Page 102 - 2021 ANNUAL REPORT draft
P. 102
The table below shows the credit quality and the maximum exposure to credit risk based on the Bank’s
internal credit rating system, 12 month PD range and year-end stage classification. The amounts presented
are gross of allowance for ECL. Details of the Bank’s internal grading system are explained in Note 4 and
the Bank’s impairment assessment and measurement approach is set out in Note 2.4.1.
Dec-2021
12
Stage 1 Stage 2 Stage 3 Total
month
In thousands of Gambian Dalasi PD ECL ECL ECL impairment
range
Internal rating grade
Performing
Collectively impaired
High grade
Standard grade 35,645 35,645
Sub-standard grade 5,085 5,085
Low grade 3,506 3,506
Non-performing
Individually impaired 12,463 243 1,585 14,291
Total 48,108 5,328 5,091 58,527
Dec-2020
12
month Stage 1 Stage 2 Stage 3 Total
PD
In thousands of Gambian Dalasi range ECL ECL ECL impairment
Internal rating grade
Performing
Collectively impaired
High grade
Standard grade 11,198 555 49,821 61,574
Sub-standard grade
Low grade
Non-performing
Individually impaired 11,463 11,463
Total 22,661 555 49,821 73,037
Credit quality of stage 1 loans
Loans and advances to customers
Individuals Non-individuals
102 | P a g e
Guaranty Trust Bank (Gambia) Limited Financial Statements December 2021
