Golomt Bank has released its unaudited financial report for the 4th quarter of 2024 prepared in accordance with the Bank of Mongolia’s regulations (year-to-date accumulated).
Key financial highlights for the 4th quarter of 2024 YTD, compared to the same period of previous year, include:
- Total assets increased by 34.4% to MNT 15.4 trillion.
- Total equity increased by 34.1% to MNT 1.3 trillion.
- Net loans increased by 57.8% to MNT 7.2 trillion with the non-performing loan ratio improving to 3.0%.
- Customer funds increased by 10.4% to reach MNT 8.5 trillion.
- Profit after tax increased by 2.2 times to MNT 406.7 billion.
- EPS reached ₮502.9
- All the prudential ratios are fulfilling the requirements of the Bank of Mongolia.
Please refer to the following link for the financial report. HERE
Golomt Bank has released its unaudited financial report for the 4th quarter of 2024 prepared in accordance with the Bank of Mongolia’s regulations (year-to-date accumulated).
Key financial highlights for the 4th quarter of 2024 YTD, compared to the same period of previous year, include:
- Total assets increased by 34.4% to MNT 15.4 trillion.
- Total equity increased by 34.1% to MNT 1.3 trillion.
- Net loans increased by 57.8% to MNT 7.2 trillion with the non-performing loan ratio improving to 3.0%.
- Customer funds increased by 10.4% to reach MNT 8.5 trillion.
- Profit after tax increased by 2.2 times to MNT 406.7 billion.
- EPS reached ₮502.9
- All the prudential ratios are fulfilling the requirements of the Bank of Mongolia.
Please refer to the following link for the financial report. HERE