Page 45 - Agib Bank Limited Annual Report 2021
P. 45
An analysis of the Bank’s credit risk concentrations per class of financial asset is provided in the following tables.
Unless specifically indicated, for financial assets, the amounts in the table represent gross carrying amounts. For
loan commitments and financial guarantee contracts, the amounts in the table represent the amounts committed
or guaranteed, respectively.
Islamic Finance to customers at amortised cost
Concentration by sector Dec-21 Dec-20
D'000 D'000
Agriculture 1,176,708 250,269
Fishing - -
Building and Construction 356,822 416,323
Financial Institution 24,280 23,142
Distributive Trade 285,593 268,737
Tourism - 7,000
Other Commercial 336,731 193,939
2,180,134 1,159,410
Dec 21 Dec -20
Off balance sheet D'000 D'000
Concentration by sector
Retail:
Mortgages - -
Unsecured lending - -
Corporate:
Commercial 793,059 890,135
Real estate - -
Energy - -
Leisure and services - -
Other - -
Total 793,059 890,135
An analysis of the Bank’s credit risk exposure per class of financial asset, internal rating and “stage” without
taking into account the effects of any collateral or other credit enhancements is provided in the following tables.
Unless specifically indicated, for financial assets, the amounts in the table represent gross carrying amounts. For
loan commitments and financial guarantee contracts, the amounts in the table represent the amounts committed
or guaranteed, respectively
Annual Report and IFRS Financial Statements
Agib Bank Annual Report 2021 www.agib.gm 45
