529
Off-balance items
Contingencies and commitments (net)		1,407,017

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%+4% conservation buffer	14.58%
Capital adequacy ratio	>12%	14.58%
Liquidity ratio	>25%	30.85%
Single foreign currency open position ratio	<±15%	-4.50%
Total foreign currency open position ratio	<±30%	-20.27%

INCOME STATEMENT

2024/09/30 (In millions of MNT)

Income statement Items
1.	Interest income	934,715
1.1.	Balances with the Bank of Mongolia	13,789
1.2.	Due from other banks and financial institutions	9,377
1.3.	Investments in securities	144,404
1.4.	Loans and advances to customers	658,212
1.5.	Other	108,933
2.	Interest expense	543,440
2.1.	Current accounts	47,794
2.2.	Savings	262,868
2.3.	Borrowed funds	60,069
2.4.	Securities	45,028
2.5.	Other	127,681
3.	Net interest income	391,275
4.	Provision expenses	-
5.	Net interest income after provision	391,275
6.	Other income	322,498
6.1.	Non-interest income	308,219
6.1.1.	Trading income	143,771
6.1.2.	Gains from foreign currency exchange translation and valuation	35,819
6.1.3.	Fees and commission income	91,232
6.1.4.	Other non-interest income	37,398
6.2.	Other income	14,279
7.	Other expense	262,861
7.1.	Non-interest expense	258,434
7.1.1.	Other provision expense	12,884
7.1.2.	Trading expense	-
7.1.3.	Losses from foreign currency exchange translation and valuation	-
7.1.4.	Fees and commission expense	56,164
7.1.5.	Other operating expense	189,386
7.2.	Other expense	4,426
8.	Profit before tax	450,913
9.	Income tax expense	102,719
10.	Profit after tax	348,193
11.	Other comprehensive income	587
12.	Total comprehensive income	348,780

13.

Earnings per share

430.6

UNAUDITED FINANCIAL STATEMENTS

2024/06/30 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1.	Cash and cash equivalents	2,959,035
1.2.	Deposits with other banks and financial institutions	850,629
1.3	Financial investments	1,071,816
1.3.1.	Investments in subsidiary	-
1.4.	Loans and advances to customers (net)	6,419,161
1.4.1.	Performing loans	6,395,819
1.4.2.	Non-performing loans	214,545
1.4.3.	Deferred loan payments	(27,076)
1.4.4.	Accrued interest receivables	57,843
1.4.5.	Provision for loan impairment	(221,970)
1.5.	Derivative financial assets	245,923
1.6.	Other financial assets	24,259
1.7.	Other non-financial assets	60,218
1.8.	Premises and equipments	593,129
1.9.	Investment properties	6,586
1.10.	Assets for sale	14,488
1.11.	Intangible assets	26,416
	Total assets	12,271,661
2.	LIABILITIES
2.1.	Current accounts	3,401,778
2.2.	Savings	3,801,318
2.3.	Due to other banks and financial institutions	2,343,467
2.4.	Other funds	1,219,905
2.5.	Other liabilities	368,809
	Total liabilities	11,135,277
3.	EQUITY
3.1.	Share capital	202,164
3.2.	Share premium	301,481
3.3.	Treasury stock
3.4.	Revaluation surplus	6,666
3.5.	Retained earnings	620,185
3.6.	Other components of equity	5,888
	Total equity	1,136,384
	Total liabilities and equity	12,271,661
Off-balance items
Contingencies and commitments (net)		1,418,165

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%+4% conservation buffer	14.45%
Capital adequacy ratio	>12%	14.45%
Liquidity ratio	>25%	33.67%
Single foreign currency open position ratio	<±15%	-2.78%
Total foreign currency open position ratio	<±30%	-10.05%

INCOME STATEMENT

2024/06/30 (In millions of MNT)

Income statement Items
1.	Interest income	580,080
1.1.	Balances with the Bank of Mongolia	11,269
1.2.	Due from other banks and financial institutions	6,405
1.3.	Investments in securities	92,043
1.4.	Loans and advances to customers	406,723
1.5.	Other	63,641
2.	Interest expense	322,525
2.1.	Current accounts	32,146
2.2.	Savings	165,659
2.3.	Borrowed funds	39,796
2.4.	Securities	14,051
2.5.	Other	70,872
3.	Net interest income	257,556
4.	Provision expenses	-
5.	Net interest income after provision	257,556
6.	Other income	270,584
6.1.	Non-interest income	258,025
6.1.1.	Trading income	134,374
6.1.2.	Gains from foreign currency exchange translation and valuation	24,063
6.1.3.	Fees and commission income	57,705
6.1.4.	Other non-interest income	41,882
6.2.	Other income	12,559
7.	Other expense	170,510
7.1.	Non-interest expense	166,986
7.1.1.	Other provision expense	7,778
7.1.2.	Trading expense	-
7.1.3.	Losses from foreign currency exchange translation and valuation	-
7.1.4.	Fees and commission expense	33,889
7.1.5.	Other operating expense	125,319
7.2.	Other expense	3,524
8.	Profit before tax	357,629
9.	Income tax expense	84,491
10.	Profit after tax	273,138
11.	Other comprehensive income	587
12.	Total comprehensive income	273,724

13.

Earnings per share

337.8

UNAUDITED FINANCIAL STATEMENTS

2024/03/31 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1.	Cash and cash equivalents	2,233,246
1.2.	Deposits with other banks and financial institutions	900,749
1.3	Financial investments	1,265,900
1.3.1.	Investments in subsidiary	-
1.4.	Loans and advances to customers (net)	5,141,134
1.4.1.	Performing loans	5,140,543
1.4.2.	Non-performing loans	231,650
1.4.3.	Deferred loan payments	(22,118)
1.4.4.	Accrued interest receivables	49,708
1.4.5.	Provision for loan impairment	(258,649)
1.5.	Derivative financial assets	123,833
1.6.	Other financial assets	23,420
1.7.	Other non-financial assets	41,641
1.8.	Premises and equipments	565,474
1.9.	Investment properties	6,586
1.10.	Assets for sale	14,829
1.11.	Intangible assets	27,332
	Total assets	10,344,145
2.	LIABILITIES
2.1.	Current accounts	3,819,138
2.2.	Savings	3,648,085
2.3.	Due to other banks and financial institutions	1,382,037
2.4.	Other funds	256,411
2.5.	Other liabilities	216,246
	Total liabilities	9,321,918
3.	EQUITY
3.1.	Share capital	202,164
3.2.	Share premium	301,481
3.3.	Treasury stock
3.4.	Revaluation surplus	6,666
3.5.	Retained earnings	506,023
3.6.	Other components of equity	5,893
	Total equity	1,022,227
	Total liabilities and equity	10,344,145
Off-balance items
Contingencies and commitments (net)		1,398,585

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%+4% conservation buffer	15.32%
Capital adequacy ratio	>12%	15.32%
Liquidity ratio	>25%	36.82%
Single foreign currency open position ratio	<±15%	-6.07%
Total foreign currency open position ratio	<±30%	-14.37%

INCOME STATEMENT

2024/03/31 (In millions of MNT)

Income statement Items
1.	Interest income	279,776
1.1.	Balances with the Bank of Mongolia	7,059
1.2.	Due from other banks and financial institutions	4,013
1.3.	Investments in securities	50,763
1.4.	Loans and advances to customers	185,918
1.5.	Other	32,025
2.	Interest expense	152,958
2.1.	Current accounts	15,749
2.2.	Savings	81,760
2.3.	Borrowed funds	20,918
2.4.	Securities	-
2.5.	Other	34,531
3.	Net interest income	126,818
4.	Provision expenses
5.	Net interest income after provision	126,818
6.	Other income	140,386
6.1.	Non-interest income	133,138
6.1.1.	Trading income	106,970
6.1.2.	Gains from foreign currency exchange translation and valuation	-
6.1.3.	Fees and commission income	26,166
6.1.4.	Other non-interest income	3
6.2.	Other income	7,248
7.	Other expense	155,928
7.1.	Non-interest expense	155,305
7.1.1.	Other provision expense	7,592
7.1.2.	Trading expense	-
7.1.3.	Losses from foreign currency exchange translation and valuation	78,461
7.1.4.	Fees and commission expense	14,410
7.1.5.	Other operating expense	54,842
7.2.	Other expense	623
8.	Profit before tax	111,276
9.	Income tax expense	25,080
10.	Profit after tax	86,196
11.	Other comprehensive income	587
12.	Total comprehensive income	86,783

UNAUDITED FINANCIAL STATEMENTS

2023/12/31 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1.	Cash and cash equivalents	3,613,556
1.2.	Deposits with other banks and financial institutions	1,202,619
1.3	Financial investments	1,174,797
1.3.1.	Investments in subsidiary	-
1.4.	Loans and advances to customers (net)	4,576,019
1.4.1.	Performing loans	4,573,043
1.4.2.	Non-performing loans	241,548
1.4.3.	Deferred loan payments	(20,888)
1.4.4.	Accrued interest receivables	38,946
1.4.5.	Provision for loan impairment	(256,629)
1.5.	Derivative financial assets	200,529
1.6.	Other financial assets	24,313
1.7.	Other non-financial assets	69,362
1.8.	Premises and equipments	558,961
1.9.	Investment properties	6,586
1.10.	Assets for sale	21,545
1.11.	Intangible assets	20,321
	Total assets	11,468,609
2.	LIABILITIES
2.1.	Current accounts	3,979,432
2.2.	Savings	3,745,458
2.3.	Due to other banks and financial institutions	2,192,548
2.4.	Other funds	379,593
2.5.	Other liabilities	224,689
	Total liabilities	10,521,720
3.	EQUITY
3.1.	Share capital	202,164
3.2.	Share premium	301,481
3.3.	Treasury stock
3.4.	Revaluation surplus	6,666
3.5.	Retained earnings	436,232
3.6.	Other components of equity	345
	Total equity	946,889
	Total liabilities and equity	11,468,609
Off-balance items
Contingencies and commitments (net)		1,355,125

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%+4% conservation buffer	15.86%
Capital adequacy ratio	>12%	15.86%
Liquidity ratio	>25%	38.34%
Single foreign currency open position ratio	<±15%	-0.98%
Total foreign currency open position ratio	<±30%	-7.98%

INCOME STATEMENT

2023/12/31 (In millions of MNT)

Income statement Items
1.	Interest income	962,036
1.1.	Balances with the Bank of Mongolia	22,962
1.2.	Due from other banks and financial institutions	25,016
1.3.	Investments in securities	175,446
1.4.	Loans and advances to customers	586,245
1.5.	Other	152,366
2.	Interest expense	507,326
2.1.	Current accounts	29,663
2.2.	Savings	252,476
2.3.	Borrowed funds	75,435
2.4.	Securities	-
2.5.	Other	149,753
3.	Net interest income	454,710
4.	Provision expenses	3,374
5.	Net interest income after provision	451,336
6.	Other income	297,571
6.1.	Non-interest income	284,529
6.1.1.	Trading income	181,267
6.1.2.	Gains from foreign currency exchange translation and valuation	-
6.1.3.	Fees and commission income	103,261
6.1.4.	Other non-interest income	-
6.2.	Other income	13,043
7.	Other expense	517,886
7.1.	Non-interest expense	513,185
7.1.1.	Other provision expense	18,992
7.1.2.	Trading expense	-
7.1.3.	Losses from foreign currency exchange translation and valuation	237,627
7.1.4.	Fees and commission expense	58,304
7.1.5.	Other operating expense	198,261
7.2.	Other expense	4,702
8.	Profit before tax	231,020
9.	Income tax expense	50,214
10.	Profit after tax	180,807
11.	Other comprehensive income	37,817
12.	Total comprehensive income	218,624

UNAUDITED FINANCIAL STATEMENTS

2023/09/30 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1.	Cash and cash equivalents	2,701,144
1.2.	Deposits with other banks and financial institutions	1,153,449
1.3	Financial investments	838,439
1.3.1.	Investments in subsidiary	-
1.4.	Loans and advances to customers (net)	4,095,085
1.4.1.	Performing loans	4,082,177
1.4.2.	Non-performing loans	263,774
1.4.3.	Deferred loan payments	(19,281)
1.4.4.	Accrued interest receivables	35,781
1.4.5.	Provision for loan impairment	(267,366)
1.5.	Derivative financial assets	251,461
1.6.	Other financial assets	17,139
1.7.	Other non-financial assets	33,170
1.8.	Premises and equipments	509,862
1.9.	Investment properties	6,586
1.10.	Assets for sale	21,637
1.11.	Intangible assets	19,959
	Total assets	9,647,932
2.	LIABILITIES
2.1.	Current accounts	3,347,034
2.2.	Savings	3,402,206
2.3.	Due to other banks and financial institutions	1,597,806
2.4.	Other funds	253,445
2.5.	Other liabilities	150,912
	Total liabilities	8,751,403
3.	EQUITY
3.1.	Share capital	202,164
3.2.	Share premium	301,481
3.3.	Treasury stock
3.4.	Revaluation surplus	6,995
3.5.	Retained earnings	385,543
3.6.	Other components of equity	345
	Total equity	896,529
	Total liabilities and equity	9,647,932
Off-balance items
Contingencies and commitments (net)		1,308,128

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%+4% conservation buffer	16.40%
Capital adequacy ratio	>12%	16.40%
Liquidity ratio	>25%	39.02%
Single foreign currency open position ratio	<±15%	-0.95%
Total foreign currency open position ratio	<±30%	-3.13%

INCOME STATEMENT

2023/09/30 (In millions of MNT)

