Page 123 - Annual Report 2022

61 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)
(d) Market risk (continued)

1) Foreign currency risk (continued)
The following tables present the USD equivalent amounts of monetary assets and liabilities by currency as at 31 December 2022
and 31 December 2021:

31 December 2022 Lek USD Euro Other Total
Assets (In USD equivalent)
Cash and balances with Central Bank 174,945,328 26,485,556 316,295,130 19,765,647 537,491,661
Placements and balances with banks 945,085 155,034,396 301,560,884 16,361,647 473,902,012
Investment securities 1,196,565,978 476,177,089 1,151,923,336 87,124,975 2,911,791,378
Loans to banks - 31,842,665 114,051,659 - 145,894,324
Loans to customers 551,195,906 69,412,573 763,073,457 13 1,383,681,949
Other assets 4,721,405 (80,947) 6,218,341 32,755 10,891,554
Total assets 1,928,373,702 758,871,332 2,653,122,807 123,285,037 5,463,652,878
Foreign exchange contracts 2,489,514 34,735,414 164,652,063 22,683,309 224,560,300

Liabilities
Customer deposits 1,670,949,482 210,063,198 2,623,103,658 87,319,528 4,591,435,866
Due to banks and financial institutions 256,060,877 16,705,976 23,275,589 9,741,892 305,784,334
Due to third parties 4,294,958 - - - 4,294,958
Accruals and other liabilities 9,686,000 4,363,111 6,636,948 131,026 20,817,085
Lease liabilities 554,134 243,227 13,652,578 - 14,449,939
Subordinated debt - - 50,319,179 - 50,319,179
Total liabilities 1,941,545,451 231,375,512 2,716,987,952 97,192,446 4,987,101,361
Foreign exchange contracts 251,355 124,940,234 58,581,829 40,786,882 224,560,300
Net position (GAP) (10,933,590) 437,291,000 42,205,089 7,989,018 476,551,517

Total assets / Total liabilities 99.44% 222.73% 101.52% 105.79% 109.14%
GAP / FX denominated assets 0.55 0.015 0.0547 0.08

Sensitivity analysis
Lek depreciates by 10% 39,753,727 3,836,826 726,274 44,316,827
Lek depreciates by 5% 20,823,381 2,009,766 380,429 23,213,576
Lek appreciates by 5% (23,015,316) (2,221,320) (420,475) (25,657,111)
Lek appreciates by 10% (48,587,889) (4,689,454) (887,669) (54,165,012)