Page 102 - Annual Report 2023

33 BANKA KOMBËTARE TREGTARE
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 allowance of loans to customers at amortised cost.
ALLOWANCE OF LOANS TO CUSTOMERS AT AMORTISED COST
31 December 2023 Retail lending Corporate lending
Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total
Balance at 1 January 3,115,930 863,802 4,177,522 8,157,254 18,014,022 17,144,748 14,296,117 49,454,887
2023

Transfer to Stage 1 (from 330,381 (141,526) (275,712) (86,857) 760,478 (265,485) (623,564) (128,571)
2 or 3)
Transfer to Stage 2 (from (49,829) 205,795 (103,283) 52,683 (369,153) 426,246 (64,788) (7,695)
1 or 3)
Transfer to Stage 3 (from (9,889) (39,100) 538,531 489,542 (79,893) (91,589) 590,766 419,284
1 or 2)
New financial assets 1,407,520 33,530 462,325 1,903,375 5,727,311 142,783 252,313 6,122,407
originated or purchased
Derecognition of financial (353,879) (41,561) (537,192) (932,632) (1,289,117) (101,145) (1,244,510) (2,634,772)
assets
Changes due to
modifications that did not (854,407) 46,295 367,347 (440,765) (9,332,484) (703,074) 581,069 (9,454,489)
result in derecognition
Write-offs - - (353,242) (353,242) - - (159,430) (159,430)
Foreign exchange and 189,226 106,990 397,343 693,559 800,864 71,345 611,004 1,483,213
other changes
Allowance at 31 3,775,053 1,034,225 4,673,639 9,482,917 14,232,028 16,623,829 14,238,977 45,094,834
December 2023

The following table sets out the changes in allowance of loans to customers at amortised cost

ALLOWANCE 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 5,481,002 323,819 4,102,128 9,906,949 21,925,152 17,482,866 17,875,396 57,283,414
2022

Transfer to Stage 1 (from 129,533 (58,736) (103,125) (32,328) 4,027,229 (223,044) (4,469,881) (665,696)
2 or 3)
Transfer to Stage 2 (from 41,314 48,382 (89,698) (2) (635,574) 517,540 91,902 (26,132)
1 or 3)
Transfer to Stage 3 (from 89,130 (36,962) 1,146,927 1,199,095 (122,401) (22,942) 778,139 632,796
1 or 2)
New financial assets 1,296,924 45,421 81,613 1,423,958 6,511,103 368,669 2,533,045 9,412,817
originated or purchased
Derecognition of financial (526,759) (31,919) (435,001) (993,679) (3,164,503) (422,144) (1,676,632) (5,263,279)
assets
Changes due to
modifications that did not (3,303,372) 501,718 92,356 (2,709,298) (10,013,942) (970,828) 60,930 (10,923,840)
result in derecognition
Write-offs (9) - (465,834) (465,843) - - (330,506) (330,506)
Foreign exchange and (91,833) 72,079 (151,844) (171,598) (513,042) 414,631 (566,276) (664,687)
other changes
Allowance at 31 3,115,930 863,802 4,177,522 8,157,254 18,014,022 17,144,748 14,296,117 49,454,887
December 2022