Page 103 - Annual Report 2022

41 Banka Kombëtare Tregtare Annual Report 2022

Banka Kombëtare Tregtare Sh.a.
Notes to the Consolidated Financial Statements for the year ended
31 December 2022 (Amounts in USD, unless otherwise stated)

5. Financial risk management (continued)

(b) Credit Risk (continued)
ii Expected credit loss measurement (continued)
The following table sets out the changes in in gross carrying amount of financial assets where impairment requirements apply
(other than loans to customers).
RECONCILIATION OF THE ACCUMULATED IMPAIRMENT ALLOWANCE OF FINANCIAL ASSETS WHERE IMPAIRMENT REQUIREMENTS
APPLY (OTHER THAN LOANS TO CUSTOMERS)
Due from Banks
31 December 2021
Stage 1 Stage 2 Stage 3 Total
Balance at 1 January 1,115,382 97,697 - 1,213,079
2021
- - - -

Transfer to Stage 1 - - - -
(from 2 or 3)
Transfer to Stage 2 - - - -
(from 1 or 3)
Transfer to Stage 3 - - - -
(from 1 or 2)
New financial assets 722,860 5,780 - 728,640
originated or purchased
Derecognition of financial (609,320) (97,697) - (707,017)
assets
Write-offs - - - -
Changes in models/risk 306,103 - - 306,103
parameters
Foreign exchange and (57,641) - - (57,641)
other movements
Allowance at 31 1,477,384 5,780 - 1,483,164
December 2021

Debt Investment Securities at amortised cost Loan Commitments and financial guarantee contracts
31 December 2021
Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total
Balance at 1 January 770,687 - - 770,687 923,039 3,982 - 927,021
2021
- - - - - - - -

Transfer to Stage 1 - - - - - - - -
(from 2 or 3)
Transfer to Stage 2 (11,280) 23,335 - 12,055 (146) 146 - -
(from 1 or 3)
Transfer to Stage 3 - - - - - - - -
(from 1 or 2)
New financial assets 810,216 - - 810,216 277,687 403 - 278,090
originated or purchased
Derecognition of financial (186,363) - - (186,363) (74,421) (58) - (74,479)
assets
Write-offs - - - - - - - -
Changes in models/risk 246,969 8,796 - 255,765 (359,523) 2,121 - (357,402)
parameters
Foreign exchange and (83,797) (2,442) - (86,239) (71,011) (303) - (71,314)
other movements
Allowance at 31
December 2021 1,546,432 29,689 - 1,576,121 695,626 6,291 - 701,917