Page 68 - GTBank Annual Report 2020 eBook

Overdraft - - - -
Others - - - -
- - - -
Net Loans 6,048 871 - 6,919
Amount of
under - collateralization on net
loans - - - -

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-2019 to customers
In thousands of Gambian Dalasi Gross Loans Collateral

Against Stage 1 Loans and Advances 850,023 4,059,374
Against Stage 2 Loans and Advances 129,684 -
Against Stage 3 Loans and Advances 56,740 -
Total 1,036,447 4,059,374

Analysis of credit collateral is further shown below:
Loans and advances
to customers
Gambian Dalasi Term Loans Overdrafts Others Total
Against Stage 1
Loans and Advances:

Property 4,039,645 - - 4,039,645
Equities - - - -
Cash 19,729 19,729
Guarantees - - - -
Negative Pledge - - - -
Treasury Bills - - - -
Total 4,059,374 - - 4,059,374
Against Stages 2 & 3
Loans and Advances:
Property - - - -
Equities - - - -
Treasury bills - -
Cash - - -
Guarantees - - - -
Negative pledge - - - -
Others - - - -
Total - - - -
Grand total 4,059,374 - - -
Annual Report 2020

Guaranty Trust Bank Gambia Limited www.gtbankgambia.com 66