Page 96 - Annual Report 2022

Banka Kombëtare Tregtare Annual Report 2022 34

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 gross carrying amount of loans to customers at amortised cost.

CHANGES IN GROSS CARRYING AMOUNT OF LOANS TO CUSTOMERS AT AMORTISED COST
Retail lending Corporate lending
31 December
2022 Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total
Balance at 1
January 2022 508,492,588 16,775,728 9,725,657 534,993,973 636,238,970 154,201,092 57,873,686 848,313,748

Transfer to Stage 2,339,622 (2,336,493) (3,129) - 20,319,332 (3,037,917) (17,281,415) -
1 (from 2 or 3)

Transfer to Stage (3,977,688) 4,045,358 (67,670) - 5,542,926 (7,623,076) 2,080,150 -
2 (from 1 or 3)
Transfer to Stage (2,263,912) (1,773,605) 4,037,517 - (2,332,109) (747,636) 3,079,745 -
3 (from 1 or 2)
New financial 223,682,737 1,054,925 140,240 224,877,902 191,921,805 7,734,390 8,931,208 208,587,403
assets originated or
purchased
Derecognition of (50,712,637) (1,499,725) (1,117,465) (53,329,827) (96,335,531) (7,993,066) (6,733,847) (111,062,444)
financial assets

Changes due to (49,877,436) (1,425,167) (953,926) (52,256,529) (101,101,532) (11,112,509) (2,780,068) (114,994,109)
modifications that
did not result in
derecognition
Write-offs (637) - (514,443) (515,080) - - (429,001) (429,001)
Foreign exchange (12,581,911) (477,520) (199,533) (13,258,964) (19,231,134) (3,965,596) (1,546,904) (24,743,634)
and other changes

Gross Balance
at 31 December 615,100,726 14,363,501 11,047,248 640,511,475 635,022,727 127,455,682 43,193,554 805,671,963
2022
The gross carrying amounts include principal and interest. Unamortized deferred fee is not included.