Page 88 - GTBank Annual Report 2020 eBook

18. Cash and cash equivalent

In thousands of Gambian Dalasi Dec.-2020 Dec.-2019
Cash in hand 220,999 439,369
Balances held with other banks 63,893 502
Unrestricted balances with Central Bank - 14,564
Money market placements 569,737 536,482
Balance as per statement of cash flow 854,629 990,917
Restricted balances with Central Bank of The Gambia 897,492 810,574
Cash and cash equivalent 1,752,121 1,801,491
Cash reserve deposit are mandatory reserve deposits with the Central Bank of The Gambia which are not
available for use in the Bank’s day to day operations.
19. Loans and advances to customers
Dec-2020
Gross Stage
carrying Stage 1 2 Stage 3 Total Carrying
In thousands of
Gambian Dalasi amount ECL ECL ECL impairment amount
Loans and Advances to
individuals 499,346 (12,733) - (6,553) (19,286) 480,060
Loans and Advances to
Non-Individuals 532,124 (9,928) (554) (43,268) (53,751) 478,373

1,031,470 (22,661) (554) (49,821) (73,037) 958,433

Gross carrying amount for contingents and undrawn commitments assessed for impairment totaled
D227.196 million and D36.420 million respectively. The total reported impairment figure includes
D262.94 for contingents and D1.016 million for impaired undrawn commitments.

Dec-2019
Stage
Gross Stage 1 2 Stage 3 Total Carrying

In thousands of Gambian Dalasi amount ECL ECL ECL impairment amount
Loans and Advances to
individuals 389,302 (8,045) - - (8,045)) 381,257
Loans and Advances to Non-
Individuals 734,941 (34,730) - (23,950) (58,680) 676,261

Contingents - (1,407) - - (1,407) (1,407)

1,124,243 (44,182)) - (23,950)) (68,132) 1,056,111

Gross carrying amount for contingents and undrawn commitments assessed for impairment totaled
D340.524 million and D164.581 million respectively. The total reported impairment figure includes
D393.344 for contingents and D1.014 million for impaired undrawn commitments.

In thousands of Gambian Dalasi Dec.-2020 Dec.-2019
Current 480,060 349,997
Non-Current 478,373 706,114 Annual Report 2020

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