ECCB 2017-2018 Annual Report and Statement of Accounts

104 ECCB ANNUAL REPORT 2017/2018 Eastern Caribbean Central Bank Notes to the Financial Statements March 31, 2018 (expressed in Eastern Caribbean dollars) (expressed in Eastern Caribbean dollars) 3. Financial risk management …continued b) Credit risk …continued

EASTERN CARIBBEAN CENTRAL BANK NOTES TO THE FINANCIAL STATEMENTS

March 31, 2018

Maximum exposure to credit risk before collateral held or other credit enhancements Credit risk exposure relating to on-balance sheet assets is as follows: 2018 $ 2017 $ As at March 31 Assets Foreign assets Balances with other central banks 6,223,088 11,856,639 Balances with foreign banks 64,548 52,855 Money market instruments and money at call 1,508,844,830 1,616,346,185 Financial assets held for trading 656,871 139,184 Available-for-sale - foreign investment securities 3,157,667,399 2,939,511,859 4,673,456,736 4,567,906,722 Domestic assets Cash and balances with local banks 3,221,502 1,838,469 Due from local banks - 21,037,397 Term deposits 7,748,428 10,059,690 Loans and receivables - participating governments’ securities 83,189,928 73,334,339 Loans and receivables - participating governments’ advances 43,330,371 40,496,304 Accounts receivable 12,848,670 10,022,357 Available-for-sale - domestic investment securities 624,186 624,186 150,963,085 157,412,742 Total on-balance sheet credit risk 4,824,419,821 4,725,319,464