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Ard Credit Nbfi JSC (Mongolia)

Main Activities: Other Financial Vehicles
Full name: Ard Credit Nbfi JSC Profile Updated: February 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

The company was incorporated in Mongolia on date 22 March 2011. The company was listing on Mongolian Stock exchange effective on date 30 November 2018.
The company is a publicly listed non-bank finance company, licensed by the FRC. It is a flagship of Ard Financial Group - a full-service financial holding company. Ard Credit was set up in April 2011 with the goal of providing access to inclusive financial services to Mongolians by leveraging the potential of innovative technologies.
The company offers a range of financial products and services to its customers through its proprietary mobile wallet. The company s features self-enrollment, AI backed credit scoring, a unique loyalty point system based on blockchain technology and a powerful cross-selling platform for e-commerce, insurance, brokerage and payments services.

Headquarters
Second Floor Of Ard Holdings Building, Prime Minister, Amar S Street, Sukhbaatar District
Ulaanbaatar; Ulaanbaatar; Postal Code: 14200

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Basic Information
Outstanding Shares:
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Incorporation Date:
2011
Key Executives
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Chief Executive Officer
Company Performance
Financial values in the chart are available after Ard Credit Nbfi JSC report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MNT. Absolute financial data is included in the purchased report.
Net interest income
25.14%
Operating profit (EBIT)
64.07%
Net Profit (Loss) for the Period
56.14%
Total assets
32.81%
Total equity
53.44%
Total Assets Trend
N/A
Net Interest Income Trend
N/A
Cost to Income Ratio
7.11%

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