Embed Size (px)
Citation preview
December 2008
Bank HighlightsBank Highlights
Senior Unsecured EMTN (foreign currency) Ba2 LT/ST Bank Deposits (foreign currency) B2/NP LT/ST Bank Deposits (domestic currency)Ba1/NP LT/ST Issuer Rating (foreign currency) Ba2/NP LT/ST Issuer Rating (domestic currency) Ba1/NP Subordinated Obligations Ba2 Outlook Stable
Bank Ratings by Moody’sBank Ratings by Moody’s
Financial Results (USD)Financial Results (USD)
1
As at 31 Dec 2006 2007 2008**
Total Asset 336.3 444.5 527.6
Total Loans 198.7 301.6 352.8
Total Deposits 256.1 365.3* 401.8*
Total Equity 32.9 47.5 60.1
Net Profit 9.3 12.9 13.8
Capital Adequacy 19% 14% 14.2%
ROAA 3.1% 3.5% 2.8%
ROAE 27% 32% 26.2%MNT/USD = 1,267.51 12/31/2008
* .Including $ 75
million bonds** .unaudited
■ Best Capitalized bank in Mongolia
■ Rapid growth and improving asset quality
■ Mongolia’s #1 corporate bank
■ Dominant market share in the corporate
and SME client segments, FX, money and
bullion markets
■ Leading international trade facilitator of
Mongolia
■ First Issuer into the international capital
market from Mongolia with a diversified
funding base
■ Continuously strong credit fundamentals:
Very high profitability with well-
managed cost/expenses
Diversified loan base and good quality
assets
Prudent risk management and
corporate governance
Rated Ba1, i.e. four notches above the
Mongolian sovereign, by Moody’s
Mongolia’s Best Capitalized Bank and Market Leader
Market Share by Profit*Market Share by Profit*
Market Share by Deposit*Market Share by Deposit*Market Share by Assets*Market Share by Assets*
Market Share by Loans*Market Share by Loans*
* As of 31 December , 20082
Asset/Loan growth exceeds sector’s medianAsset/Loan growth exceeds sector’s median
* As of 31 December 2008
Assets and Loans Assets and Loans Asset Composition*Asset Composition*
Comparison of Assets and Loans to Banking SectorComparison of Assets and Loans to Banking Sector
TDB Asset Growth 63.4% 41.6% 32.2% 18.4%
Mongolian Banking Sector Asset Growth 42.3% 42.0% 51.8% 7.8%
2005 2006 2007 2008
TDB Loan Growth 76.5% 49.4% 54.6% 16.9%
Mongolian Banking Sector Loan Growth 48.0% 41.7% 66.2% 1.6%
5
Decreasing Non-Performing LoansDecreasing Non-Performing Loans
Loan ClassificationLoan Classification
Gross Loans & NPLsGross Loans & NPLs Portfolio Composition*Portfolio Composition*
* As of 31 December 2008
Normal 91% 93% 97% 97.0%
Past Due 2% 3% 1% 1.5%
Substandard 1% 1% 1% 0.3%
Doubtful 3% 0% 0% 0.1%
Loss 4% 3% 1% 1.2%
2005 2006 2007
6
2008*
Capital Adequacy exceeds requirementsCapital Adequacy exceeds requirements
Prudential RatiosBOM
ThresholdRatios
TDB 31
December 2008
Capital adequacy ratio >10% 14.2%
Liquidity ratio >18% 37%
Foreign currency exposure <10% 7.7%
Single borrower exposure/ Capital funds <20% 18.3%
Related party lending / Capital funds
<5% 0.1%
Bank of Mongolia RequirementsBank of Mongolia Requirements Capital Adequacy RatioCapital Adequacy Ratio
BoM minimum required level
10%
Capital adequacy ratio is 14.2%*, above the minimum 10% required by BoM
BoM has been revising requirements and guidelines to promote the banking system in Mongolia which would benefit TDB
* As of 31 December 20088
Contact us
International and Investment Banking DepartmentMr. Zoljargal Naidansuren, Head of International and Investment Banking Department
Tel: +976 11 319943 Fax: +976 11 312418 Email: [email protected]
Mr. Munkhbayasgalan Anya,
Head of Marketing and Product Development Department
Tel: +976 11 328231 Fax: +976 11 328231 Email: [email protected]
Relationship Manager:
Ms. Erkhembayar BaltsukhTel: +976 11 319943 ext. 1426 Fax: +976 11 312418 Email: [email protected]
Trade and Development Bank of Mongolia Juulchin Street - 7, Baga Toiruu - 12Ulaanbaatar, MongoliaSwift: TDBMMNUBWebsite: www.tdbm.mn
