Page 46 - Agib Bank Limited Annual Report 2021
P. 46
Year
Ended
Dec-21
Stage 1 Stage 2 Stage 3
Islamic Finance to 12-month ECL Lifetime ECL Lifetime ECL Total
customers at amortised cost
D'000 D'000 D'000 D'000
Grades 1-3: Low to fair risk 2,042,545 8,350 2,050,895
Grades 4-6 Monitoring - - 68,547 68,547
Grades 7-8: Substandard - -
8,958 8,958
Grade 9: Doubtful - - 40,763 40,763
Grade 10: Impaired - - 67,114
67,114
Total gross carrying amount 2,042,545 8,350 185,382 2,236,277
Loss allowance (28,613) (835) (26,695) (56,143)
Total net carrying amount 2,013,932 7,515 158,687 2,180,134
Dec-20
Stage 1 Stage 2 Stage 3
Islamic Finance to 12-month ECL Lifetime ECL Lifetime ECL Total
customers at amortised cost
D'000 D'000 D'000 D'000
Grades 1-3: Low to fair risk 817,963 213,087 1,031,050
Grades 4-6 Monitoring - - 95,003 95,003
Grades 7-8: Substandard - -
28,724 28,724
Grade 9: Doubtful - - 12,909 12,909
Grade 10: Impaired - - 20,314
20,314
Total gross carrying amount 817,963 213,087 156,950 1,188,000
Loss allowance (13,718) (8,723) (6,149) (28,590)
Total net carrying amount 804,245 204,364 150,801 1,159,410
Annual Report and IFRS Financial Statements
Agib Bank Annual Report 2021 www.agib.gm 46