Income statement Items
1.	Interest income	704,751
1.1.	Balances with the Bank of Mongolia	18,848
1.2.	Due from other banks and financial institutions	18,068
1.3.	Investments in securities	131,180
1.4.	Loans and advances to customers	418,012
1.5.	Other	118,643
2.	Interest expense	369,977
2.1.	Current accounts	17,376
2.2.	Savings	177,502
2.3.	Borrowed funds	57,163
2.4.	Securities	-
2.5.	Other	117,936
3.	Net interest income	334,774
4.	Provision expenses	9,395
5.	Net interest income after provision	325,379
6.	Other income	254,989
6.1.	Non-interest income	245,580
6.1.1.	Trading income	169,755
6.1.2.	Gains from foreign currency exchange translation and valuation	-
6.1.3.	Fees and commission income	75,825
6.1.4.	Other non-interest income	-
6.2.	Other income	9,409
7.	Other expense	415,832
7.1.	Non-interest expense	413,481
7.1.1.	Other provision expense	16,201
7.1.2.	Trading expense	-
7.1.3.	Losses from foreign currency exchange translation and valuation	214,945
7.1.4.	Fees and commission expense	42,028
7.1.5.	Other operating expense	140,307
7.2.	Other expense	2,351
8.	Profit before tax	164,535
9.	Income tax expense	34,089
10.	Profit after tax	130,446
11.	Other comprehensive income	37,817
12.	Total comprehensive income	168,263

Net Profit - Quarterly net /MNT bln/

UNAUDITED FINANCIAL STATEMENTS

2023/06/30 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1.	Cash and cash equivalents	1,940,939
1.2.	Deposits with other banks and financial institutions	1,429,907
1.3	Financial investments	853,523
1.3.1.	Investments in subsidiary	-
1.4.	Loans and advances to customers (net)	4,034,919
1.4.1.	Performing loans	3,970,632
1.4.2.	Non-performing loans	314,311
1.4.3.	Deferred loan payments	(19,133)
1.4.4.	Accrued interest receivables	32,649
1.4.5.	Provision for loan impairment	(263,540)
1.5.	Derivative financial assets	360,229
1.6.	Other financial assets	14,884
1.7.	Other non-financial assets	42,249
1.8.	Premises and equipments	469,616
1.9.	Investment properties	6,586
1.10.	Assets for sale	13,475
1.11.	Intangible assets	21,169
	Total assets	9,187,497
2.	LIABILITIES
2.1.	Current accounts	2,928,038
2.2.	Savings	3,116,731
2.3.	Due to other banks and financial institutions	1,894,632
2.4.	Other funds	277,255
2.5.	Other liabilities	124,505
	Total liabilities	8,341,162
3.	EQUITY
3.1.	Share capital	202,164
3.2.	Share premium	301,481
3.3.	Treasury stock
3.4.	Revaluation surplus	6,995
3.5.	Retained earnings	333,333
3.6.	Other components of equity	2,362
	Total equity	846,335
	Total liabilities and equity	9,187,497
Off-balance items
Contingencies and commitments (net)		1,183,877

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%+4% conservation buffer	16.30%
Capital adequacy ratio	>12%	16.30%
Liquidity ratio	>25%	33.33%
Single foreign currency open position ratio	<±15%	-8.12%
Total foreign currency open position ratio	<±30%	-18.75%

INCOME STATEMENT

2023/06/30 (In millions of MNT)

Income statement Items
1.	Interest income	448,841
1.1.	Balances with the Bank of Mongolia	12,818
1.2.	Due from other banks and financial institutions	12,037
1.3.	Investments in securities	85,579
1.4.	Loans and advances to customers	261,710
1.5.	Other	76,697
2.	Interest expense	235,370
2.1.	Current accounts	8,735
2.2.	Savings	110,844
2.3.	Borrowed funds	38,090
2.4.	Securities	-
2.5.	Other	77,702
3.	Net interest income	213,471
4.	Provision expenses	5,609
5.	Net interest income after provision	207,862
6.	Other income	109,627
6.1.	Non-interest income	101,855
6.1.1.	Trading income	53,034
6.1.2.	Gains from foreign currency exchange translation and valuation	-
6.1.3.	Fees and commission income	48,821
6.1.4.	Other non-interest income	-
6.2.	Other income	7,771
7.	Other expense	221,385
7.1.	Non-interest expense	219,878
7.1.1.	Other provision expense	14,507
7.1.2.	Trading expense	-
7.1.3.	Losses from foreign currency exchange translation and valuation	86,442
7.1.4.	Fees and commission expense	26,371
7.1.5.	Other operating expense	92,557
7.2.	Other expense	1,508
8.	Profit before tax	96,104
9.	Income tax expense	17,868
10.	Profit after tax	78,236
11.	Other comprehensive income	39,828
12.	Total comprehensive income	118,064

Net Profit - Quarterly net /MNT bln/

UNAUDITED FINANCIAL STATEMENTS

2023/03/31 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1.	Cash and cash equivalents	2,187,943
1.2.	Deposits with other banks and financial institutions	1,470,565
1.3	Financial investments	831,239
1.3.1.	Investments in subsidiary	-
1.4.	Loans and advances to customers (net)	3,650,801
1.4.1.	Performing loans	3,578,677
1.4.2.	Non-performing loans	331,940
1.4.3.	Deferred loan payments	(16,392)
1.4.4.	Accrued interest receivables	33,015
1.4.5.	Provision for loan impairment	(276,440)
1.5.	Derivative financial assets	440,821
1.6.	Other financial assets	14,540
1.7.	Other non-financial assets	57,777
1.8.	Premises and equipments	385,444
1.9.	Investment properties	6,586
1.10.	Assets for sale	13,040
1.11.	Intangible assets	21,234
	Total assets	9,079,991
2.	LIABILITIES
2.1.	Current accounts	2,727,437
2.2.	Savings	3,060,277
2.3.	Due to other banks and financial institutions	2,003,556
2.4.	Other funds	312,107
2.5.	Other liabilities	99,215
	Total liabilities	8,202,592
3.	EQUITY
3.1.	Share capital	202,164
3.2.	Share premium	301,481
3.3.	Treasury stock
3.4.	Revaluation surplus	6,995
3.5.	Retained earnings	341,636
3.6.	Other components of equity	25,123
	Total equity	877,399
	Total liabilities and equity	9,079,991
Off-balance items
Contingencies and commitments (net)		1,108,895

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%+4% conservation buffer	17.49%
Capital adequacy ratio	>12%	17.49%
Liquidity ratio	>25%	36.66%
Single foreign currency open position ratio	<±15%	6.55%
Total foreign currency open position ratio	<±30%	18.05%

INCOME STATEMENT

2023/03/31 (In millions of MNT)

Income statement Items
1.	Interest income	214,378
1.1.	Balances with the Bank of Mongolia	6,238
1.2.	Due from other banks and financial institutions	5,247
1.3.	Investments in securities	39,872
1.4.	Loans and advances to customers	126,180
1.5.	Other	36,841
2.	Interest expense	110,226
2.1.	Current accounts	2,174
2.2.	Savings	52,071
2.3.	Borrowed funds	18,841
2.4.	Securities	-
2.5.	Other	37,140
3.	Net interest income	104,152
4.	Provision expenses	21,069
5.	Net interest income after provision	83,082
6.	Other income	52,639
6.1.	Non-interest income	50,094
6.1.1.	Trading income	27,084
6.1.2.	Gains from foreign currency exchange translation and valuation	-
6.1.3.	Fees and commission income	22,847
6.1.4.	Other non-interest income	163
6.2.	Other income	2,545
7.	Other expense	93,326
7.1.	Non-interest expense	92,346
7.1.1.	Other provision expense	20,373
7.1.2.	Trading expense	-
7.1.3.	Losses from foreign currency exchange translation and valuation	16,134
7.1.4.	Fees and commission expense	12,714
7.1.5.	Other operating expense	43,125
7.2.	Other expense	980
8.	Profit before tax	42,395
9.	Income tax expense	8,733
10.	Profit after tax	33,662
11.	Other comprehensive income	-
12.	Total comprehensive income	33,662

UNAUDITED FINANCIAL STATEMENTS

2022/12/31 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1.	Cash and cash equivalents	2,238,431
1.2.	Deposits with other banks and financial institutions	1,438,754
1.3	Financial investments	699,100
1.3.1.	Investments in subsidiary	-
1.4.	Loans and advances to customers (net)	3,607,754
1.4.1.	Performing loans	3,583,982
1.4.2.	Non-performing loans	264,903
1.4.3.	Deferred loan payments	(16,848)
1.4.4.	Accrued interest receivables	30,970
1.4.5.	Provision for loan impairment	(255,253)
1.5.	Derivative financial assets	426,319
1.6.	Other financial assets	13,816
1.7.	Other non-financial assets	79,949
1.8.	Premises and equipments	385,210
1.9.	Investment properties	6,586
1.10.	Assets for sale	6,825
1.11.	Intangible assets	22,496
	Total assets	8,925,239
2.	LIABILITIES
2.1.	Current accounts	2,702,834
2.2.	Savings	2,917,008
2.3.	Due to other banks and financial institutions	1,999,230
2.4.	Other funds	306,165
2.5.	Other liabilities	156,264
	Total liabilities	8,081,502
3.	EQUITY
3.1.	Share capital	202,164
3.2.	Share premium	301,481
3.3.	Treasury stock
3.4.	Revaluation surplus	6,995
3.5.	Retained earnings	307,974
3.6.	Other components of equity	25,123
	Total equity	843,737
	Total liabilities and equity	8,925,239
Off-balance items
Contingencies and commitments (net)		1,171,897

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%+4% conservation buffer	17.65%
Capital adequacy ratio	>12%	17.65%
Liquidity ratio	>25%	36.29%
Single foreign currency open position ratio	<±15%	8.00%
Total foreign currency open position ratio	<±30%	10.75%

INCOME STATEMENT

2022/12/31 (In millions of MNT)

Income statement Items
1.	Interest income	669,457
1.1.	Balances with the Bank of Mongolia	20,131
1.2.	Due from other banks and financial institutions	22,923
1.3.	Investments in securities	98,909
1.4.	Loans and advances to customers	437,195
1.5.	Other	90,299
2.	Interest expense	307,854
2.1.	Current accounts	-
2.2.	Savings	163,359
2.3.	Borrowed funds	53,562
2.4.	Securities	-
2.5.	Other	90,934
3.	Net interest income	361,603
4.	Provision expenses	102,698
5.	Net interest income after provision	258,905
6.	Other income	205,982
6.1.	Non-interest income	190,776
6.1.1.	Trading income	69,169
6.1.2.	Gains from foreign currency exchange translation and valuation	31,246
6.1.3.	Fees and commission income	85,083
6.1.4.	Other non-interest income	5,279
6.2.	Other income	15,205
7.	Other expense	310,883
7.1.	Non-interest expense	300,271
7.1.1.	Other provision expense	89,853
7.1.2.	Trading expense	-
7.1.3.	Losses from foreign currency exchange translation and valuation	-
7.1.4.	Fees and commission expense	44,502
7.1.5.	Other operating expense	165,916
7.2.	Other expense	10,612
8.	Profit before tax	154,004
9.	Income tax expense	53,530
10.	Profit after tax	100,474
11.	Other comprehensive income	348
12.	Total comprehensive income	100,821

UNAUDITED FINANCIAL STATEMENTS

2022/09/30 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1.	Cash and cash equivalents	1,996,575
1.2.	Deposits with other banks and financial institutions	1,364,962
1.3	Financial investments	538,730
1.3.1.	Investments in subsidiary	-
1.4.	Loans and advances to customers (net)	3,674,118
1.4.1.	Performing loans	3,572,766
1.4.2.	Non-performing loans	295,235
1.4.3.	Deferred loan payments	(15,337)
1.4.4.	Accrued interest receivables	29,920
1.4.5.	Provision for loan impairment	(208,466)
1.5.	Derivative financial assets	347,610
1.6.	Other financial assets	37,730
1.7.	Other non-financial assets	88,453
1.8.	Premises and equipments	383,451
1.9.	Investment properties	7,225
1.10.	Assets for sale	7,096
1.11.	Intangible assets	20,566
	Total assets	8,466,516
2.	LIABILITIES
2.1.	Current accounts	2,442,840
2.2.	Savings	3,083,999
2.3.	Due to other banks and financial institutions	1,824,542
2.4.	Other funds	304,092
2.5.	Other liabilities	106,028
	Total liabilities	7,761,501
3.	EQUITY
3.1.	Share capital	179,049
3.2.	Share premium	205,782
3.3.	Treasury stock
3.4.	Revaluation surplus	7,245
3.5.	Retained earnings	261,404
3.6.	Other components of equity	51,536
	Total equity	705,015
	Total liabilities and equity	8,466,516
Off-balance items
Contingencies and commitments (net)		1,066,218

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%+4% conservation buffer	14.18%
Capital adequacy ratio	>12%	14.18%
Liquidity ratio	>25%	34.67%
Single foreign currency open position ratio	<±15%	-1.35%
Total foreign currency open position ratio	<±30%	-3.74%

INCOME STATEMENT

2022/09/30 (In millions of MNT)

Income statement Items
1.	Interest income	480,937
1.1.	Balances with the Bank of Mongolia	13,210
1.2.	Due from other banks and financial institutions	16,627
1.3.	Investments in securities	75,579
1.4.	Loans and advances to customers	317,224
1.5.	Other	58,298
2.	Interest expense	218,521
2.1.	Current accounts	-
2.2.	Savings	119,613
2.3.	Borrowed funds	38,086
2.4.	Securities	-
2.5.	Other	60,822
3.	Net interest income	262,416
4.	Provision expenses	52,632
5.	Net interest income after provision	209,784
6.	Other income	132,209
6.1.	Non-interest income	120,742
6.1.1.	Trading income	53,558
6.1.2.	Gains from foreign currency exchange translation and valuation
6.1.3.	Fees and commission income	62,504
6.1.4.	Other non-interest income	4,680
6.2.	Other income	11,467
7.	Other expense	235,790
7.1.	Non-interest expense	226,844
7.1.1.	Other provision expense	53,062
7.1.2.	Trading expense	-
7.1.3.	Losses from foreign currency exchange translation and valuation	26,809
7.1.4.	Fees and commission expense	31,377
7.1.5.	Other operating expense	115,596
7.2.	Other expense	8,946
8.	Profit before tax	106,204
9.	Income tax expense	27,740
10.	Profit after tax	78,464
11.	Other comprehensive income	348
12.	Total comprehensive income	78,811

