Munkhbat Davaatseren, CEO, Golomt Securities, Golomt Bank

1. Mongolia Investment Summit 2013
19-20 November 2013

2. Introduction
2
Golomt Bank was established in
1995 as a wholly owned subsidiary of Bodi
International L.L.C., the premier diversified
conglomerate recognized for its seminal
contribution to economic and social development
in Mongolia.
Golomt Bank was the first
Mongolian commercial bank admitted to the
S.W.I.F.T network to execute our customers’
international money transfers and enjoys
correspondent banking relationships with many
of the world’s leading banks in the major
international and regional trading economies and
plays a predominant role in international
remittances to and from Mongolia.
The Bank holds a dominant market
share of >60% in both card and international
payments: >50% in international trade finance;
and >40% in foreign exchange transactions.

3. Key Milestones
Granted zero risk
premium by Bank of
Mongolia due to
Golomt’s strong capital
base and franchise
Swiss Mo invested
US$20 mm,
representing a 10.7%
equity stake in Golomt
Bank
Awarded Euromoney
Award for Excellence
Founded in 1995 by
the Bodi Group
Established banking
relationships with
Credit Suisse and
Berliner Bank
Credit Suisse invested
US$10 mm in a
subordinated
convertible loan facility
Restructured
organizational structure
including the
establishment of risk
management and audit
as independent
functions
Stanhope Investments
invested US$25 mm in
a subordinated
convertible loan facility
on behalf of the Abu
Dhabi Investment
Council (ADIC)
China Union Pay –
Dual currency card
Sole agent of Amex
2011201020082007200519991995 2000 20032001 2006 200920042002
Became the first agent
of Western Union
Money Transfers in
Mongolia
Introduced credit cards
by Visa for the first time
in Mongolia
Opened Rep office in
London (2002), Seoul
and Beijing (2003)
Awarded “Bank of the
Year” by The Banker
Introduced credit cards
by Mastercard for the
first time in Mongolia
Trafigura Beheer B.V.
invested US$15.9 mm
representing 5002%
equity stake in Golomt
Bank
“Best Bank 2012”
aware by Global
Finance
2012
3

4. 3rd largest oil trader and the
2nd largest independent
trader in the non-ferrous
concentratesmarket
Invested US$15.9 mm in
Golomt Bankin March
2012 for a 5.02% stake
Swiss Mo Investment Ag
MiddleEastern fund, spun off in
2007 from Abu Dhabi
Investment Authority (AUM of
US$627 bn)
Abu Dhabi Investment Council,
through Stanhope, an
investment vehicle, madea
strategic investment inGolomt
Bankin 2010
Invested in a US$25 mm 5-year
subordinatedconvertibleloan
International investment bank
with a market capitalization of
US$32 bn
Credit Suisse made a strategic
investment in Golomt Bankin
2007 to gain a presencein
Mongolia’sgrowing economy
Invested in a US$10 mm 5-year
subordinatedconvertibleloan
Investment holdingcompany
controlledby leadingSwiss
entrepreneur andphilanthropist
Urs E. Schwarzenbach
Invested US$20 mm in Golomt
Bankin June 2011 for a 10.7%
stake
Notes:
1 Strategic investors refer to international organizations that have invested for non-donor reasons
International Investors
Golomt bank has attracted international multiple equity related strategic investors
4

5. Financial Services and Products
Source: Company Filings, Company Information
Deposits and Current Accounts Products
Loan Products
Trade Finance Products
5
Card Products
Bank bond/ Guarantee Products
E – Banking services
Payment services
Investment banking services
Securities brokerage services

6. Sector exposure that best capturesthe economic mix
6
Mining & Exploration is the largest industry segment to which the Bank is exposed
Leadership in the corporate and SME lending
Increasing focus on consumer lending and mortgage
Targeting niche sectors of the market that yield a higher
interest rate
Loan grow th has been a consequential function of the
constantly grow ing deposit base
Highlights
Loans Breakdown by Industry Sector
Source: Company Information
Historical Evolution of the Loan(1)
Portfolio by Type
56.9 61.3
60.9
59.0 754.92128.8 25.5
20.4
17.9
301.4234
10.2
13.9
8.5
458.7 514.3
782.8
2008 2009 2010 2011 2012
Consumer Mortgage SME Corporate
Note:
1 Measured as gross loans before any allowance for impairment losses. Does not include accrued interest
(MNT bn, %) 1,253.1
6
17.3% - Mortgage
10.3% - Wholesale and retail trade
10.2% - Mining & Exploration
9.6% - Building and construction
9.1% - General consumer
8.7% - Manufacturing (various
industries)
5.8% - Financial institutions
5.3% - Transportation and
communication
5% - Real estate (excl. mortgage)
1.2% - Agriculture, fishing and
forestry
Source: Company Information

7. Distribution Network
The Bank’s network is focused on urban centers in close proximity to key clients and is supported by the
Bank’s e-banking platform
ArkhangaiUVSBayan-Ulgii
Umnugobi
Zavhan
Khovd
Khuvsgul
Gobi-Altai
Bulgan
Ulaanbaatar
Tuv
Uvurkhangai
Bayankhongor
Dundgobi
Umnugobi
Khentii
Dornogobi
Dornod
Sukhbaatar
Selenge
186 ATM outlets in Mongolia Online banking services
This approach has enabled the Bank to achieve high levels of efficiency
95 branches and 24-hour
banking offices
Source: Company Information
7

