Golomt Bank has released its unaudited financial report for the 1st quarter of 2025 prepared in accordance with the Bank of Mongolia’s regulations (year-to-date accumulated).
Key financial highlights for the 1st quarter of 2025 YTD, compared to the same period of previous year, include:
- Total assets increased by 49.0% to MNT 15.4 trillion.
- Total equity increased by 35.7% to MNT 1.4 trillion.
- Net loans increased by 45.1% to MNT 7.5 trillion with the non-performing loan ratio improving to 3.1%.
- Customer funds increased by 13.3% to reach MNT 8.5 trillion.
- Profit after tax increased by 36.3% to MNT 117.5 billion.
- All the prudential ratios are fulfilling the requirements of the Bank of Mongolia.
Please refer to the following link for the financial report. HERE