UNAUDITED FINANCIAL STATEMENTS

2022/06/30 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1.	Cash and cash equivalents	2,324,799
1.2.	Deposits with other banks and financial institutions	1,311,841
1.3	Financial investments	493,750
1.3.1.	Investments in subsidiary	-
1.4.	Loans and advances to customers (net)	3,537,989
1.4.1.	Performing loans	3,425,202
1.4.2.	Non-performing loans	266,330
1.4.3.	Deferred loan payments	(15,106)
1.4.4.	Accrued interest receivables	41,475
1.4.5.	Provision for loan impairment	(179,912)
1.5.	Derivative financial assets	295,002
1.6.	Other financial assets	51,247
1.7.	Other non-financial assets	101,016
1.8.	Premises and equipments	386,535
1.9.	Investment properties	1,158
1.10.	Assets for sale	54,945
1.11.	Intangible assets	16,468
	Total assets	8,574,750
2.	LIABILITIES
2.1.	Current accounts	2,037,943
2.2.	Savings	3,579,697
2.3.	Due to other banks and financial institutions	1,742,943
2.4.	Other funds	353,269
2.5.	Other liabilities	145,925
	Total liabilities	7,859,778
3.	EQUITY
3.1.	Share capital	204,827
3.2.	Share premium	205,782
3.3.	Treasury stock	(9,391)
3.4.	Revaluation surplus	7,245
3.5.	Retained earnings	240,257
3.6.	Other components of equity	66,252
	Total equity	714,972
	Total liabilities and equity	8,574,750
Off-balance items
Contingencies and commitments (net)		1,329,056

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%	14.03%
Capital adequacy ratio	>12%	14.40%
Liquidity ratio	>25%	38.32%
Single foreign currency open position ratio	<±15%	5.37%
Total foreign currency open position ratio	<±30%	7.61%

INCOME STATEMENT

2022/06/30 (In millions of MNT)

Income statement Items
1.	Interest income	308,965
1.1.	Balances with the Bank of Mongolia	7,585
1.2.	Due from other banks and financial institutions	10,880
1.3.	Investments in securities	52,483
1.4.	Loans and advances to customers	203,170
1.5.	Other	34,846
2.	Interest expense	142,622
2.1.	Customer accounts	-
2.2.	Savings	81,786
2.3.	Borrowed funds	24,043
2.4.	Securities	-
2.5.	Other	36,793
3.	Net interest income	166,343
4.	Provision expenses	24,462
5.	Net interest income after provision	141,881
6.	Other income	80,764
6.1.	Non-interest income	77,112
6.1.1.	Gains from trading in foreign currencies	33,172
6.1.2.	Gains from foreign currency exchange translation
6.1.3.	Fees and commission income	40,514
6.1.4.	Other non-interest income	3,425
6.2.	Other income	3,653
7.	Other expense	139,524
7.1.	Non-interest expense	131,148
7.1.1.	Other provision expense	26,844
7.1.2.	Losses from trading in foreign currencies	-
7.1.3.	Losses from foreign currency exchange translation	7,129
7.1.4.	Fees and commission expense	20,392
7.1.5.	Other operating expense	76,783
7.2.	Other expense	8,376
8.	Profit before tax	83,121
9.	Income tax expense	25,822
10.	Profit after tax	57,300
11.	Other comprehensive income	348
12.	Total comprehensive income	57,647

UNAUDITED FINANCIAL STATEMENTS

2022/03/31 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1.	Cash and cash equivalents	2,119,438
1.2.	Deposits with other banks and financial institutions	1,232,180
1.3	Financial investments	476,365
1.3.1.	Investments in subsidiary	-
1.4.	Loans and advances to customers (net)	3,301,996
1.4.1.	Performing loans	3,169,012
1.4.2.	Non-performing loans	305,717
1.4.3.	Deferred loan payments	(13,385)
1.4.4.	Accrued interest receivables	34,627
1.4.5.	Provision for loan impairment	(193,975)
1.5.	Derivative financial assets	232,801
1.6.	Other financial assets	94,225
1.7.	Other non-financial assets	47,430
1.8.	Premises and equipments	251,493
1.9.	Investment properties	1,158
1.10.	Assets for sale	58,439
1.11.	Intangible assets	17,438
	Total assets	7,832,962
2.	LIABILITIES
2.1.	Current accounts	1,996,937
2.2.	Savings	3,169,294
2.3.	Due to other banks and financial institutions	1,653,695
2.4.	Other funds	324,686
2.5.	Other liabilities	56,695
	Total liabilities	7,201,306
3.	EQUITY
3.1.	Share capital	194,739
3.2.	Share premium	165,365
3.3.	Treasury stock	(9,713)
3.4.	Revaluation surplus	7,245
3.5.	Retained earnings	186,438
3.6.	Other components of equity	87,582
	Total equity	631,656
	Total liabilities and equity	7,832,962
Off-balance items
Contingencies and commitments (net)		1,088,419

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%	12.54%
Capital adequacy ratio	>12%	12.83%
Liquidity ratio	>25%	36.86%
Single foreign currency open position ratio	<±15%	1.74%
Total foreign currency open position ratio	<±30%	4.14%

INCOME STATEMENT

2022/03/31 (In millions of MNT)

Income statement Items
1.	Interest income	139,101
1.1.	Balances with the Bank of Mongolia	2,243
1.2.	Due from other banks and financial institutions	4,856
1.3.	Investments in securities	27,867
1.4.	Loans and advances to customers	89,103
1.5.	Other	15,031
2.	Interest expense	69,859
2.1.	Customer accounts	-
2.2.	Savings	43,324
2.3.	Borrowed funds	11,195
2.4.	Securities	-
2.5.	Other	15,340
3.	Net interest income	69,242
4.	Provision expenses	18,071
5.	Net interest income after provision	51,171
6.	Other income	50,056
6.1.	Non-interest income	48,037
6.1.1.	Gains from trading in foreign currencies	15,102
6.1.2.	Gains from foreign currency exchange translation	14,567
6.1.3.	Fees and commission income	18,368
6.1.4.	Other non-interest income	1
6.2.	Other income	2,018
7.	Other expense	64,324
7.1.	Non-interest expense	60,525
7.1.1.	Other provision expense	18,749
7.1.2.	Losses from trading in foreign currencies	-
7.1.3.	Losses from foreign currency exchange translation
7.1.4.	Fees and commission expense	8,279
7.1.5.	Other operating expense	33,496
7.2.	Other expense	3,799
8.	Profit before tax	36,903
9.	Income tax expense	14,102
10.	Profit after tax	22,801
11.	Other comprehensive income	(177)
12.	Total comprehensive income	22,624

UNAUDITED FINANCIAL STATEMENTS

2021/12/31 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1.	Cash and cash equivalents	2,378,377
1.2.	Deposits with other banks and financial institutions	1,157,002
1.3	Financial investments	494,593
1.3.1.	Investments in subsidiary	-
1.4.	Loans and advances to customers (net)	3,261,525
1.4.1.	Performing loans	3,161,031
1.4.2.	Non-performing loans	259,863
1.4.3.	Deferred loan payments	(13,227)
1.4.4.	Accrued interest receivables	42,247
1.4.5.	Provision for loan impairment	(188,389)
1.5.	Derivative financial assets	186,705
1.6.	Other financial assets	94,513
1.7.	Other non-financial assets	85,718
1.8.	Premises and equipments	151,044
1.9.	Investment properties	1,158
1.10.	Assets for sale	71,054
1.11.	Intangible assets	18,855
	Total assets	7,900,543
2.	LIABILITIES
2.1.	Current accounts	1,764,233
2.2.	Savings	3,570,795
2.3.	Due to other banks and financial institutions	1,509,422
2.4.	Other funds	370,194
2.5.	Other liabilities	89,866
	Total liabilities	7,304,510
3.	EQUITY
3.1.	Share capital	194,739
3.2.	Share premium	165,365
3.3.	Treasury stock	(9,713)
3.4.	Revaluation surplus	7,245
3.5.	Retained earnings	191,516
3.6.	Other components of equity	46,881
	Total equity	596,033
	Total liabilities and equity	7,900,543
Off-balance items
Contingencies and commitments (net)		1,080,040

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%	12.98%
Capital adequacy ratio	>12%	13.28%
Liquidity ratio	>25%	41.30%
Single foreign currency open position ratio	<±15%	11.98%
Total foreign currency open position ratio	<±30%	15.11%

INCOME STATEMENT

2021/12/31 (In millions of MNT)

Income statement Items
1.	Interest income	576,070
1.1.	Balances with the Bank of Mongolia	8,343
1.2.	Due from other banks and financial institutions	21,179
1.3.	Investments in securities	99,447
1.4.	Loans and advances to customers	387,663
1.5.	Other	59,437
2.	Interest expense	330,505
2.1.	Customer accounts	-
2.2.	Savings	223,073
2.3.	Borrowed funds	40,071
2.4.	Securities	-
2.5.	Other	67,362
3.	Net interest income	245,564
4.	Provision expenses	36,725
5.	Net interest income after provision	208,840
6.	Other income	98,307
6.1.	Non-interest income	88,312
6.1.1.	Gains from trading in foreign currencies	25,134
6.1.2.	Gains from foreign currency exchange translation
6.1.3.	Fees and commission income	62,969
6.1.4.	Other non-interest income	209
6.2.	Other income	9,995
7.	Other expense	273,916
7.1.	Non-interest expense	261,596
7.1.1.	Other provision expense	84,573
7.1.2.	Losses from trading in foreign currencies	-
7.1.3.	Losses from foreign currency exchange translation	17,868
7.1.4.	Fees and commission expense	24,635
7.1.5.	Other operating expense	134,520
7.2.	Other expense	12,321
8.	Profit before tax	33,230
9.	Income tax expense	11,134
10.	Profit after tax	22,096
11.	Other comprehensive income	865
12.	Total comprehensive income	22,961

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK

2021/12/31 (In millions of MNT)

Related parties		Category of assets	Balance	Share to capital
1.	Loans and other equivalent asset provided to a related party (less than 5% of capital)
1.1.	Shareholders of the Bank	-	-	-
1.2.	Key management personnel	-	-	-
1.3.	Other related parties	Receivable, Guarantee	6,259	1.14%
2.	Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1.	Shareholders of the Bank	Loan,Credit line	498	0.09%
2.2.	Key management personnel	Loan, Credit line, Guarantee	6,434	1.18%
2.3.	Other related parties	Loan,Guarantee, Receivable, Shares, Credit line	8,257	1.51%

UNAUDITED FINANCIAL STATEMENTS

2021/09/30 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1.	Cash and cash equivalents	1,893,695
1.2.	Deposits with other banks and financial institutions	1,129,212
1.3	Financial investments	457,905
1.3.1.	Investments in subsidiary	-
1.4.	Loans and advances to customers (net)	3,386,643
1.4.1.	Performing loans	3,296,529
1.4.2.	Non-performing loans	253,840
1.4.3.	Deferred loan payments	(12,987)
1.4.4.	Accrued interest receivables	42,308
1.4.5.	Provision for loan impairment	(193,048)
1.5.	Derivative financial assets	193,661
1.6.	Other financial assets	134,285
1.7.	Other non-financial assets	162,707
1.8.	Premises and equipments	151,685
1.9.	Investment properties	1,158
1.10.	Assets for sale	68,363
1.11.	Intangible assets	16,809
	Total assets	7,596,123
2.	LIABILITIES
2.1.	Current accounts	1,491,493
2.2.	Savings	3,590,889
2.3.	Due to other banks and financial institutions	1,526,386
2.4.	Other funds	313,844
2.5.	Other liabilities	81,829
	Total liabilities	7,004,442
3.	EQUITY
3.1.	Share capital	194,739
3.2.	Share premium	165,365
3.3.	Treasury stock	(9,713)
3.4.	Revaluation surplus	7,496
3.5.	Retained earnings	165,484
3.6.	Other components of equity	68,310
	Total equity	591,681
	Total liabilities and equity	7,596,123
Off-balance items
Contingencies and commitments (net)		897,583

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%	12.20%
Capital adequacy ratio	>12%	12.50%
Liquidity ratio	>25%	35.13%
Single foreign currency open position ratio	<±15%	8.88%
Total foreign currency open position ratio	<±30%	17.54%

INCOME STATEMENT

2021/09/30 (In millions of MNT)

Income statement Items
1.	Interest income	426,418
1.1.	Balances with the Bank of Mongolia	5,717
1.2.	Due from other banks and financial institutions	15,950
1.3.	Investments in securities	73,524
1.4.	Loans and advances to customers	287,015
1.5.	Other	44,213
2.	Interest expense	258,082
2.1.	Customer accounts	-
2.2.	Savings	175,567
2.3.	Borrowed funds	29,926
2.4.	Securities	-
2.5.	Other	52,588
3.	Net interest income	168,336
4.	Provision expenses	41,732
5.	Net interest income after provision	126,604
6.	Other income	70,603
6.1.	Non-interest income	62,446
6.1.1.	Gains from trading in foreign currencies	18,685
6.1.2.	Gains from foreign currency exchange translation
6.1.3.	Fees and commission income	43,732
6.1.4.	Other non-interest income	29
6.2.	Other income	8,157
7.	Other expense	174,161
7.1.	Non-interest expense	165,149
7.1.1.	Other provision expense	44,571
7.1.2.	Losses from trading in foreign currencies	-
7.1.3.	Losses from foreign currency exchange translation	9,681
7.1.4.	Fees and commission expense	16,796
7.1.5.	Other operating expense	94,101
7.2.	Other expense	9,012
8.	Profit before tax	23,047
9.	Income tax expense	5,332
10.	Profit after tax	17,715
11.	Other comprehensive income	894
12.	Total comprehensive income	18,609

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK

2021/09/30 (In millions of MNT)

Related parties		Category of assets	Balance	Share to capital
1.	Loans and other equivalent asset provided to a related party (less than 5% of capital)
1.1.	Shareholders of the Bank	-	-	-
1.2.	Key management personnel	-	-	-
1.3.	Other related parties	Receivable	22,110	4.24%
2.	Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1.	Shareholders of the Bank	Loan,Credit line, Receivable	22,749	4.37%
2.2.	Key management personnel	Loan, Credit line, Guarantee	7,504	1.44%
2.3.	Other related parties	Loan, Guarantee, Receivable, Shares, Credit line	12,743	2.45%

