Page 121 - 2021 ANNUAL REPORT draft

Capital Adequacy Ratio

The capital adequacy ratio is quotient of the bank’s capital base and its risk-weighted asset base. In
accordance with the Central Bank of The Gambia regulations, a minimum ratio of 10% is to be maintained
by commercial banks.

In thousands of Gambian Dalasi Dec.-2021 Dec.-2020
Tier 1 capital
Ordinary share capital 300,000 300,000
Retained earnings 335,949 225,412
Other reserves 387,924 359,471
Shareholders’ funds 1,023,873 884,883
Add/(Less):
Shareholders’ funds 1,023,873 884,883
Tier 2 capital - -
Total - -
Total regulatory capital 1,023,873 884,883
Risk-weighted assets 2,168,058 2,600,313
Capital ratios
Total regulatory capital expressed as a percentage of
total risk-weighted assets 47% 34%
Total tier 1 capital expressed as a percentage of risk-
weighted assets 47% 34%

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Guaranty Trust Bank (Gambia) Limited Financial Statements December 2021