In the first half of 2024, Golomt bank successfully issued its inaugural US$300 million three-year unsecured senior notes in the international capital market. This was the first international notes issuance by a privately held Mongolian commercial bank in over a decade. The bank has also secured a total of US$38 million in long-term financing from reputable organizations such as Saison Investment Management, Agents for Impact, and responsAbility Investments to support micro, small, and medium-sized enterprises, as well as sustainable and green projects.
Financial highlights for the first half of 2024, compared to the audited financial results 2023:
- Total assets increased by MNT 811 billion or 7.0 percent to MNT 12.4 trillion.
- Total equity increased by 18.9 percent to MNT 1.3 trillion.
- Gross loans increased by 36.8 percent to MNT 6.7 trillion and net loans increased by 38.4 percent to MNT 6.5 trillion.
- Customer funds increased by 3.1 percent to reach MNT 8.3 trillion.
- Profit after tax increased by 2.4 times compared to same period of previous year and reached to MNT 275.8 billion.
- Earning per share (EPS) increased to MNT 341.
Please refer to the following link for the audited financial report as first half of 2024. HERE