UNAUDITED FINANCIAL STATEMENTS

2021/06/30 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1.	Cash and cash equivalents	2,252,934
1.2.	Deposits with other banks and financial institutions	1,255,181
1.3	Financial investments	450,377
1.3.1.	Investments in subsidiary	-
1.4.	Loans and advances to customers (net)	3,129,555
1.4.1.	Performing loans	3,028,843
1.4.2.	Non-performing loans	268,627
1.4.3.	Deferred loan payments	(11,911)
1.4.4.	Accrued interest receivables	46,491
1.4.5.	Provision for loan impairment	(202,495)
1.5.	Derivative financial assets	206,353
1.6.	Other financial assets	139,785
1.7.	Other non-financial assets	133,863
1.8.	Premises and equipments	151,250
1.9.	Investment properties	23,165
1.10.	Assets for sale	59,149
1.11.	Intangible assets	16,722
	Total assets	7,818,335
2.	LIABILITIES
2.1.	Current accounts	1,826,009
2.2.	Savings	3,656,459
2.3.	Due to other banks and financial institutions	1,371,734
2.4.	Other funds	252,205
2.5.	Other liabilities	129,555
	Total liabilities	7,235,961
3.	EQUITY
3.1.	Share capital	68,019
3.2.	Share premium	291,844
3.3.	Treasury stock	(9,471)
3.4.	Revaluation surplus	7,496
3.5.	Retained earnings	172,440
3.6.	Other components of equity	52,047
	Total equity	582,374
	Total liabilities and equity	7,818,335
Off-balance items
Contingencies and commitments (net)		920,557

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%	12.35%
Capital adequacy ratio	>12%	12.65%
Liquidity ratio	>20%	40.35%
Single foreign currency open position ratio	<±15%	2.29%
Total foreign currency open position ratio	<±30%	4.27%

INCOME STATEMENT

2021/06/30 (In millions of MNT)

Income statement Items
1.	Interest income	277,276
1.1.	Balances with the Bank of Mongolia	4,124
1.2.	Due from other banks and financial institutions	10,256
1.3.	Investments in securities	47,378
1.4.	Loans and advances to customers	186,329
1.5.	Other	29,187
2.	Interest expense	179,042
2.1.	Customer accounts	-
2.2.	Savings	122,917
2.3.	Borrowed funds	19,385
2.4.	Securities	-
2.5.	Other	36,740
3.	Net interest income	98,233
4.	Provision expenses	36,241
5.	Net interest income after provision	61,992
6.	Other income	51,747
6.1.	Non-interest income	38,888
6.1.1.	Gains from trading in foreign currencies	11,314
6.1.2.	Gains from foreign currency exchange translation	679
6.1.3.	Fees and commission income	26,868
6.1.4.	Other non-interest income	27
6.2.	Other income	12,859
7.	Other expense	103,507
7.1.	Non-interest expense	95,507
7.1.1.	Other provision expense	24,476
7.1.2.	Losses from trading in foreign currencies	-
7.1.3.	Losses from foreign currency exchange translation	-
7.1.4.	Fees and commission expense	10,416
7.1.5.	Other operating expense	60,615
7.2.	Other expense	8,000
8.	Profit before tax	10,233
9.	Income tax expense	1,773
10.	Profit after tax	8,460
11.	Other comprehensive income	842
12.	Total comprehensive income	9,302

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK

2021/06/30 (In millions of MNT)

Related parties		Category of assets	Balance	Share to capital
1.	Loans and other equivalent asset provided to a related party (less than 5% of capital)
1.1.	Shareholders of the Bank	-	-	-
1.2.	Key management personnel	-	-	-
1.3.	Other related parties	Receivable	21,954	4.16%
2.	Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1.	Shareholders of the Bank	Loan,Credit line, Receivable	22,308	4.22%
2.2.	Key management personnel	Loan, Credit line, Guarantee	6,128	1.16%
2.3.	Other related parties	Loan, Credit line,Shares, Guarantee, Receivable	13,878	2.63%

UNAUDITED FINANCIAL STATEMENTS

2021/03/31 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1.	Cash and cash equivalents	1,954,909
1.2.	Deposits with other banks and financial institutions	1,231,736
1.3	Financial investments	327,248
1.3.1.	Investments in subsidiary	-
1.4.	Loans and advances to customers (net)	3,033,802
1.4.1.	Performing loans	2,897,878
1.4.2.	Non-performing loans	279,352
1.4.3.	Deferred loan payments	(8,059)
1.4.4.	Accrued interest receivables	80,996
1.4.5.	Provision for loan impairment	(216,365)
1.5.	Derivative financial assets	207,990
1.6.	Other financial assets	162,159
1.7.	Other non-financial assets	91,526
1.8.	Premises and equipments	149,175
1.9.	Investment properties	30,621
1.10.	Assets for sale	47,651
1.11.	Intangible assets	17,163
	Total assets	7,253,980
2.	LIABILITIES
2.1.	Current accounts	1,450,169
2.2.	Savings	3,663,597
2.3.	Due to other banks and financial institutions	1,277,940
2.4.	Other funds	182,334
2.5.	Other liabilities	92,740
	Total liabilities	6,666,779
3.	EQUITY
3.1.	Share capital	68,019
3.2.	Share premium	291,844
3.3.	Treasury stock	(9,471)
3.4.	Revaluation surplus	7,496
3.5.	Retained earnings	187,991
3.6.	Other components of equity	41,323
	Total equity	587,201
	Total liabilities and equity	7,253,980
Off-balance items
Contingencies and commitments (net)		813,276

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%	12.78%
Capital adequacy ratio	>12%	13.07%
Liquidity ratio	>20%	38.16%
Single foreign currency open position ratio	<±15%	7.78%
Total foreign currency open position ratio	<±30%	9.60%

INCOME STATEMENT

2021/03/31 (In millions of MNT)

Income statement Items
1.	Interest income	144,135
1.1.	Balances with the Bank of Mongolia	1,854
1.2.	Due from other banks and financial institutions	5,060
1.3.	Investments in securities	22,399
1.4.	Loans and advances to customers	100,054
1.5.	Other	14,769
2.	Interest expense	94,396
2.1.	Customer accounts	-
2.2.	Savings	64,827
2.3.	Borrowed funds	9,653
2.4.	Securities	-
2.5.	Other	19,915
3.	Net interest income	49,739
4.	Provision expenses	30,497
5.	Net interest income after provision	19,242
6.	Other income	21,124
6.1.	Non-interest income	20,688
6.1.1.	Gains from trading in foreign currencies	5,526
6.1.2.	Gains from foreign currency exchange translation	2,388
6.1.3.	Fees and commission income	12,772
6.1.4.	Other non-interest income	1
6.2.	Other income	437
7.	Other expense	37,723
7.1.	Non-interest expense	37,555
7.1.1.	Other provision expense	4,203
7.1.2.	Losses from trading in foreign currencies	-
7.1.3.	Losses from foreign currency exchange translation	-
7.1.4.	Fees and commission expense	4,912
7.1.5.	Other operating expense	28,440
7.2.	Other expense	168
8.	Profit before tax	2,643
9.	Income tax expense	47
10.	Profit after tax	2,596
11.	Other comprehensive income	853
12.	Total comprehensive income	3,449

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK

2021/03/31 (In millions of MNT)

Related parties		Category of assets	Balance	Share to capital
1.	Loans and other equivalent asset provided to a related party (less than 5% of capital)
1.1.	Shareholders of the Bank	-	-	-
1.2.	Key management personnel	-	-	-
1.3.	Other related parties	Receivable	22,667	4.17%
2.	Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1.	Shareholders of the Bank	Loan,Credit line, Receivable	23,164	4.26%
2.2.	Key management personnel	Loan, Credit line, Guarantee	3,222	0.59%
2.3.	Other related parties	Loan, Guarantee, Receivable	26,107	4.80%

AUDITED FINANCIAL STATEMENTS

2020/12/31 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1.	Cash and cash equivalents	1,947,425
1.2.	Deposits with other banks and financial institutions	1,228,007
1.3	Financial investments	296,326
1.3.1.	Investments in subsidiary	-
1.4.	Loans and advances to customers (net)	3,031,346
1.4.1.	Performing loans	2,828,394
1.4.2.	Non-performing loans	256,745
1.4.3.	Deferred loan payments	(9,132)
1.4.4.	Accrued interest receivables	115,462
1.4.5.	Provision for loan impairment	(160,125)
1.5.	Derivative financial assets	205,615
1.6.	Other financial assets	155,377
1.7.	Other non-financial assets	182,702
1.8.	Premises and equipments	146,499
1.9.	Investment properties	39,672
1.10.	Assets for sale	26,984
1.11.	Intangible assets	18,038
	Total assets	7,277,990
2.	LIABILITIES
2.1.	Current accounts	1,411,155
2.2.	Savings	3,648,052
2.3.	Due to other banks and financial institutions	1,287,016
2.4.	Other funds	177,974
2.5.	Other liabilities	122,235
	Total liabilities	6,646,432
3.	EQUITY
3.1.	Share capital	68,019
3.2.	Share premium	291,844
3.3.	Treasury stock	(9,471)
3.4.	Revaluation surplus	7,496
3.5.	Retained earnings	210,853
3.6.	Other components of equity	62,818
	Total equity	631,558
	Total liabilities and equity	7,277,990
Off-balance items
Contingencies and commitments (net)		804,472

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%	13.75%
Capital adequacy ratio	>12%	14.16%
Liquidity ratio	>20%	40.23%
Single foreign currency open position ratio	<±15%	13.22%
Total foreign currency open position ratio	<±30%	26.16%

AUDITED INCOME STATEMENT

2020/12/31 (In millions of MNT)

Income statement Items
1.	Interest income	570,132
1.1.	Balances with the Bank of Mongolia	13,921
1.2.	Due from other banks and financial institutions	22,219
1.3.	Investments in securities	49,912
1.4.	Loans and advances to customers	466,069
1.5.	Other	18,012
2.	Interest expense	365,780
2.1.	Customer accounts	13,525
2.2.	Savings	279,528
2.3.	Borrowed funds	60,154
2.4.	Securities	-
2.5.	Other	12,572
3.	Net interest income	204,353
4.	Provision expenses	93,836
5.	Net interest income after provision	110,516
6.	Other income	99,996
6.1.	Non-interest income	93,048
6.1.1.	Gains from trading in foreign currencies	27,414
6.1.2.	Gains from foreign currency exchange translation	15,962
6.1.3.	Fees and commission income	49,672
6.1.4.	Other non-interest income	-
6.2.	Other income	6,947
7.	Other expense	188,023
7.1.	Non-interest expense	174,730
7.1.1.	Other provision expense	39,238
7.1.2.	Losses from trading in foreign currencies	-
7.1.3.	Losses from foreign currency exchange translation	-
7.1.4.	Fees and commission expense	17,807
7.1.5.	Other operating expense	117,685
7.2.	Other expense	13,293
8.	Profit before tax	22,489
9.	Income tax expense	12,095
10.	Profit after tax	10,394
11.	Other comprehensive income	2,929
12.	Total comprehensive income	13,323

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK

2020/12/31 (In millions of MNT)

Related parties		Category of assets	Balance	Share to capital
1.	Loans and other equivalent asset provided to a related party (less than 5% of capital)
1.1.	Shareholders of the Bank	-	-	-
1.2.	Key management personnel	-	-	-
1.3.	Other related parties	Receivable	25,186	4.60%
2.	Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1.	Shareholders of the Bank	Loan,Credit line, Receivable	25,348	4.63%
2.2.	Key management personnel	Loan, Credit line, Guarantee	3,440	0.63%
2.3.	Other related parties	Loan, Guarantee, Receivable	60,429	11.04%

UNAUDITED FINANCIAL STATEMENTS

2020/09/30 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1.	Cash and cash equivalents	1,933,085
1.2.	Deposits with other banks and financial institutions	1,282,746
1.3	Financial investments	240,471
1.3.1.	Investments in subsidiary	-
1.4.	Loans and advances to customers (net)	3,005,214
1.4.1.	Performing loans	2,874,673
1.4.2.	Non-performing loans	238,358
1.4.3.	Deferred loan payments	(9,212)
1.4.4.	Accrued interest receivables	50,078
1.4.5.	Provision for loan impairment	(148,683)
1.5.	Derivative financial assets	237,068
1.6.	Other financial assets	184,295
1.7.	Other non-financial assets	92,378
1.8.	Premises and equipments	142,979
1.9.	Investment properties	37,927
1.10.	Assets for sale	47,414
1.11.	Intangible assets	17,803
	Total assets	7,221,381
2.	LIABILITIES
2.1.	Current accounts	1,369,442
2.2.	Savings	3,728,686
2.3.	Due to other banks and financial institutions	1,223,983
2.4.	Other funds	161,898
2.5.	Other liabilities	273,095
	Total liabilities	6,757,103
3.	EQUITY
3.1.	Share capital	57,793
3.2.	Share premium	134,190
3.3.	Treasury stock	(81)
3.4.	Revaluation surplus	7,747
3.5.	Retained earnings	240,678
3.6.	Other components of equity	23,950
	Total equity	464,278
	Total liabilities and equity	7,221,381
Off-balance items
Contingencies and commitments (net)		570,720

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%	10.04%
Capital adequacy ratio	>12%	15.01%
Liquidity ratio	>20%	38.04%
Single foreign currency open position ratio	<±15%	12.09%
Total foreign currency open position ratio	<±30%	13.42%

INCOME STATEMENT

2020/09/30 (In millions of MNT)

