Golomt Bank has released its unaudited financial report for the 3rd quarter of 2024 prepared in accordance with the Bank of Mongolia’s regulations (year-to-date accumulated).
Key financial highlights for the 3rd quarter of 2024 YTD, compared to the same period of previous year, include:
- Total assets increased by 29.2% to MNT 12.5 trillion.
- Total equity increased by 35.1% to MNT 1.2 trillion.
- Net loans increased by 68.9% to MNT 6.9 trillion with the non-performing loan ratio improving to 3.0%.
- Customer funds increased by 10.9% to reach MNT 7.5 trillion.
- Profit after tax increased by 2.7 times to MNT 348.2 billion.
- EPS reached ₮430.6
- All the prudential ratios are fulfilling the requirements of the Bank of Mongolia.
Please refer to the following link for the financial report. HERE