Page 107 - Annual Report 2023

ANNUAL REPORT 2023 38
Notes to the Consolidated Financial Statements for the year ended 31 December 2023
(amounts in USD, unless otherwise stated)

iii. Credit quality analysis

The following table sets out information about the credit quality of loan to customers in 2023 by asset quality at amortised cost. Unless
specifically indicated, for financial assets, the amounts in the table represent gross carrying amounts.

LOANS TO CUSTOMERS BY ASSET QUALITY AT AMORTISED COST
Stage 1 Stage 2
31
December Non Past Total Non Past Total
2023 Past due Total Allowance Carrying Past due Total Allowance Carrying
Due Due
Amount Amount
Retail
lending 754,334,034 38,393,036 792,727,070 3,696,582 789,030,488 3,311,762 13,040,971 16,352,733 1,034,141 15,318,592
Mortgage 464,392,963 27,351,980 491,744,943 1,688,399 490,056,544 2,703,764 9,372,186 12,075,950 797,604 11,278,346
Consumer 276,563,243 9,871,770 286,435,013 1,826,399 284,608,614 607,851 3,459,622 4,067,473 212,032 3,855,441
Credit cards 13,377,828 1,169,286 14,547,114 181,784 14,365,330 147 209,163 209,310 24,505 184,805
Corporate 744,893,042 28,040,571 772,933,613 14,204,105 758,729,508 60,500,087 55,019,638 115,519,725 16,623,583 98,896,142
lending
Corporate 607,756,503 17,550,117 625,306,620 11,777,606 613,529,014 55,381,044 49,070,154 104,451,198 15,887,929 88,563,269
SME 92,609,388 6,752,698 99,362,086 1,562,507 97,799,579 2,935,517 4,576,828 7,512,345 456,875 7,055,470
Micro 44,527,151 3,737,756 48,264,907 863,992 47,400,915 2,183,526 1,372,656 3,556,182 278,779 3,277,403
Total 1,499,227,076 66,433,607 1,565,660,683 17,900,687 1,547,759,996 63,811,849 68,060,609 131,872,458 17,657,724 114,214,734
Off
balance - - - 106,727
sheet
Retail Credit - - - 78,557
cards
Business - - - 28,170
Credit cards

Stage 3
31 December Total net Value of
2023 Total Carrying
Non Past Due Past due Total Allowance amount at discounted
Amount
amortised cost collateral
Retail lending 2,428,219 8,470,714 10,898,933 4,673,637 6,225,296 810,574,376 929,497,041

Mortgage 1,963,548 3,344,313 5,307,861 1,190,394 4,117,467 505,452,357 667,747,428
Consumer 409,962 4,167,564 4,577,526 2,862,290 1,715,236 290,179,291 261,749,613

Credit cards 54,709 958,837 1,013,546 620,953 392,593 14,942,728 -
Corporate
lending 17,324,449 22,850,212 40,174,661 14,238,976 25,935,685 883,561,335 1,903,643,532
Corporate 14,271,469 13,611,077 27,882,546 9,224,064 18,658,482 720,750,765 1,438,085,636
SME 2,208,569 3,120,170 5,328,739 1,989,682 3,339,057 108,194,106 311,709,967

Micro 844,411 6,118,965 6,963,376 3,025,230 3,938,146 54,616,464 153,847,929
Total 19,752,668 31,320,926 51,073,594 18,912,613 32,160,981 1,694,135,711 2,833,140,573

Past due related to each stage is referred as follows:
Stage 1: Past due 1-30 DPD, otherwise Non Past Due, Stage 2: Past due 31-90 DPD, otherwise Non Past Due, Stage 3: Past due over 90 DPD,
otherwise Non Past Due.