Income statement Items
1.	Interest income	404,638
1.1.	Balances with the Bank of Mongolia	10,830
1.2.	Due from other banks and financial institutions	16,494
1.3.	Investments in securities	30,687
1.4.	Loans and advances to customers	301,738
1.5.	Other	44,888
2.	Interest expense	323,796
2.1.	Customer accounts	13,526
2.2.	Savings	205,722
2.3.	Borrowed funds	44,772
2.4.	Securities	1,536
2.5.	Other	58,239
3.	Net interest income	80,843
4.	Provision expenses	75,329
5.	Net interest income after provision	5,514
6.	Other income	166,483
6.1.	Non-interest income	132,329
6.1.1.	Gains from trading in foreign currencies	20,310
6.1.2.	Gains from foreign currency exchange translation	72,848
6.1.3.	Fees and commission income	38,355
6.1.4.	Other non-interest income	816
6.2.	Other income	34,154
7.	Other expense	149,634
7.1.	Non-interest expense	147,394
7.1.1.	Other provision expense	48,973
7.1.2.	Losses from trading in foreign currencies	-
7.1.3.	Losses from foreign currency exchange translation	-
7.1.4.	Fees and commission expense	13,327
7.1.5.	Other operating expense	85,094
7.2.	Other expense	2,239
8.	Profit before tax	22,364
9.	Income tax expense	6,376
10.	Profit after tax	15,988

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK

2020/09/30 (In millions of MNT)

Related parties		Category of assets	Balance	Share to capital
1.	Loans and other equivalent asset provided to a related party (less than 5% of capital)
1.1.	Shareholders of the Bank	-	-	-
1.2.	Key management personnel	-	-	-
1.3.	Other related parties	Investment units	28,000	4.69%
2.	Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1.	Shareholders of the Bank	Loan,Credit line, Receivable	25,398	4.26%
2.2.	Key management personnel	Loan, Credit line, Guarantee	3,183	0.53%
2.3.	Other related parties	Loan, Guarantee, Receivable, Share	80,385	13.47%

UNAUDITED FINANCIAL STATEMENTS

2020/06/30 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1	Cash and cash equivalents	1,307,769
1.2	Deposits with other banks and financial institutions	1,307,738
1.3	Financial investments	232,541
1.3.1	Investments in subsidiary	-
1.4	Loans and advances to customers (net)	3,025,278
1.4.1	Performing loans	2,887,432
1.4.2	Non-performing loans	201,712
1.4.3	Deferred loan payments	(8,807)
1.4.4	Accrued interest receivables	61,266
1.4.5	Provision for loan impairment	(116,325)
1.5	Derivative financial assets	244,879
1.6	Other financial assets	188,300
1.7	Other non-financial assets	128,388
1.8	Premises and equipments	145,554
1.9	Investment properties	45,513
1.10	Assets for sale	26,625
1.11	Intangible assets	16,489
	Total assets	6,669,074
2.	LIABILITIES
2.1	Current accounts
2.2	Savings	3,089,235
2.3	Due to other banks and financial institutions	1,089,952
2.4	Other funds	192,373
2.5	Other liabilities	301,025
	Total liabilities	6,182,637
3.	EQUITY
3.1	Share capital	57,793
3.2	Share premium	135,172
3.3	Treasury stock	-
3.4	Revaluation surplus	7,747
3.5	Retained earnings	262,505
3.6	Other components of equity	23,220
	Total equity	486,437
	Total liabilities and equity	6,669,074

	Off-balance items
	Contingencies and commitments (net)	474,602

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%	10.79%
Capital adequacy ratio	>12%	15.85%
Liquidity ratio	>20%	30.77%
Single foreign currency open position ratio	<±15%	5.89%
Total foreign currency open position ratio	<±30%	10.85%

INCOME STATEMENT

2020/06/30 (In millions of MNT)

	Income statament items
1.	Interest income	258,393
1.1	Balances with the Bank of Mongolia	7,883
1.2	Due from other banks and financial institutions	10,670
1.3	Investments in securities	16,086
1.4	Loans and advances to customers	197,090
1.5	Other	26,664
2.	Interest expense	211,238
2.1	Customer accounts	13,533
2.2	Savings	135,903
2.3	Borrowed funds	25,590
2.4	Securities	1,536
2.5.	Other	34,676
3.	Net interest income	47,154
4.	Provision expenses	57,199
5.	Net interest income after provision	(10,045)
6.	Other income	159,871
6.1	Non-interest income	126,757
6.1.1	Gains from trading in foreign currencies	13,033
6.1.2	Gains from foreign currency exchange translation	87,040
6.1.3	Fees and commission income	25,466
6.1.4	Other non-interest income	1,217
6.2	Other income	33,114
7.	Other expense	118,764
7.1	Non-interest expense	117,425
7.1.1	Other provision expense	47,375
7.1.2	Losses from trading in foreign currencies	-
7.1.3	Losses from foreign currency exchange translation	-
7.1.4	Fees and commission expense	12,352
7.1.5	Other operating expense	57,699
7.2	Other expense	1,338
8.	Profit before tax	31,063
9.	Income tax expense	6,247
10.	Profit after tax	24,815

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK

2020/06/30 (In millions of MNT)

Related parties		Category of assets	Balance	Share to capital
1.	Loans and other equivalent asset provided to a related party (less than 5% of capital)
1.1	Shareholders of the Bank	-	-	-
1.2	Key management personnel	-	-	-
1.3	Other related parties	Loan, Receivable, Guarantee	28,762	4.65%
2	Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1	Shareholders of the Bank	Loan,Credit line, Receivable	26,891	4.34%
2.2	Key management personnel	In millions of MNT	3,205	0.52%
2.3	Other related parties	Loan, Guarantee, Receivable	87,728	14.17%

UNAUDITED FINANCIAL STATEMENTS

2020/03/31 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1	Cash and cash equivalents	1,492,063
1.2	Deposits with other banks and financial institutions	968,875
1.3	Financial investments	206,168
1.3.1	Investments in subsidiary	-
1.4	Loans and advances to customers (net)	3,106,970
1.4.1	Performing loans	2,960,604
1.4.2	Non-performing loans	174,013
1.4.3	Deferred loan payments	(8,512)
1.4.4	Accrued interest receivables	93,736
1.4.5	Provision for loan impairment	(112,871)
1.5	Derivative financial assets	191,640
1.6	Other financial assets	199,458
1.7	Other non-financial assets	88,350
1.8	Premises and equipments	144,438
1.9	Investment properties	50,091
1.10	Assets for sale	68,345
1.11	Intangible assets	16,950
	Total assets	6,533,348
2.	LIABILITIES
2.1	Current accounts	1,678,789
2.2	Savings	2,996,236
2.3	Due to other banks and financial institutions	811,320
2.4	Other funds	272,285
2.5	Other liabilities	283,959
	Total liabilities	6,042,589
3.	EQUITY
3.1	Share capital	57,793
3.2	Share premium	135,172
3.3	Treasury stock	-
3.4	Revaluation surplus	6,505
3.5	Retained earnings	273,755
3.6	Other components of equity	17,534
	Total equity	490,759
	Total liabilities and equity	6,533,348

	Off-balance items
	Contingencies and commitments (net)	488,307

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%	10.48%
Capital adequacy ratio	>12%	15.25%
Liquidity ratio	>20%	31.98%
Single foreign currency open position ratio	<±15%	6.73%
Total foreign currency open position ratio	<±30%	8.34%

INCOME STATEMENT

2020/03/31 (In millions of MNT)

	Income statament items
1.	Interest income	151,048
1.1	Balances with the Bank of Mongolia	4,465
1.2	Due from other banks and financial institutions	5,304
1.3	Investments in securities	8,574
1.4	Loans and advances to customers	119,373
1.5	Other	13,332
2.	Interest expense	109,113
2.1	Customer accounts	8,606
2.2	Savings	69,756
2.3	Borrowed funds	13,116
2.4	Securities
2.5.	Other	17,635
3.	Net interest income	41,935
4.	Provision expenses	63,369
5.	Net interest income after provision	(21,434)
6.	Other income	66,877
6.1	Non-interest income	63,711
6.1.1	Gains from trading in foreign currencies	8,545
6.1.2	Gains from foreign currency exchange translation	41,086
6.1.3	Fees and commission income	12,822
6.1.4	Other non-interest income	1,260
6.2	Other income	3,166
7.	Other expense	42,639
7.1	Non-interest expense	42,012
7.1.1	Other provision expense	6,244
7.1.2	Losses from trading in foreign currencies	-
7.1.3	Losses from foreign currency exchange translation	-
7.1.4	Fees and commission expense	6,339
7.1.5	Other operating expense	29,429
7.2	Other expense	627
8.	Profit before tax	2,805
9.	Income tax expense	311
10.	Profit after tax	2,494

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK

2020/03/31 (In millions of MNT)

Related parties		Category of assets	Balance	Share to capital
1.	Loans and other equivalent asset provided to a related party (less than 5% of capital)
1.1	Shareholders of the Bank	-	-	-
1.2	Key management personnel	-	-	-
1.3	Other related parties	Loan, Receivable, Guarantee	28,000	4.47%
2	Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1	Shareholders of the Bank	Loan,Credit line, Receivable	28,050	4.47%
2.2	Key management personnel	In millions of MNT	2,528	0.40%
2.3	Other related parties	Loan, Guarantee, Receivable	77,206	12.31%

AUDITED FINANCIAL STATEMENTS

2019/12/31 (In millions of MNT)

	Balance sheet Items
1.	ASSETS
1.1	Cash and cash equivalents	1,465,380
1.2	Deposits with other banks and financial institutions	1,012,300
1.3	Financial investments	200,682
1.3.1	Investments in subsidiary	-
1.4	Loans and advances to customers (net)	3,306,694
1.4.1	Performing loans	3,180,421
1.4.2	Non-performing loans	165,058
1.4.3	Deferred loan payments	(9,299)
1.4.4	Accrued interest receivables	91,708
1.4.5	Provision for loan impairment	(121,194)
1.5	Derivative financial assets	138,110
1.6	Other financial assets	156,375
1.7	Other non-financial assets	101,963
1.8	Premises and equipments	147,749
1.9	Investment properties	42,388
1.10	Assets for sale	57,125
1.11	Intangible assets	14,370
	Total assets	6,643,136
2.	LIABILITIES
2.1	Current accounts	1,809,998
2.2	Savings	3,003,032
2.3	Due to other banks and financial institutions	815,374
2.4	Other funds	268,031
2.5	Other liabilities	284,196
	Total liabilities	6,180,631
3.	EQUITY
3.1	Share capital	57,793
3.2	Share premium	135,172
3.3	Treasury stock	-
3.4	Revaluation surplus	7,747
3.5	Retained earnings	197,396
3.6	Other components of equity	64,397
	Total equity	462,505
	Total liabilities and equity	6,643,136

Off-balance items
Contingencies and commitments (net)		675,316

Prudential ratios by the Bank of Mongolia

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%	9.03%
Capital adequacy ratio	>12%	13.54%
Liquidity ratio	>25%	32.58%
Single foreign currency open position ratio	<±15%	-0.91%
Total foreign currency open position ratio	<±30%	-13.44%

Audited Income statement

2019/12/31 (In millions of MNT)

	Income statement Items
1.	Interest income	577,892
1.1	Balances with the Bank of Mongolia	18,536
1.2	Due from other banks and financial institutions	21,176
1.3	Investments in securities	57,135
1.4	Loans and advances to customers	466,427
1.5	Other	14,617
2.	Interest expense	366,007
2.1	Customer accounts	39,469
2.2	Savings	284,693
2.3	Borrowed funds	40,993
2.4	Securities	-
2.5	Other	851
3.	Net interest income	211,885
4.	Provision expenses	135,445
5.	Net interest income after provision	76,440
6.	Other income	107,105
6.1	Non-interest income	96,687
6.1.1	Gains from trading in foreign currencies	12,299
6.1.2	Gains from foreign currency exchange translation	31,291
6.1.3	Fees and commission income	55,098
6.1.4	Other non-interest income	-
6.2	Other income	8,417
7.	Other expense	158,650
7.1	Non-interest expense	148,984
7.1.1	Other provision expense	11,582
7.1.2	Losses from trading in foreign currencies	-
7.1.3	Losses from foreign currency exchange translation	-
7.1.4	Fees and commission expense	17,094
7.1.5	Other operating expense	120,308
7.2	Other expense	9,666
8.	Profit before tax	24,895
9.	Income tax expense	8,590
10.	Profit after tax	16,305
11.	Other comprehensive income	(5,451)
12.	Total comprehensive income	10,853

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK

2019/12/31 (In millions of MNT)

Related parties		Category of assets	Balance	Share to capital
1.	Loans and other equivalent asset provided to a related party (less than 5% of capital)
1.1	Shareholders of the Bank	-	-	-
1.2	Key management personnel	-	-	-
1.3	Other related parties	Loan	27,905	4.8%
2	Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1	Shareholders of the Bank	Loan	29,422	5.1%
2.2	Key management personnel	Loan	2,209	0.4%
2.3	Other related parties	Loan, Guarantee	67,234	11.7%

UNAUDITED FINANCIAL STATEMENTS

2019/09/30 (In millions of MNT)

	Balance sheet Items
1.	ASSETS
1.1	Cash and cash equivalents	1,630,102
1.2	Deposits with other banks and financial institutions	1,044,918
1.3	Financial investments	207,672
1.3.1	Investments in subsidiary	-
1.4	Loans and advances to customers (net)	3,151,752
1.4.1	Performing loans	2,987,225
1.4.2	Non-performing loans	228,035
1.4.3	Deferred loan payments	(9,346)
1.4.4	Accrued interest receivables	88,907
1.4.5	Provision for loan impairment	(143,069)
1.5	Derivative financial assets	201,529
1.6	Other financial assets	236,398
1.7	Other non-financial assets	46,014
1.8	Premises and equipments	129,116
1.9	Investment properties	50,150
1.10	Assets for sale	79,677
1.11	Intangible assets	15,917
	Total assets	6,793,244
2.	LIABILITIES
2.1	Current accounts	1,840,736
2.2	Savings	3,123,470
2.3	Due to other banks and financial institutions	854,664
2.4	Other funds	284,452
2.5	Other liabilities	138,895
	Total liabilities	6,242,216
3.	EQUITY
3.1	Share capital	108,101
3.2	Share premium	127,629
3.3	Treasury stock	-
3.4	Revaluation surplus	6,855
3.5	Retained earnings	289,174
3.6	Other components of equity	19,269
	Total equity	551,028
	Total liabilities and equity	6,793,244

