Page 97 - Annual Report 2022

35 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 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 2021
Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total
Balance at 1
January 2021 468,939,856 23,661,790 15,196,113 507,797,759 665,114,188 189,546,909 72,249,775 926,910,872

Transfer to Stage 1 9,969,835 (8,558,643) (1,411,192) - 40,823,680 (35,587,289) (5,236,391) -
(from 2 or 3)

Transfer to Stage 2 (7,425,966) 8,144,678 (718,712) - (23,072,492) 31,768,186 (8,695,694) -
(from 1 or 3)
Transfer to Stage 3 (1,671,538) (1,734,103) 3,405,641 - (23,575,197) (4,045,485) 27,620,682 -
(from 1 or 2)
New financial 163,905,870 1,368,760 412,711 165,687,341 201,403,447 7,999,505 3,009,707 212,412,659
assets originated or
purchased
Derecognition of (50,275,540) (2,748,041) (3,165,571) (56,189,152) (88,810,930) (15,088,912) (18,382,556) (122,282,398)
financial assets

Changes due to (48,916,183) (1,947,536) (879,459) (51,743,178) (102,043,977) (10,557,018) (6,542,990) (119,143,985)
modifications that
did not result in
derecognition
Write-offs - - (2,466,640) (2,466,640) - - (2,243,022) (2,243,022)
Foreign exchange (26,033,746) (1,411,177) (647,234) (28,092,157) (33,599,749) (9,834,804) (3,905,825) (47,340,378)
and other changes

Gross Balance at 508,492,588 16,775,728 9,725,657 534,993,973 636,238,970 154,201,092 57,873,686 848,313,748
31 December 2021

The gross carrying amounts include principal and interest. Unamortized deferred fee is not included.