Golomt Bank released the audited 2023 financial report


Golomt Bank released the audited 2023 financial report

Financial results for the end of 2023 compared to the same period of prior year:

  • Total assets increased by MNT 2.6 trillion or 29.4% to MNT 11.6 trillion
  • Total equity increased by 24.3% to MNT 1.1 trillion
  • Total loans increased by 25.2% to MNT 4.9 trillion, and customer funds increased by 39.9% to MNT 8.0 trillion
  • Profit after tax increased by 79.5% to MNT 209.2 billion

Based on the result:

  • ROAE (Return on Average Equity) increased to 24.1% from 19.5%
  • EPS (Earnings per share) increased to MNT 258.7

Please refer to the following link for the audited financial report. HERE 

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