Page 101 - Annual Report 2023
P. 101
ANNUAL REPORT 2023 32
Notes to the Consolidated Financial Statements for the year ended 31 December 2023
(amounts in USD, unless otherwise stated)
The following table sets out the changes in gross carrying amount of loans to customers at amortised cost.
CHANGES IN GROSS CARRYING AMOUNT OF LOANS TO CUSTOMERS AT AMORTISED COST
31 December 2022 Retail lending Corporate lending
Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total
Balance at 1 January 508,492,588 16,775,728 9,725,657 534,993,973 636,238,970 154,201,092 57,873,686 848,313,748
2022
Transfer to Stage 1 (from 2,339,622 (2,336,493) (3,129) - 20,319,332 (3,037,917) (17,281,415) -
2 or 3)
Transfer to Stage 2 (from (3,977,688) 4,045,358 (67,670) - 5,542,926 (7,623,076) 2,080,150 -
1 or 3)
Transfer to Stage 3 (from (2,263,912) (1,773,605) 4,037,517 - (2,332,109) (747,636) 3,079,745 -
1 or 2)
New financial assets 223,682,737 1,054,925 140,240 224,877,902 191,921,805 7,734,390 8,931,208 208,587,403
originated or purchased
Derecognition of financial (50,712,637) (1,499,725) (1,117,465) (53,329,827) (96,335,531) (7,993,066) (6,733,847) (111,062,444)
assets
Changes due to
modifications that did not (49,877,436) (1,425,167) (953,926) (52,256,529) (101,101,532) (11,112,509) (2,780,068) (114,994,109)
result in derecognition
Write-offs (637) - (514,443) (515,080) - - (429,001) (429,001)
Foreign exchange and (12,581,911) (477,520) (199,533) (13,258,964) (19,231,134) (3,965,596) (1,546,904) (24,743,634)
other changes
Gross Balance at 31 615,100,726 14,363,501 11,047,248 640,511,475 635,022,727 127,455,682 43,193,554 805,671,963
December 2022