	Off-balance items
	Contingencies and commitments (net)	593,270

Prudential ratios by the Bank of Mongolia

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%	10.0%
Capital adequacy ratio	>12%	13.9%
Liquidity ratio	>25%	33.5%
Single foreign currency open position ratio	<±15%	-8.4%
Total foreign currency open position ratio	<±30%	-13.5%

INCOME STATEMENT

2019/09/30 (In millions of MNT)

	Income statement Items
1.	Interest income	437,815
1.1	Balances with the Bank of Mongolia	12,314
1.2	Due from other banks and financial institutions	15,095
1.3	Investments in securities	43,541
1.4	Loans and advances to customers	328,872
1.5	Other	37,994
2.	Interest expense	300,590
2.1	Customer accounts	22,227
2.2	Savings	209,929
2.3	Borrowed funds	32,121
2.4	Securities	-
2.5	Other	36,313
3.	Net interest income	137,225
4.	Provision expenses	86,299
5.	Net interest income after provision	50,926
6.	Other income	138,846
6.1	Non-interest income	136,846
6.1.1	Gains from trading in foreign currencies	10,389
6.1.2	Gains from foreign currency exchange translation	84,434
6.1.3	Fees and commission income	41,541
6.1.4	Other non-interest income	-
6.2	Other income	2,483
7.	Other expense	135,796
7.1	Non-interest expense	134,224
7.1.1	Other provision expense	29,604
7.1.2	Losses from trading in foreign currencies	-
7.1.3	Losses from foreign currency exchange translation	-
7.1.4	Fees and commission expense	17,138
7.1.5	Other operating expense	87,482
7.2	Other expense	1,572
8.	Profit before tax	53,977
9.	Income tax expense	4,199
10.	Profit after tax	49,778

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK

2019/09/30 (In millions of MNT)

Related parties		Category of assets	Balance	Share to capital
1.	Loans and other equivalent asset provided to a related party (less than 5% of capital)
1.1.	Shareholders of the Bank	-	-	-
1.2.	Key management personnel	-	-	-
1.3.	Other related parties	Loan	18,703	3.1%
2.	Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1.	Shareholders of the Bank	Loan	17,185	2.8%
2.2.	Key management personnel	Loan	2,342	0.4%
2.3.	Other related parties	Loan, Guarantee	67,754	11.1%

UNAUDITED FINANCIAL STATEMENTS

2019/06/30 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1	Cash and cash equivalents	1,415,809
1.2	Deposits with other banks and financial institutions	838,365
1.3	Financial investments	322,096
1.3.1	Investments in subsidiary	-
1.4	Loans and advances to customers (net)	3,307,469
1.4.1	Performing loans	3,098,171
1.4.2	Non-performing loans	259,617
1.4.3	Deferred loan payments	(9,866)
1.4.4	Accrued interest receivables	95,484
1.4.5	Provision for loan impairment	(135,938)
1.5	Derivative financial assets	199,625
1.6	Other financial assets	107,601
1.7	Other non-financial assets	57,022
1.8	Premises and equipments	125,004
1.9	Investment properties	41,283
1.10	Assets for sale	81,201
1.11	Intangible assets	14,193
	Total assets	6,509,667
2.	LIABILITIES
2.1	Current accounts	1,624,094
2.2	Savings	2,984,327
2.3	Due to other banks and financial institutions	833,543
2.4	Other funds	347,954
2.5	Other liabilities	175,338
	Total liabilities	5,965,257
3.	EQUITY
3.1	Share capital	108,101
3.2	Share premium	127,629
3.3	Treasury stock	-
3.4	Revaluation surplus	6,855
3.5	Retained earnings	277,586
3.6	Other components of equity	24,239
	Total equity	544,410
	Total liabilities and equity	6,509,667

	Off-balance items
	Contingencies and commitments (net)	575,931

Prudential ratios by the Bank of Mongolia

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%	11.4%
Capital adequacy ratio	>14%	14.0%
Liquidity ratio	>25%	33.7%
Single foreign currency open position ratio	<±15%	6.1%
Total foreign currency open position ratio	<±40%	8.6%

INCOME STATEMENT

2019/06/30

	Income statement Items
1.	Interest income	278,026
1.1	Balances with the Bank of Mongolia	8,102
1.2	Due from other banks and financial institutions	9,224
1.3	Investments in securities	32,869
1.4	Loans and advances to customers	204,955
1.5	Other	22,876
2.	Interest expense	191,730
2.1	Customer accounts	13,335
2.2	Savings	137,112
2.3	Borrowed funds	19,834
2.4	Securities	-
2.5	Other	21,449
3.	Net interest income	86,296
4.	Provision expenses	65,751
5.	Net interest income after provision	20,545
6.	Other income	166,842
6.1	Non-interest income	115,337
6.1.1	Gains from trading in foreign currencies	6,875
6.1.2	Gains from foreign currency exchange translation	81,966
6.1.3	Fees and commission income	26,496
6.1.4	Other non-interest income	-
6.2	Other income	1,505
7.	Other expense	93,012
7.1	Non-interest expense	91,931
7.1.1	Other provision expense	24,080
7.1.2	Losses from trading in foreign currencies	-
7.1.3	Losses from foreign currency exchange translation	-
7.1.4	Fees and commission expense	10,690
7.1.5	Other operating expense	57,161
7.2	Other expense	1,081
8.	Profit before tax	44,375
9.	Income tax expense	6,184
10.	Profit after tax	38,191

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK

2019/06/30 (In millions of MNT)

Related parties		Category of assets	Balance	Share to capital
1.	Loans and other equivalent asset provided to a related party (less than 5% of capital)
1.1	Shareholders of the Bank	-	-	-
1.2	Key management personnel	-	-	-
1.3	Other related parties	Loan	18,853	3.1%
2	Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1	Shareholders of the Bank	Loan	18,755	3.1%
2.2	Key management personnel	Loan	2,479	0.4%
2.3	Other related parties	Loan, Guarantee	73,410	12.2%

UNAUDITED FINANCIAL STATEMENTS

2019/03/31 (In millions of MNT)

	Balance sheet Items
1.	ASSETS
1.1	Cash and cash equivalents	1,082,617
1.2	Deposits with other banks and financial institutions	871,647
1.3	Financial investments	385,927
1.3.1	Investments in subsidiary	-
1.4	Loans and advances to customers (net)	3,107,894
1.4.1	Performing loans	2,858,420
1.4.2	Non-performing loans	341,447
1.4.3	Deferred loan payments	(9,178)
1.4.4	Accrued interest receivables	116,953
1.4.5	Provision for loan impairment	(199,748)
1.5	Derivative financial assets	115,352
1.6	Other financial assets	118,203
1.7	Other non-financial assets	56,428
1.8	Premises and equipments	120,202
1.9	Investment properties	37,567
1.10	Assets for sale	91,428
1.11	Intangible assets	14,401
	Total assets	6,001,667
2.	LIABILITIES
2.1	Current accounts	1,310,532
2.2	Savings	2,875,924
2.3	Due to other banks and financial institutions	870,749
2.4	Other funds	277,697
2.5	Other liabilities	146,657
	Total liabilities	5,481,558
3.	EQUITY
3.1	Share capital	108,101
3.2	Share premium	127,629
3.3	Treasury stock	-
3.4	Revaluation surplus	6,962
3.5	Retained earnings	227,141
3.6	Other components of equity	50,276
	Total equity	520,109
	Total liabilities and equity	6,001,667

	Off-balance items
	Contingencies and commitments (net)	528,012

Prudential ratios by the Bank of Mongolia

Ratios	Requirement %	Actual %
Tier 1 capital ratio	> 9%	10.8%
Capital adequacy ratio	>14%	14.0%
Liquidity ratio	>25%	32.4%
Single foreign currency open position ratio	<±15%	-3.2%
Total foreign currency open position ratio	<±40%	-7.4%

INCOME STATEMENT

2019/03/31 (In millions of MNT)

	Income statement Items
1.	Interest income	152,343
1.1	Balances with the Bank of Mongolia	3,985
1.2	Due from other banks and financial institutions	4,257
1.3	Investments in securities	12,959
1.4	Loans and advances to customers	122,483
1.5	Other	8,658
2.	Interest expense	89,670
2.1	Customer accounts	4,876
2.2	Savings	68,988
2.3	Borrowed funds	9,049
2.4	Securities	-
2.5	Other	6,758
3.	Net interest income	62,673
4.	Provision expenses	38,325
5.	Net interest income after provision	24,348
6.	Other income	57,894
6.1	Non-interest income	57,718
6.1.1	Gains from trading in foreign currencies	45,088
6.1.2	Gains from foreign currency exchange translation	-
6.1.3	Fees and commission income	12,630
6.1.4	Other non-interest income	-
6.2	Other income	176
7.	Other expense	76,679
7.1	Non-interest expense	76,361
7.1.1	Other provision expense	90
7.1.2	Losses from trading in foreign currencies	-
7.1.3	Losses from foreign currency exchange translation	44,004
7.1.4	Fees and commission expense	4,872
7.1.5	Other operating expense	27,396
7.2	Other expense	318
8.	Profit before tax	5,563
9.	Income tax expense	23
10.	Profit after tax	5,540
11.	Other comprehensive income	-
12.	Total comprehensive income	5,540

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK

2019/03/31 (In millions of MNT)

Related parties		Category of assets	Balance	Share to capital
1.	Loans and other equivalent asset provided to a related party (less than 5% of capital)
1.1	Shareholders of the Bank	-	-	-
1.2	Key management personnel	-	-	-
1.3	Other related parties	Loan	20,950	3.7%
2	Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1	Shareholders of the Bank	Loan	28,050	4.47%
2.2	Key management personnel	Loan	3,438	0.6%
2.3	Other related parties	Loan, Guarantee	77,146	13.6%

AUDITED FINANCIAL STATEMENTS

2018/12/31 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1.	Cash and cash equivalents	1,181,731
1.2.	Deposits with other banks and financial institutions	868,954
1.3	Financial investments	373,212
1.3.1.	Investments in subsidiary	-
1.4.	Loans and advances to customers (net)	3,183,724
1.4.1.	Performing loans	3,079,527
1.4.2.	Non-performing loans	175,636
1.4.3.	Deferred loan payments	(10,940)
1.4.4.	Accrued interest receivables	112,401
1.4.5.	Provision for loan impairment	(172,900)
1.5.	Derivative financial assets	125,353
1.6.	Other financial assets	55,534
1.7.	Other non-financial assets	79,194
1.8.	Premises and equipments	130,090
1.9.	Investment properties	34,294
1.10.	Assets for sale	34,777
1.11.	Intangible assets	14,250
	Total assets	6,081,113
2.	LIABILITIES
2.1.	Current accounts	1,441,007
2.2.	Savings	2,859,629
2.3.	Due to other banks and financial institutions	681,930
2.4.	Other funds	440,643
2.5.	Other liabilities	144,827
	Total liabilities	5,568,037
3.	EQUITY
3.1.	Share capital	108,101
3.2.	Share premium	127,629
3.3.	Treasury stock	-
3.4.	Revaluation surplus	6,855
3.5.	Retained earnings	202,843
3.6.	Other components of equity	67,648
	Total equity	513,076
	Total liabilities and equity	6,081,113

Off-balance items
Contingencies and commitments (net)		424,323

Prudential ratios by the Bank of Mongolia

Ratios	Requirement %	Actual %
Tier 1 capital ratio	> 9%	11.1%
Capital adequacy ratio	>14%	14.6%
Liquidity ratio	>25%	36.7%
Single foreign currency open position ratio	<±15%	-2.1%
Total foreign currency open position ratio	<±40%	-5.3%

AUDITED INCOME STATEMENT

2018/12/31

Income statement Items
1.	Interest income	493,961
1.1.	Balances with the Bank of Mongolia	11,833
1.2.	Due from other banks and financial institutions	10,902
1.3.	Investments in securities	70,847
1.4.	Loans and advances to customers	388,391
1.5.	Other	11,989
2.	Interest expense	323,255
2.1.	Customer accounts	18,382
2.2.	Savings	267,256
2.3.	Borrowed funds	37,260
2.4.	Securities	357
2.5.	Other	-
3.	Net interest income	170,706
4.	Provision expenses	66,151
5.	Net interest income after provision	104,555
6.	Other income	157,528
6.1.	Non-interest income	139,117
6.1.1.	Gains from trading in foreign currencies	19,173
6.1.2.	Gains from foreign currency exchange translation	72,554
6.1.3.	Fees and commission income	47,389
6.1.4.	Other non-interest income	-
6.2.	Other income	18,412
7.	Other expense	186,484
7.1.	Non-interest expense	138,012
7.1.1.	Other provision expense	16,949
7.1.2.	Losses from trading in foreign currencies	-
7.1.3.	Losses from foreign currency exchange translation	-
7.1.4.	Fees and commission expense	12,323
7.1.5.	Other operating expense	108,740
7.2.	Other expense	48,472
8.	Profit before tax	75,600
9.	Income tax expense	22,054
10.	Profit after tax	53,546
11.	Other comprehensive income	(4667)
12.	Total comprehensive income	48,880

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK

2018/12/31

Related parties		Category of assets	Balance	Share to capital
1.	Loans and other equivalent asset provided to a related party (less than 5% of capital)
1.1	Shareholders of the Bank	-	-	-
1.2	Key management personne	-	-	-
1.3	Other related parties	Loan	22,930	4.0%
2	Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1	Shareholders of the Bank	Loan	27,275	4.8%
2.2	Key management personnel	Loan	2,629	0.5%
2.3	Other related parties	Loan, Guarantee	70,770	12.4%

