Page 99 - GTBANK GAMBIA ANNUAL REPORT 2021

Loans 187,705 338,327

Overdrafts 43,240 140,046

Others - -

Carrying amount 230,945 478,373

Total carrying amount (individual and non-individual) 964,794 958,433

Allowance for impairment
31-Dec-21 31-Dec-20

D'000 D'000

Balance at the beginning of the year 9,893 28,565

IFRS 9 impact
- -
Impairment loss for the year
Charge for the year

10,258 4,905
Impairment of Contingents 449 263

Recoveries (35,109) (23,840)

Write offs - -

Balance at the end of the year (14,509) 9,893

27 (a). Other liabilities

In thousands of Gambian Dalasi Dec.-2021 Dec.-2020
Liability for defined contribution obligations - -
Deferred income on financial guarantee contracts - -
Creditors and accruals 10,454 19,123
Other Deposits – LC’s / BC’s 70,270 269,762
Other Deposits – Cash Shipment 108,559 2,457
Accrued Expenses 21,915 21,970
FX outflow suspense - -
Sundry Expenses 84,483 29,652
MoneyGram money transfer - 3,905
Annual Report 2021
Deposit for new accounts 124 236

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