Golomt Bank released unaudited 2nd quarter of 2023 financial report


Golomt Bank released unaudited 2nd quarter of 2023 financial report

Golomt Bank released the Bank of Mongolia regulation based unaudited 2nd quarter of 2023 financial report (year-to-date accumulated).

In 2nd quarter of 2023 YTD, compared to the same period of the previous year,:

  • Total assets increased by 7.1% to MNT 9.2 trillion
  • Total equity increased by 18.4% to MNT 846.3 billion
  • Total loans increased by 16.1% to MNT 4.3 trillion. Non-performing loan ratio is 7.3%.
  • Customer funds increased by 7.6% to reach MNT 6.0 trillion.
  • Profit after tax increased by MNT 20.9 billion or 36.5% to MNT 78.2 billion.

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

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