UNAUDITED FINANCIAL STATEMENTS

2018/09/30 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1	Cash and cash equivalents	1,051,426
1.2	Deposits with other banks and financial institutions	566,816
1.3	Financial investments	310,216
1.3.1	Investments in subsidiary	-
1.4	Loans and advances to customers (net)	2,794,836
1.4.1	Performing loans	2,624,199
1.4.2	Non-performing loans	230,889
1.4.3	Deferred loan payments	(10,216)
1.4.4	Accrued interest receivables	132,912
1.4.5	Provision for loan impairment	(182,947)
1.5	Derivative financial assets	100,797
1.6	Other financial assets	122,231
1.7	Other non-financial assets	89,740
1.8	Premises and equipments	106,443
1.9	Investment properties	41,220
1.10	Assets for sale	45,744
1.11	Intangible assets	17,170
	Total assets	5,246,640
2.	LIABILITIES
2.1	Current accounts	1,084,243
2.2	Savings	2,501,937
2.3	Due to other banks and financial institutions	734,125
2.4	Other funds	332,961
2.5	Other liabilities	151,710
	Total liabilities	4,804,975
3.	EQUITY
3.1	Share capital	104,392
3.2	Share premium	74,338
3.3	Treasury stock	-
3.4	Revaluation surplus	3,962
3.5	Retained earnings	181,443
3.6	Other components of equity	77,530
	Total equity	441,665
	Total liabilities and equity	5,246,640

	Off-balance items
	Contingencies and commitments (net)	430,727

Prudential ratios by the Bank of Mongolia

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%	9.38%
Capital adequacy ratio	>14%	14.05%
Liquidity ratio	>25%	30.90%
Single foreign currency open position ratio	<±15%	-1.48%
Total foreign currency open position ratio	<±40%	-7.42%

INCOME STATEMENT

2018/09/30 (In millions of MNT)

	Income statement Items
1.	Interest income	366,275
1.1	Balances with the Bank of Mongolia	8,611
1.2	Due from other banks and financial institutions	6,589
1.3	Investments in securities	57,562
1.4	Loans and advances to customers	284,133
1.5	Other	9,380
2.	Interest expense	239,562
2.1	Customer accounts	13,536
2.2	Savings	199,595
2.3	Borrowed funds	24,393
2.4	Securities	200
2.5	Other	1,838
3.	Net interest income	126,713
4.	Provision expenses	100,568
5.	Net interest income after provision	26,146
6.	Other income	112,888
6.1	Non-interest income	96,148
6.1.1	Gains from trading in foreign currencies	8,599
6.1.2	Gains from foreign currency exchange translation	53,736
6.1.3	Fees and commission income	33,814
6.1.4	Other non-interest income	-
6.2	Other income	16,740
7.	Other expense	99,182
7.1	Non-interest expense	96,060
7.1.1	Other provision expense	14,865
7.1.2	Losses from trading in foreign currencies	-
7.1.3	Losses from foreign currency exchange translation	-
7.1.4	Fees and commission expense	11,425
7.1.5	Other operating expense	69,770
7.2	Other expense	3,122
8.	Profit before tax	39,852
9.	Income tax expense	7,755
10.	Profit after tax	32,096
11.	Other comprehensive income	-
12.	Total comprehensive income	32,096

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK

2018/09/30 (In millions of MNT)

Related parties		Category of assets	Balance	Share to capital
1.	Loans and other equivalent asset provided to a related party (less than 5% of capital)
1.1	Shareholders of the Bank	-	-	-
1.2	Key management personnel	-	-	-
1.3	Other related parties	Loan	21,647	4.3%
2	Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1	Shareholders of the Bank	Loan	3,998	0.8%
2.2	Key management personnel	Loan	2,005	0.4%
2.3	Other related parties	Loan, Guarantee	82,136	16.5%

UNAUDITED FINANCIAL STATEMENTS

2018/06/30 (In millions of MNT)

	Balance sheet Items
1.	ASSETS
1.1	Cash and cash equivalents	1,302,358
1.2	Deposits with other banks and financial institutions	334,084
1.3	Financial investments	457,629
1.3.1	Investments in subsidiary	1,200
1.4	Loans and advances to customers (net)	2,800,240
1.4.1	Performing loans	2,572,466
1.4.2	Non-performing loans	224,324
1.4.3	Deferred loan payments	(10,289)
1.4.4	Accrued interest receivables	188,909
1.4.5	Provision for loan impairment	(175,170)
1.5	Derivative financial assets	71,407
1.6	Other financial assets	128,204
1.7	Other non-financial assets	48,251
1.8	Premises and equipments	147,855
1.9	Investment properties	37,306
1.10	Assets for sale	31,426
1.11	Intangible assets	16,308
	Total assets	5,393,068
2.	LIABILITIES
2.1	Current accounts	1,196,971
2.2	Savings	2,465,845
2.3	Due to other banks and financial institutions	767,314
2.4	Other funds	334,792
2.5	Other liabilities	144,343
	Total liabilities	4,909,265
3.	EQUITY
3.1	Share capital	104,392
3.2	Share premium	74,338
3.3	Treasury stock	-
3.4	Revaluation surplus	3,962
3.5	Retained earnings	224,618
3.6	Other components of equity	76,493
	Total equity	483,803
	Total liabilities and equity	5,393,068

	Off-balance items
	Contingencies and commitments (net)	490,308

Prudential ratios by the Bank of Mongolia

Ratios	Requirement %	Actual %
Tier 1 capital ratio	> 9%	9.9%
Capital adequacy ratio	>14%	14.1%
Liquidity ratio	>25%	33.0%
Single foreign currency open position ratio	<±15%	9.4%
Total foreign currency open position ratio	<±40%	11.2%

INCOME STATEMENT

2018/06/30 (In millions of MNT)

	Income statement Items
1.	Interest income	294,323
1.1	Balances with the Bank of Mongolia	6,054
1.2	Due from other banks and financial institutions	3,856
1.3	Investments in securities	44,386
1.4	Loans and advances to customers	234,217
1.5	Other	5,810
2.	Interest expense	159,151
2.1	Customer accounts	8,265
2.2	Savings	133,998
2.3	Borrowed funds	15,771
2.4	Securities	-
2.5	Other	1,118
3.	Net interest income	135,172
4.	Provision expenses	78,991
5.	Net interest income after provision	56,181
6.	Other income	43,388
6.1	Non-interest income	26,997
6.1.1	Gains from trading in foreign currencies	4,885
6.1.2	Gains from foreign currency exchange translation	-
6.1.3	Fees and commission income	22,112
6.1.4	Other non-interest income	-
6.2	Other income	16,391
7.	Other expense	74,339
7.1	Non-interest expense	71,562
7.1.1	Other provision expense	7,124
7.1.2	Losses from trading in foreign currencies	-
7.1.3	Losses from foreign currency exchange translation	12,822
7.1.4	Fees and commission expense	7,244
7.1.5	Other operating expense	44,372
7.2	Other expense	2,777
8.	Profit before tax	25,230
9.	Income tax expense	4,258
10.	Profit after tax	20,972

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK

2018/06/30 (In millions of MNT)

Related parties		Category of assets	Balance	Share to capital
1.	Loans and other equivalent asset provided to a related party (less than 5% of capital)
1.1	Shareholders of the Bank	-	-	-
1.2	Key management personnel	-	-	-
1.3	Other related parties	Loan	20,889	3.6%
2	Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1	Shareholders of the Bank	Loan	756	0.1%
2.2	Key management personnel	Loan	1,190	0.2%
2.3	Other related parties	Loan, Guarantee	81,066	13.9%

UNAUDITED FINANCIAL STATEMENTS

2018/03/31 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1	Cash and cash equivalents	1,753,470
1.2	Deposits with other banks and financial institutions	74,827
1.3	Financial investments	520,904
1.3.1	Investments in subsidiary	1,200
1.4	Loans and advances to customers (net)	2,272,111
1.4.1	Performing loans	2,078,102
1.4.2	Non-performing loans	188,253
1.4.3	Deferred loan payments	(5,617)
1.4.4	Accrued interest receivables	100,691
1.4.5	Provision for loan impairment	(89,318)
1.5	Derivative financial assets
1.6	Other financial assets	96,399
1.7	Other non-financial assets	25,587
1.8	Premises and equipments	164,813
1.9	Investment properties	59,927
1.10	Assets for sale	45,997
1.11	Intangible assets	16,435
	Total assets	5,097,163
2.	LIABILITIES
2.1	Current accounts	910,496
2.2	Savings	2,446,902
2.3	Due to other banks and financial institutions	893,146
2.4	Other funds	275,404
2.5	Other liabilities	160,952
	Total liabilities	4,686,902
3.	EQUITY
3.1	Share capital	52,146
3.2	Share premium	46,584
3.3	Treasury stock	-
3.4	Revaluation surplus	9,204
3.5	Retained earnings	256,290
3.6	Other components of equity	46,037
	Total equity	410,261
	Total liabilities and equity	5,097,163

	Off-balance items
	Contingencies and commitments (net)	519,866

Prudential ratios by the Bank of Mongolia

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%	9.6%
Capital adequacy ratio	>14%	14.4%
Liquidity ratio	>25%	40.3%
Single foreign currency open position ratio	<±15%	-5.3%
Total foreign currency open position ratio	<±40%	-9.5%

INCOME STATEMENT

2018/03/31 (In millions of MNT)

	Income statement Items
1.	Interest income	116,238
1.1	Balances with the Bank of Mongolia	2,816
1.2	Due from other banks and financial institutions	1,344
1.3	Investments in securities	25,160
1.4	Loans and advances to customers	83,898
1.5	Other	3,019
2.	Interest expense	79,732
2.1	Customer accounts	4,118
2.2	Savings	67,047
2.3	Borrowed funds	7,976
2.4	Securities	-
2.5	Other	590
3.	Net interest income	36,507
4.	Provision expenses	23,083
5.	Net interest income after provision	13,424
6.	Other income	28,093
6.1	Non-interest income	12,825
6.1.1	Gains from trading in foreign currencies	2,742
6.1.2	Gains from foreign currency exchange translation	-
6.1.3	Fees and commission income	10,083
6.1.4	Other non-interest income	-
6.2	Other income	15,268
7.	Other expense	31,988
7.1	Non-interest expense	31,791
7.1.1	Other provision expense	1,262
7.1.2	Losses from trading in foreign currencies	-
7.1.3	Losses from foreign currency exchange translation	4,920
7.1.4	Fees and commission expense	3,498
7.1.5	Other operating expense	22,111
7.2	Other expense	198
8.	Profit before tax	9,529
9.	Income tax expense	181
10.	Profit after tax	9,349

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK

2018/03/31 (In millions of MNT)

Related parties		Category of assets	Balance	Share to capital
1.	Loans and other equivalent asset provided to a related party (less than 5% of capital)
1.1	Shareholders of the Bank	-	-	-
1.2	Key management personnel	-	-	-
1.3	Other related parties	Loan	20,295	4.1%
2	Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1	Shareholders of the Bank	Loan	4,953	1.0%
2.2	Key management personnel	Loan	132	0.0%
2.3	Other related parties	Loan, Guarantee	83,780	17.0%

AUDITED FINANCIAL STATEMENTS

2017/12/31 (In millions of MNT)

Balance sheet Items
1.	ASSETS
1.1.	Cash and cash equivalents	1,140,313
1.2.	Deposits with other banks and financial institutions	701,376
1.3	Financial investments	613,716
1.3.1.	Investments in subsidiary	1,200
1.4.	Loans and advances to customers (net)	2,318,058
1.4.1.	Performing loans	2,116,535
1.4.2.	Non-performing loans	192,495
1.4.3.	Deferred loan payments	(6,138)
1.4.4.	Accrued interest receivables	110,699
1.4.5.	Provision for loan impairment	(95,533)
1.5.	Derivative financial assets	75,466
1.6.	Other financial assets	64,536
1.7.	Other non-financial assets	26,886
1.8.	Premises and equipments	140,555
1.9.	Investment properties	57,506
1.10.	Assets for sale	52,556
1.11.	Intangible assets	13,617
	Total assets	5,204,584
2.	LIABILITIES
2.1.	Current accounts	998,977
2.2.	Savings	2,412,575
2.3.	Due to other banks and financial institutions	968,162
2.4.	Other funds	267,728
2.5.	Other liabilities	165,453
	Total liabilities	4,812,895
3.	EQUITY
3.1.	Share capital	52,146
3.2.	Share premium	46,584
3.3.	Treasury stock	-
3.4.	Revaluation surplus	3,962
3.5.	Retained earnings	218,534
3.6.	Other components of equity	70,463
	Total equity	391,689
	Total liabilities and equity	5,204,584

Off-balance items
Contingencies and commitments (net)		545,529

Prudential ratios by the Bank of Mongolia

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%	9.3%
Capital adequacy ratio	>14%	14.4%
Liquidity ratio	>25%	44.3%
Single foreign currency open position ratio	<±15%	-11.0%
Total foreign currency open position ratio	<±40%	-15.2%

INCOME STATEMENT

2017/12/31 (In millions of MNT)

Income statement Items
1.	Interest income	409,220
1.1.	Balances with the Bank of Mongolia	12,418
1.2.	Due from other banks and financial institutions	3,153
1.3.	Investments in securities	99,784
1.4.	Loans and advances to customers	287,085
1.5.	Other	6,780
2.	Interest expense	287,230
2.1.	Customer accounts	13,685
2.2.	Savings	228,481
2.3.	Borrowed funds	45,063
2.4.	Securities	-
2.5.	Other	-
3.	Net interest income	121,990
4.	Provision expenses	33,412
5.	Net interest income after provision	88,579
6.	Other income	97,758
6.1.	Non-interest income	92,268
6.1.1.	Gains from trading in foreign currencies	56,617
6.1.2.	Gains from foreign currency exchange translation	-
6.1.3.	Fees and commission income	35,650
6.1.4.	Other non-interest income	-
6.2.	Other income	5,490
7.	Other expense	198,419
7.1.	Non-interest expense	172,657
7.1.1.	Other provision expense	(239)
7.1.2.	Losses from trading in foreign currencies	-
7.1.3.	Losses from foreign currency exchange translation	78,652
7.1.4.	Fees and commission expense	9,809
7.1.5.	Other operating expense	84,434
7.2.	Other expense	25,763
8.	Profit before tax	(12,083)
9.	Income tax expense	(6,930)
10.	Profit after tax	(5,153)
11.	Other comprehensive income	30,268
12.	Total comprehensive income	25,116

