"Bogd Bank" (BOGD) JSC, registered in the first classification of the Mongolian Stock Exchange, has presented its financial and operational results for the first half of 2023.

Financial Highlights:

• Equity of "Bogd Bank" JSC reached 130.5 billion MNT as of the first half year of 2023, and over the past 8 years, equity has increased by 7.8 times and an average of 32 percent per year.
• In the first half of 2023, the total assets increased by 50 percent from the same period last year and reached MNT 588.78 billion. Since its inception in 2014, its total assets have grown 35 times, with an average annual growth rate of 45 percent.
• Net profit for the first half of 2023 increased by 88 percent from the same period last year and reached 15.13 billion MNT, which is 52 percent of the final target level of 29 billion MNT in 2023.

MONGOLIA STOCK EXCHANGE