Page 105 - 2021 ANNUAL REPORT draft

1,585 3,506 - 5,091
Net Amount:

Loans 13,468 28,464 - 41,932
Overdraft - - - -
Others - - - -
13,468 28,464 - 41,932
FV of collateral1:
Loans - - - -
Overdraft - - - -
Others - - - -
FV of collateral - - - -
Amount of
undercollateralisation:

Loans - - - 47,023
Overdraft - - - -
Others - - - -
- - - -
Net Loans 13,468 28,464 - 41,932
Amount of
undercollateralisation on net
loans 13,468 28,464 - 41,932

Credit risk collateral

An estimate of the fair value of any collateral and other security enhancements held against loans and
advances to customers is shown below:
Loans and advances

Dec-2021 to customers
In thousands of Gambian Dalasi Gross Loans Collateral

Against Stage 1 Loans and Advances 969,310 2,567,143

Against Stage 2 Loans and Advances 6,988 1,495,177

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Guaranty Trust Bank (Gambia) Limited Financial Statements December 2021