Page 133 - RB GRENADA ANNUAL REPORT 2025_ONLINE

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Notes to the Financial Statements

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

18 Risk management (continued)
18.2 Credit risk (continued)
18.2.7 Analysis of Gross carrying amount and corresponding ECLs are as follows: (continued)
Advances (continued)

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

Stage 2
Gross loans 615 19,941 118,466 2,783 2,137 143,942
ECL (10) (54) (2,253) (98) (377) (2,792)

605 19,887 1156,213 2,685 1,760 141,150

ECL as a % of Gross loans 1.6 0.3 1.9 3.5 17.6 2.0

2024

Stage 2
Gross loans 822 51,553 94,750 3,550 1,246 151,921
ECL (7) (312) (1,775) (81) (111) (2,286)

815 51,241 92,975 3,469 1,135 149,635

ECL as a % of Gross loans 0.9 0.6 1.9 2.3 8.9 1.5

The increase in ECLs of Stage 2 portfolio was driven by increased credit risk.

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

Stage 3
Gross loans 6,670 34,604 39,599 1,441 4,700 87,014
ECL (2,946) (20,800) (4,337) – (4,449) (32,532)

3,724 13,804 35,262 – 251 54,482

ECL as a % of Gross loans 44.2 60.1 11.0 1,441 94.6 37.4

2024

Stage 3
Gross loans 10,090 2,064 33,224 – 3,624 49,002
ECL (3,002) (1,543) (1,798) – (3,484) (9,827)

7,088 521 31,426 – 140 39,175

ECL as a % of Gross loans 29.8 74.8 5.4 – 96.0 20.1