Transcapital’s assets reached 782.2 billion MNT at the end of 2016

As reported by the Financial Regulatory Committee, according to the fourth quarter 2016 financial report from Transcapital Non Bank Financial Institution, total assets at Transcapital reached 782.6 billion MNT for the year. This figure was 26.3 percent higher than the previous year’s total assets.

The rise in total assets was mainly affected by the rise in Transcapital’s own assets, which rose by 154.3 billion MNT, and a 42.8 percent increase in shareholder assets.

Of 2016's assets, 60.7 percent were comprised of loans, and cash made up 30.9 percent.