Page 74 - Ecobank Gambia Annual Report 2020

Financial Statements & Annual Report

Notes to the Financial Statements

for the year ended 31 December 2020 (in Thousands of Gambian Dalasis)

As At End of 2020

Up to 1 1-3 3-12 1-5 Over 5 Non-interest Total
month months months years years bearing

Assets

Cash and balances with central banks - - - - - 2,465,197 2,465,197

Financial assets held for trading - - - - - - -

Derivative financial instruments - - - - - - -

Loans and advances to banks 2,520,045 870,739 - - - - 3,390,783

Loans and advances to customers 239,580 175,408 201,452 419,800 59,754 - 1,095,995

Treasury bills and other eligible bills - 1,143,911 1,652,955 - - - 2,796,866

Investment securities - available-for-sale - 250,201 100,000 591,382 - - 941,583

Pledged assets - - - - - - -

Other assets 2 7,702 - -450 - - 18,318 45,570

Total financial assets 2,787,327 2 ,440,258 1,953,957 1,011,182 59,754 2,544,908 10,797,386

Liabilities 165,404 - - - - - 165,404
Deposits from banks 7,955,426 - - 8,987,134
Due to customers 1,153 1,030,555 - - - -
Derivative financial instruments - - - 26,326
Borrowed funds - - - - - - 427,403
Other liabilities 396,258 - 10,547 9,599,284
Total financial liabilities 8,520,653 - - 26,326

3,114 13,222 14,808

4,268 1,043,777 41,134

Total interest repricing gap - 5,733,326 2,435,990 910,180 970,049 59,754 - -

As At End of 2019

Cash and balances with central banks - - - - - 2,278,954 2,278,954
- -
Financial assets held for trading - - - - - - -
- 2,281,073
Derivative financial instruments - - - - - - 1,680,902
- 2,141,081
Loans and advances to banks 8 67,393 - 1,413,196 - 4 83

Loans and advances to customers 651,705 136,386 205,538 661,104 26,170

Treasury bills and other eligible bills - 24,199 - 2,116,883 -

72 Ecobank Gambia Annual Report 2020 www.ecobank.com