Page 99 - Annual Report 2022

37 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 allowance of loans to customers at amortised cost.
ALLOWANCE 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 2,721,848 864,617 5,509,607 9,096,072 18,769,803 22,699,878 20,127,433 61,597,114
January 2021

Transfer to Stage 587,918 (354,749) (517,115) (283,946) 4,025,109 (2,978,964) (1,447,440) (401,295)
1 (from 2 or 3)
Transfer to Stage (36,572) 186,552 (122,747) 27,233 (1,898,234) 3,954,531 (2,053,895) 2,402
2 (from 1 or 3)

Transfer to Stage (12,919) (59,168) 844,323 772,236 (1,517,659) (1,248,240) 8,277,180 5,511,281
3 (from 1 or 2)
New financial 1,847,604 30,870 330,060 2,208,534 5,983,717 399,330 836,506 7,219,553
assets originated or
purchased
Derecognition of (380,056) (71,775) (1,129,702) (1,581,533) (1,340,876) (1,138,424) (4,176,251) (6,655,551)
financial assets
Changes due to 1,003,113 (150,983) 671,989 1,524,119 (2,807,637) (2,024,821) (872,669) (5,705,127)
modifications that
did not result in
derecognition
Write-offs - - (1,208,850) (1,208,850) - - (1,060,197) (1,060,197)
Foreign exchange (249,934) (29,254) (260,619) (539,807) 710,929 (1,525,197) (1,755,272) (2,569,540)
and other changes

Allowance at 31 5,481,002 416,110 4,116,946 10,014,058 21,925,152 18,138,093 17,875,395 57,938,640
December 2021