Unaudited financial statements of Bogd Bank JSC for the 4th quarter of 2021

• Bogd Bank JSC presents its financial statements as of December 31, 2021. 
• Bogd Bank JSC, which has been growing steadily since its establishment in 2014 and is known among customers and the public for its innovative, technology-based products and the right attitude of the new generation of young people, successfully launched its IPO in December 2021. 
• Public Bank: On December 1, 2021, the IPO was issued to the public, fulfilling its plan by 104.5 percent and raising MNT 31.75 billion. 
• UB SME Financing Program: Small and Medium Enterprises and Services Support Center and Bogd Bank have announced an MNT 100 billion loan financing program for small and medium businesses and traders. 
• Sustainable Development Goals: Green loans and loans for women entrepreneurs are the most popular banking products. Bogd Bank is working to ensure equality and environmental friendliness in line with the UN Sustainable Development Goals. 
• Financial performance: With a capital of MNT 101.5 billion, it has increased its capital by 600 percent since 2014, an average annual increase of 30.11 percent. Total assets have reached MNT 327 billion, a 20-fold increase over the past seven years, with an average annual growth rate of 53 percent. Compared to the same period of the previous year, total assets increased by 45.42 percent, equity by 65.66 percent, and net profit by 82.4 percent.

Source: ikon.mn