Page 140 - 2021 ANNUAL REPORT draft

Loans (44,236) (49,051)

Overdrafts - (4,700)

Others1 - -

Total impairment (44,236)) (53,751)
Loans 187,705 338,327

Overdrafts 43,240 140,046

Others - -

Carrying amount 230,945 478,373

Total carrying amount (individual and non-individual) 964,794 958,433

Allowance for impairment
31-Dec-21 31-Dec-20
D'000 D'000
Balance at the beginning of the year 9,893 28,565
IFRS 9 impact - -
Impairment loss for the year
Charge for the year 10,258 4,905
Impairment of Contingents 449 263
Recoveries (35,109) (23,840)
Write offs - -
Balance at the end of the year (14,509) 9,893

27 (a). Other liabilities

In thousands of Gambian Dalasi Dec.-2021 Dec.-2020
Liability for defined contribution obligations - -

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Guaranty Trust Bank (Gambia) Limited Financial Statements December 2021