Page 68 - GTBANK GAMBIA ANNUAL REPORT 2021
P. 68
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-2021 to customers
In thousands of Gambian Dalasi Gross Loans Collateral
Against Stage 1 Loans and Advances 969,310 2,567,143
Against Stage 2 Loans and Advances 6,988 1,495,177
Against Stage 3 Loans and Advances 47,023 -
Total 1,023,321 4,062,320
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 2,544,468 - - 2,544,468
Equities - - - -
Cash 22,675 22,675
Guarantees - - - -
Negative Pledge - - - -
Treasury Bills - - - -
Total 2,567,143 - - 2,567,143
Against Stages 2 & 3 Loans and
Advances:
Property 1,495,177 - - 1,495,177
Equities - - - -
Treasury bills - - -
Cash - - -
Guarantees - - - -
Negative pledge - - - -
Others - - - -
Total 4,062,320 - - 4,062,320
Grand total 4,062,320 - - 4,062,320
Annual Report 2021
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