Page 67 - Ecobank Gambia Annual Report 2020
P. 67
The bank monitors concentrations of credit risk by sector. An analysis of concentrations of credit risk at the reporting
date is shown below:
Loans & Advances to Customers Investment Securities
Note 2020 2019 2020 2019
D’000 D’000 D’000 D’000
Carrying Amount 19 1,113,421 1,685,267 2,823,222 2,707,108
Concentration by Sector:
Agricultural 247,934 194,702
Manufacturing 0
Service industry 129,580 313,908
Trade 69,709 663,931
Construction 328,203 2,979
Tourism 4,072
Transportation 26,774 30,162
Other 311,221 475,513
1,113,421 1,685,267 2,823,222 2,707,108
(c) Liquidity risk
Liquidity risk is the risk that the Bank is unable to meet its payment obligations associated with its financial liabilities
when they fall due and be able to replace funds when they are withdrawn. The consequence may be the failure to meet
obligations to repay depositors and fulfil commitments to lend.
The table below presents the cash flows payable under non-derivative financial liabilities and assets held for managing
liquidity risk by remaining contractual maturities at the reporting date. The amounts disclosed in the table are the
contractual undiscounted cash flows, whereas the Bank manages the inherent liquidity risk based on expected
undiscounted cash inflows.
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