Page 81 - GTBank Annual Report 2020 eBook

6. Financial assets and liabilities
Accounting classification measurement basis and fair values

Dec-2020
Carrying Fair
amount Value
Other
Held at financial
at assets / Level
Amortized FVOCI liabilities Total Level 1 Level 2 3 Total

In thousands at
of Gambian amortized carrying Fair
Dalasi cost cost amount value
Loans and
advances to
banks - - - - - - -
Loans and
advances to
customers 958,433 - - 958,433 958,433 - - 958,433

Debt
instruments:

– FVOCI - 3,944,897 - 3,944,897 3,944,897 - - 3,944,897
– Amortized
cost - - - - - - -

Other assets 598,256 - - 598,256 - - - -

1,556,689 3,944,897 - 5,501,586 4,903,330 - - 4,903,330

Deposits
from banks - - - - - - - -
Deposits
from
customers - - 6,994,743 6,994,743 6,994,743 - - 6,994,743
Other
borrowed
funds - - - - - - - -
Other
liabilities - - 403,819 403,819 - 403,819 - 403,819

- - 7,398,562 7,398,562 6,994,743 403,819 - 7,398,562

Annual Report 2020

Guaranty Trust Bank Gambia Limited www.gtbankgambia.com 79