Interim Financial Statements As of 30 September 2021

Balance Sheet
As of 30 September 2021-Unaudited

	30-Sep-21 US$ (Unaudited)	CIFRS 31-Dec-20 US$ (Audited)
ASSETS
Cash on hand	141,612,930	112,449,694
Balances with the Central Bank	316,072,842	347,765,470
Due from banking & financial institutions	21,265,367	14,507,186
Loans and advances to customers- net	1,761,253,452	1,551,574,179
Other assets	32,523,168	20,517,283
Deferred tax assets	5,318,760	6,202,335
Goodwill	17,380,030	17,380,030
Software	2,934,370	3,009,642
Property and equipment	23,597,469	17,357,825
Right of Use Assets	-	16,631,777
TOTAL ASSETS	2,321,958,388	2,107,395,421
LIABILITIE AND SHAREHOLDERS' EQUITY
LIABILITIES
Deposits from customers and other financial institutions	1,483,863,113	1,282,172,981
Subordinated debt	83,950,000	63,750,000
Borrowings	341,660,082	375,502,609
Current tax liabilities	8,583,102	10,222,127
Other liabilities	45,738,628	37,103,838
Employee pension liabilities	19,696,333	23,701,504
Lease liabilities	-	15,393,794
Total Liabilities	1,983,491,258	1,807,846,853
Share capital	193,000,000	193,000,000
Regulatory reserve	11,936,141	11,936,141
Retained earnings	94,612,428	94,612,427
Profit for current year	38,918,560	-
Total Shareholders’ equity	338,467,129	299,548,568
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	2,321,958,388	2,107,395,421

Income Statement
For the period from 1 January 2021 to 30 September 2021-Unaudited

	01-Jan to 30 September 2021 US$ (Unaudited)	CIFRS 01-Jan to 31 December 2020 US$ (Audited)
Operating income
Interest income	163,759,060	203,086,588
Interest expense	(67,224,382)	(81,406,370)
Net interest income	96,534,678	121,680,218
Net fees and commissions	9,565,048	4,722,029
Other income	7,936,569	6,895,186
Total operating profit	114,036,295	133,297,433
Net FX Unrealized Gain/(Loss)	(520,582)	-
Allowance for bad and doubtful loans	(9,347,085)	(15,571,732)
Provision for Off Balance Sheet Expense	28,760	-
Provision for Cash in other Banks Expense	(10,222)	-
Other operating expenses	(54,999,449)	(63,814,487)
Profit before income tax	49,187,716	53,911,214
Income tax expense	(10,269,156)	(12,363,045)
Net profit for the period	38,918,560	41,548,169