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK

2017/12/31 (In millions of MNT)

Related parties		Category of assets	Balance	Share to capital
1.	Loans and other equivalent asset provided to a related party (less than 5% of capital)
1.1	Shareholders of the Bank	-	-	-
1.2	Key management personnel	-	-	-
1.3	Other related parties	Loan	20,586	4.2%
2	Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1	Shareholders of the Bank	Loan	5,610	1.1%
2.2	Key management personnel	Loan	133	0.0%
2.3	Other related parties	Loan, Guarantee	81,943	16.6%

UNAUDITED FINANCIAL STATEMENTS

2017/09/30 (In millions of MNT)

	Balance sheet Items (In millions of MNT)
1.	ASSETS
1.1	Cash and cash equivalents	1,726,334
1.2	Deposits with other banks and financial institutions	61,642
1.3	Financial investments	606,134
1.3.1	Investments in subsidiary	1,200
1.4	Loans and advances to customers (net)	2,099,185
1.4.1	Performing loans	1,865,004
1.4.2	Non-performing loans	197,906
1.4.3	Deferred loan payments	(6,238)
1.4.4	Accrued interest receivables	112,968
1.4.5	Provision for loan impairment	(70,456)
1.5	Derivative financial assets	87,022
1.6	Other financial assets	100,891
1.7	Other non-financial assets	65,316
1.8	Premises and equipments	176,160
1.9	Investment properties	63,288
1.10	Assets for sale	41,416
1.11	Intangible assets	16,247
	Total assets	5,043,636
2.	LIABILITIES
2.1	Current accounts	971,525
2.2	Savings	2,219,975
2.3	Due to other banks and financial institutions	1,050,458
2.4	Other funds	217,808
2.5	Other liabilities	187,692
	Total liabilities	4,647,459
3.	EQUITY
3.1	Share capital	52,146
3.2	Share premium	46,584
3.3	Treasury stock	-
3.4	Revaluation surplus	9,645
3.5	Retained earnings	242,535
3.6	Other components of equity	45,267
	Total equity	369,177
	Total liabilities and equity	5,043,636

	Off-balance items
	Contingencies and commitments (net)	468,182

Prudential ratios by the Bank of Mongolia

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%	9.5%
Capital adequacy ratio	>14%	14.6%
Liquidity ratio	>25%	44.8%
Single foreign currency open position ratio	<±15%	-3.8%
Total foreign currency open position ratio	<±40%	-10.9%

INCOME STATEMENT

2017/09/30 (In millions of MNT)

	Income statement Items
1.	Interest income	296,631
1.1	Balances with the Bank of Mongolia	9,848
1.2	Due from other banks and financial institutions	2,069
1.3	Investments in securities	75,238
1.4	Loans and advances to customers	204,323
1.5	Other	5,154
2.	Interest expense	208,602
2.1	Customer accounts	9,906
2.2	Savings	164,790
2.3	Borrowed funds	33,906
2.4	Securities	-
2.5	Other	-
3.	Net interest income	88,029
4.	Provision expenses	25,120
5.	Net interest income after provision	62,909
6.	Other income	81,616
6.1	Non-interest income	76,799
6.1.1	Gains from trading in foreign currencies	49,563
6.1.2	Gains from foreign currency exchange translation	-
6.1.3	Fees and commission income	25,971
6.1.4	Other non-interest income	1,264
6.2	Other income	4,818
7.	Other expense	142,429
7.1	Non-interest expense	142,083
7.1.1	Other provision expense	2,790
7.1.2	Losses from trading in foreign currencies	-
7.1.3	Losses from foreign currency exchange translation	74,665
7.1.4	Fees and commission expense	8,124
7.1.5	Other operating expense	56,504
7.2	Other expense	347
8.	Profit before tax	2,096
9.	Income tax expense	-
10.	Profit after tax	2,096
11.	Other comprehensive income	7,113
12.	Total comprehensive income	9,209

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK

2017/09/30 (In millions of MNT)

Related parties		Category of assets	Balance	Share to capital
1.	Loans and other equivalent asset provided to a related party (less than 5% of capital)
1.1	Shareholders of the Bank	-	-	-
1.2	Key management personnel	-	-	-
1.3	Other related parties	Loan	20,903	4.3%
2	Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1	Shareholders of the Bank	Loan	5,621	1.2%
2.2	Key management personnel	Loan	778	0.2%
2.3	Other related parties	Loan, Guarantee	87,238	18.1%

UNAUDITED FINANCIAL STATEMENTS

2017/06/30 (In millions of MNT)

	Balance sheet Items (In millions of MNT)
1.	ASSETS
1.1	Cash and cash equivalents	1,412,774
1.2	Deposits with other banks and financial institutions	58,857
1.3	Financial investments
1.3.1	Investments in subsidiary	1,200
1.4	Loans and advances to customers (net)	2,082,995
1.4.1	Performing loans	1,911,252
1.4.2	Non-performing loans	178,670
1.4.3	Deferred loan payments	(6,171)
1.4.4	Accrued interest receivables	82,282
1.4.5	Provision for loan impairment	(83,037)
1.5	Derivative financial assets	79,954
1.6	Other financial assets	93,405
1.7	Other non-financial assets	64,348
1.8	Premises and equipments	195,238
1.9	Investment properties	63,312
1.10	Assets for sale	9,861
1.11	Intangible assets	15,561
	Total assets	4,656,906
2.	LIABILITIES
2.1	Current accounts	805,360
2.2	Savings	2,072,418
2.3	Due to other banks and financial institutions	758,671
2.4	Other funds	469,144
2.5	Other liabilities	163,493
	Total liabilities	4,269,087
3.	EQUITY
3.1	Share capital	52,146
3.2	Share premium	46,584
3.3	Treasury stock	-
3.4	Revaluation surplus	30,004
3.5	Retained earnings	241,079
3.6	Other components of equity	18,006
	Total equity	387,819
	Total liabilities and equity	4,656,906

	Off-balance items
	Contingencies and commitments (net)	438,470

Prudential ratios by the Bank of Mongolia

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%	9.7%
Capital adequacy ratio	>14%	14.5%
Liquidity ratio	>25%	41.5%
Single foreign currency open position ratio	<±15%	-13.7%
Total foreign currency open position ratio	<±40%	-22.3%

INCOME STATEMENT

2017/06/30 (In millions of MNT)

	Income statement Items
1.	Interest income	195,063
1.1	Balances with the Bank of Mongolia	6,119
1.2	Due from other banks and financial institutions	969
1.3	Investments in securities	49,510
1.4	Loans and advances to customers	134,979
1.5	Other	3,486
2.	Interest expense	135,101
2.1	Customer accounts	5,913
2.2	Savings	106,389
2.3	Borrowed funds	22,798
2.4	Securities	-
2.5	Other	-
3.	Net interest income	59,962
4.	Provision expenses	14,470
5.	Net interest income after provision	45,222
6.	Other income	63,789
6.1	Non-interest income	61,323
6.1.1	Gains from trading in foreign currencies	43,667
6.1.2	Gains from foreign currency exchange translation	-
6.1.3	Fees and commission income	16,379
6.1.4	Other non-interest income	1,277
6.2	Other income	2,465
7.	Other expense	108,370
7.1	Non-interest expense	108,101
7.1.1	Other provision expense	1,067
7.1.2	Losses from trading in foreign currencies	-
7.1.3	Losses from foreign currency exchange translation	64,873
7.1.4	Fees and commission expense	5,160
7.1.5	Other operating expense	37,001
7.2	Other expense	269
8.	Profit before tax	640
9.	Income tax expense	-
10.	Profit after tax	640
11.	Other comprehensive income	246
12.	Total comprehensive income	886

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK

2017/06/30 (In millions of MNT)

Related parties		Category of assets	Balance	Share to capital
1.	Loans and other equivalent asset provided to a related party (less than 5% of capital)
1.1	Shareholders of the Bank	-	-	-
1.2	Key management personnel	-	-	-
1.3	Other related parties	Зээл	19,925	4.2%
2	Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1	Shareholders of the Bank	Loan, Guarantee	4,721	1.0%
2.2	Key management personnel	Loan, Guarantee	847	0.2%
2.3	Other related parties	Loan, Guarantee	85,465	18.2%

UNAUDITED FINANCIAL STATEMENTS

2017/03/31 (In millions of MNT)

	Balance sheet Items
1.	ASSETS
1.1	Cash and cash equivalents	1,438,221
1.2	Deposits with other banks and financial institutions	-
1.3	Financial investments	533,697
1.3.1	Investments in subsidiary	1,200
1.4	Loans and advances to customers (net)	2,016,496
1.4.1	Performing loans	1,868,659
1.4.2	Non-performing loans	179,788
1.4.3	Deferred loan payments	(4,978)
1.4.4	Accrued interest receivables	59,302
1.4.5	Provision for loan impairment	(86,274)
1.5	Derivative financial assets	159,277
1.6	Other financial assets	96,371
1.7	Other non-financial assets	53,956
1.8	Premises and equipments	191,868
1.9	Investment properties
1.10	Assets for sale	16,968
1.11	Intangible assets	16,856
	Total assets	4,574,700
2.	LIABILITIES
2.1	Current accounts	699,756
2.2	Savings	1,995,110
2.3	Due to other banks and financial institutions	1,147,072
2.4	Other funds	190,652
2.5	Other liabilities	152,537
	Total liabilities	4,185,127
3.	EQUITY
3.1	Share capital	52,146
3.2	Share premium	46,584
3.3	Treasury stock	-
3.4	Revaluation surplus	30,004
3.5	Retained earnings	243,019
3.6	Other components of equity	17,820
	Total equity	389,573
	Total liabilities and equity	4,574,700

	Off-balance items
	Contingencies and commitments (net)	354,081

Prudential ratios by the Bank of Mongolia

Ratios	Requirement	Actual
Tier 1 capital ratio	> 9%	10.14%
Capital adequacy ratio	>14%	14.87%
Liquidity ratio	>25%	42.9%
Single foreign currency open position ratio	<±15%	-12.84%
Total foreign currency open position ratio	<±40%	-19.66%

INCOME STATEMENT

2017/03/31 (In millions of MNT)

	Income statement Items
1.	Interest income	93,184
1.1	Balances with the Bank of Mongolia	2,796
1.2	Due from other banks and financial institutions	317
1.3	Investments in securities	23,044
1.4	Loans and advances to customers	65,492
1.5	Other	1,535
2.	Interest expense	64,525
2.1	Customer accounts	2,781
2.2	Savings	50,516
2.3	Borrowed funds	11,228
2.4	Securities	-
2.5	Other	-
3.	Net interest income	28,659
4.	Provision expenses	7,179
5.	Net interest income after provision	21,480
6.	Other income	10,146
6.1	Non-interest income	10,068
6.1.1	Gains from trading in foreign currencies	2,804
6.1.2	Gains from foreign currency exchange translation	-
6.1.3	Fees and commission income	7,264
6.1.4	Other non-interest income	-
6.2	Other income	78
7.	Other expense	29,046
7.1	Non-interest expense	28,905
7.1.1	Other provision expense	1
7.1.2	Losses from trading in foreign currencies	-
7.1.3	Losses from foreign currency exchange translation	8,791
7.1.4	Fees and commission expense	2,381
7.1.5	Other operating expense	17,732
7.2	Other expense	141
8.	Profit before tax	2,580
9.	Income tax expense	-
10.	Profit after tax	2,580
11.	Other comprehensive income	-
12.	Total comprehensive income	2,580

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK

2017/03/31 (In millions of MNT)

Related parties		Category of assets	Balance	Share to capital
1.	Loans and other equivalent asset provided to a related party (less than 5% of capital)
1.1	Shareholders of the Bank	-	-	-
1.2	Key management personnel	-	-	-
1.3	Other related parties	Зээл	20,544	4.44%
2	Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1	Shareholders of the Bank	Loan	7,536	1.6%
2.2	Key management personnel	Loan	946	0.2%
2.3	Other related parties	Loan, Guarantee	66,319	14.3%

Exchange rate news

2025.05.05		2025.05.05	Mongol Bank	Non Cash		Cash
Currency		Currency	Mongol Bank	Buy	Sell	Buy	Sell
	USD	USD	3,571.47	3,562.00	3,572.00	3,562.00	3,587.00
	EUR	EUR	4,044.33	3,969.00	4,123.00	3,969.00	4,142.00
	CNY	CNY	491.17	492.40	499.30	492.40	501.20
	RUB	RUB	43.34	36.46	49.13	35.93	49.70
	JPY	JPY	24.62	24.43	25.19	24.34	25.31
	GBP	GBP	4,747.56	4,668.00	4,824.00	4,652.00	4,845.00
	CHF	CHF	4,316.24	4,224.00	4,447.00	4,209.00	4,458.00
	KRW	KRW	2.53	2.58	2.68	2.52	2.74
	HKD	HKD	460.54	458.40	462.10	456.70	464.20
	AUD	AUD	2,290.03	2,240.00	2,390.00	2,231.00	2,403.00
	CAD	CAD	2,583.81	2,546.00	2,629.00	2,536.00	2,644.00
	SGD	SGD	2,739.59	2,715.00	2,808.00	2,706.00	2,820.00
	SEK	SEK	368.47	351.40	391.00	350.10	392.70
nzd	NZD	nzd NZD	2,113.06	2,060.00	2,209.00	2,060.00	2,221.00
try	TRY	try TRY	93.03	90.20	94.80	89.10	95.30

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Please note that the above exchange rates are for informational purposes only and will be used for currency exchange transactions at current exchange rates in branches, settlement centers and internet banking.

Please contact the following address for more information regarding exchange rate and foreign exchange transactions.
Telephone: 75553434/
E-mail: dealers@golomtbank.com

Regarding gold exchange rate and gold trading Please contact the following address for more information.
Phone: 75701000/
E-mail: goldtraders@golomtbank.com