Golomt Bank released the Bank of Mongolia regulation based unaudited 1st quarter of 2024 financial report (year-to-date accumulated).
In 1st quarter of 2024 YTD, compared to the same period of the previous year:
- Total assets increased by 13.9% to MNT 10.3 trillion
- Total equity increased by 16.5% to MNT 1.0 trillion
- Total loans increased by 37.4% to MNT 5.4 trillion. Non-performing loan ratio is 4.3%.
- Customer funds increased by 29.0% to reach MNT 7.5 trillion.
- Profit after tax increased by MNT 52.5 billion or 156.1% to MNT 86.2 billion.
Please refer to the following link for the financial report. HERE