8. Growth and EarningsQuality
Golomt Bank has witnessed tremendous growth in the past three years with consistent profit margins
alongside more diverse sources of income
Gross Loans and Total Deposits(1)
Source: Company Information
Operating Income and Net Profit
(MNT bln)
505.3
784.6
1,249.3
1,427.9
1,753.0
795.2
1,317.5
1,839.3
2,056.5 2,092.6
2009 2010 2011 2012 H1 2013
Gross Loans Total Deposits
37.2
46.4
78.4
89.9
58.2
13.1
20.0
28.2 26.6
24.4
2009 2010 2011 2012 H1 2013
Operating Income Net Profit
(MNT bln)
8

9. Profitabilityand Productivity
Golomt Bank has witnessed continuous improvements in profitability from more capital-efficient fee-based
income streams and a lower cost base
Cost-Income Ratio
Branch Productivity: Loan Amount per Branch
Source: Company Information
(US$ mm)
(%)
Return on Average Assets (“ROAA”)(1)
(%)
1.80
1.54 1.55 1.63
1.28
1.80
2008 2009 2010 2011 2012 H1 2013
Return on Average Equity (“ROAE”)(1)
(%)
24.3
22.9
27.1 27.0
18.5
24.8
2008 2009 2010 2011 2012 H1 2013
43.8 44.8 45.7
39.4
51.9
47.5
2008 2009 2010 2011 2012 H1 2013
6,3 6,4
8,1
11,2 10,8
2008 2009 2010 2011 2012
Note:
1 Calculated based on the average of the period year-end figures
9

10. Review of Historical Financial: Liquidity and Capitalization
Golomt has maintained prudent capitalization and strong liquidity positions
Loan to Deposit Ratio Liquidity Ratio
Total Capital/Total Assets
(%)
(%)
(%)
(%)
CAR and Tier 1 Capital
13,4 13,5 13,3
15,7
12,8
9,8
12,5
10,3
8,8
10,9
2008 2009 2010 2011 2012
CAR TierI ratio
Source: Company Information
8.99.48.9
8.1
7.7
9.1
2008 2009 2010 2011 2012 H1 2013
64.7
59.4
68.1 69.7
83.8
2009 2010 2011 2012 H1 2013
51.2
38.9
41.4
44.4
51.7
2009 2010 2011 2012 H1 2013
10

11. Solid Capital and Liquidity Positions
The Bank achieved one of the highest Tier 1 capital growth by actively managing its organic and external
sources of capital to keep pace with the robust growth in assets
78.4
127.7
187.9
222.1
273.1
2009 2010 2011 2012 H1 2013
Total Capital(1),(2)
(MNT bln)
Source: Company Filings
12.8 13.4 13.5 13.3
15.7
10.3 10.9
8.8
9.8
12.5
2008 2009 2010 2011 2012
CAR Tier 1 Ratio
Notes:
1 MNT convertedinto USD based on a fixedexchange rate of MNT / USD: 1,394.00, whichrepresentsthe mid-closing exchange rate, aspublished by Bloomberg, in effect asat 31 Dec 2011
2 Total capitalIncludes organic capital growthfrom retained earnings, and externalcapital sourced in the form of equity and subordinated loans from CS, Stanhope (ADIC) andSwiss Mo
3 Liquid assets include cash andequivalents, bank reserves, government bonds andbills and investment securities
4 Loansto deposits ratio is calculatedas a ratio of total gross loans before accruedinterest divided by total deposits, defined astotal amounts due to customers
5 CAR ratio requirement for systemically important banksto 14%by 2014
The Bank does not foresee any difficulty meetingthe proposed increase in CAR ratio requirement(5) from the BOM
High Liquidity with Well-Managed LDR(4)
64.7 59.4
68.1 69.7
83.8
2009 2010 2011 2012 H1 2013
(%)
Source: Company Filings
Capital Adequacy and Tier 1 Ratio
(%)
Source: Company Filings
33.0 38.5
67.0 61.5
All Banks
Other Assets Liquid Assets
Asset Split (2012)
US$8,386 mm(1) US$1,529 mm(1)
Source: BOM, Company Filings
Cash and
cash equiv . of
13.6% v s.
12.2% f or the
industry
(3)
(%)
11

12. Awards
1212
2011 2004,2009,2011,2012 2012,2013 2011
International awards
MastercardWorldwide
Best Partner in Mongolia award 2002,2003
• The Best ProductInnovation award 2007,2008,2010
• Best Platinum Card award 2007
Westernunion
• Business Champion 2011 award
• Best Productivity 2010 award
Visa International
• New marketDevelopmentAward 2002
• Outstanding Business DevelopmentAward 2003
• The Best Business Performance Award 2005
• The Best ProductDevelopmentAward 2006,2008
• Best CreditCard Award 2007
Internationally accepted and
recognized
Ranking according to The Banker “TOP 1000
Contenders” survey 2011:
• #6 in the TOP 25 banks globallyby Growth in Assets
• #7 in the TOP 25 banks in Asia Pacific by Return on
Capital
• #10 in the TOP 25 banks globallyby Growth in Tier 1
Capital

13. 13
Disclaimer
The content of this presentation is intended only to provide a summary and general overview of Golomt Bank of Mongolia. All statements, other
than statements of historical fact, are forward looking statements that involve various risks and uncertainties. There can be no assurances that
such statementswill prove accurate,and actual resultsand futureeventscould differ materially from those anticipated insuch statements.
This presentation does not form part of and is not made in connection with any offering securities, and it should not be relied upon in connection
with any contact, investment, decision or commitment whatsoever.
13
Contact
Address: Golomt Bank, Sukhbaatar Square,
P.O.Box 22, Ulaanbaatar 15160, Mongolia
Telephone: +976 – 7011 7676
Fax: +976 – 11 – 310895
Mail: info@golomtbank.com
www.golomtbank.com