Page 74 - GTBank Annual Report 2020 eBook

The principal tool used to measure and control The bank traded in the following financial
market risk exposure within the Bank's trading instruments in the course of the year:
portfolios is the open position limits using the
Earning-at Risk approach. Specific limits 1. Debt instruments at fair value through other
(regulatory and in- house) have been set across comprehensive income
the various trading portfolios to prevent undue 2. Debt instrument at amortised cost
exposure and the market risk management Bank
ensures that these limits and triggers are 3. Foreign currencies (Spot and Swaps)
adhered to by the bank.
4. Money market products
The Bank has adopted the use of the Standardized Approach for calculating its required market risk
capital.

Dec-2020
Less More
Carrying than 3 to 6 6 to 12 1 to 5 than
In thousands of Gambian
Dalasi amount 3 months months months years 5 years
Financial assets

Cash and cash equivalents 1,752,121 1,752,121 - - - -
Financial assets held for
trading - - - - - -

Derivative financial assets - - - - - -
Debt instruments Debt
instruments:

– FVOCI 3,944,897 - 38,520 3,906,377 - -

– Amortized cost 704,723 - - - 704,723 -

Assets pledged as collateral - - - - - -

Loans and advances to banks - - - - - -
Loans and advances to
customers 958,433 22,217 40,587 48,834 494,318 352,477
Restricted deposits and other
assets 5,296 5,296

7,365,470 1,779,634 79,107 3,955,211 1,199,041 352,477
Financial liabilities

Deposits from banks - - - - - -

Deposits from customers 6,994,743 2,579,631 282,904 4,132,208 - -
Financial liabilities held for
trading - - - - - -

Derivative financial liabilities - - - - - -

Other liabilities 403,819 - - 403,819 - -

Debt securities issued - - - - - - Annual Report 2020

Guaranty Trust Bank Gambia Limited www.gtbankgambia.com 72