Khan Bank

Financial Highlights

The Mongolian economy remained subdued throughout 2013 but the Bank remained consistent and secure, Khan Bank maintained its primary position within the Mongolian banking sector with the following achievements:

Profitability

Net profit after tax was 96.7 billion, an increase of MNT 25.2 billion or 35% from 2012. It currently dominates 42% of banking sector.

Capital

Total capital increased MNT 136.4 billion or 41% to 471.2 billion. As the minimum limit of bank’s statutory fund was specified as MNT 16 billion, Khan Bank raised its statutory fund to MNT 33 billion.

Total assets

Total assets increased MNT 2 trillion, or 72% to MNT 4.8 trillion.

Moody's Ratings

LT/ST Bank Deposits (foreign currency)	B2/NP
LT/ST Bank Deposits (domestic currency)	B1/NP
LT/ST Issuer Rating	B1/NP
Outlook	Negative

Fitch's Ratings

LT/ST IDR (Foreign currency)	B
LT IDR (Local currency)	B
Outlook	Negative