“Ard credit NBFI” JSC’s Chief Executive Officer Mr. Telmen presents the company's semi-annual report at 2pm on July 29, 2020.

During the reporting period the “Ard Credit NBFI” JSC’s total operating income reached MNT 4 billion resulting in a net income of MNT 548.8 million. The highlights of the report:   

• The total assets reached MNT 24.5 billion, which showed an increase of MNT 5.9 billion or 31.8 percent from the previous year; 

• The Net loan portfolio reached MNT 19.8 billion which showed an increase of MNT 6.8 billion or 52 percent from the previous year; 

• The Bank of Mongolia granted the digital currency license to “Ard Credit NBFI” JSC and the Company started to grant e-loans to rural individuals.

• “Ard Credit NBFI”JSC successfully repaid the loan of the Crowd Credit Fund of Japan.   

Please click here to view the full report. 

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