Mongolian Stock Exchange Tier 1 company "Bogd Bank" (BOGD) JSC presented its financial and operational results for the 4th quarter of 2022.
Highlights and events:

• Bogd Bank's total assets reached 476.8 billion MNT by the end of 2022, an increase of 46% compared to the previous year. Since its establishment in 2014, total assets have increased 28.6 times, with an average annual growth rate of 51%.
• By reaching 116.67 billion MNT, the company's capital has increased by 700% over the past 8 years, with an average annual growth rate of 31%.
• The total net profit in 2022 is 19.13 billion MNT, a 77% increase compared to the 2021 figure of 10.78 billion MNT
• As of December 31, 2022, the return on equity (ROE) is 16.4%, and the current ratio is 39.4%.

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MONGOLIAN STOCK EXCHANGE