Results for this period
First quarter1 January 2026–31 March 2026Non-consolidated (standalone)The shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.
The strong Mongolian economy drove an increase in corporate and retail lending and higher interest and fee income. At the same time, funding costs increased as deposit balances and deposit interest rates rose, while other ordinary income declined due to lower foreign-exchange trading income.
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 January 2026–31 March 2026 |
| Total assets | 25,333,000 Million tugriks |
| Net assets | 2,580,973 Million tugriks |
| Factors Behind Changes in Business Performance | The strong Mongolian economy drove an increase in corporate and retail lending and higher interest and fee income. At the same time, funding costs increased as deposit balances and deposit interest rates rose, while other ordinary income declined due to lower foreign-exchange trading income. |
Items this document does not state (32)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The strong Mongolian economy drove an increase in corporate and retail lending, resulting in higher interest and fee income. However, funding costs rose significantly as deposits increased and deposit interest rates rose, with deposit rates up by just under 1% year on year. Other ordinary income also declined due to lower foreign-exchange trading income.