Page 108 - RB GRENADA ANNUAL REPORT 2025_ONLINE

108 • Republic Bank (Grenada) Limited 2025 Annual Report • FINANCIALS

Notes to the Financial Statements

For the year ended September 30, 2025. Expressed in Thousands of Eastern Caribbean dollars ($’000), except where otherwise stated.

4 Advances
a Advances

Commercial
and
Retail corporate Credit
2025 lending lending Mortgages Overdrafts cards Total

Performing advances 97,033 180,501 817,368 22,258 20,354 1,137,514
Non-performing advances 6,670 34,604 39,599 1,441 4,700 87,014

103,703 215,105 856,967 23,699 25,054 1,224,528
Accrued interest 98 1,123 1,618 90 – 2,929

103,801 216,228 858,585 23,789 25,054 1,227,457
Allowance for ECLs – Note 4 (b) (3,053) (21,296) (7,789) (279) (6,927) (39,344)

100,748 194,932 850,796 23,510 18,127 1,188,113

Unearned loan origination fees (1,396) (1,288) (4,060) – – (6,744)

Net advances 99,352 193,644 846,736 23,510 18,127 1,181,369

2024

Performing advances 87,576 177,183 767,476 25,396 19,957 1,077,588
Non-performing advances 10,090 2,064 33,224 – 3,624 49,002

97,666 179,247 800,700 25,396 23,581 1,126,590
Accrued interest 175 1,484 2,485 94 – 4,238

97,841 180,731 803,185 25,490 23,581 1,130,828
Allowance for ECLs – Note 4 (b) (3,047) (2,361) (4,424) (230) (5,049) (15,111)

94,794 178,370 798,761 25,260 18,532 1,115,717

Unearned loan origination fees (1,123) (1,239) (3,327) – – (5,689)

Net advances 93,671 177,131 795,434 25,260 18,532 1,110,028