ECCB 2022-2023 Annual Report and Financial Statements

Eastern Caribbean Central Bank Notes to the Financial Statements For the year ended 31 March 2023 (Expressed in Eastern Caribbean dollars)

3. Financial risk management (continued)

b) Credit risk (continued)

(ii) Credit quality analysis (continued)

2023

Purchased Credit Impaired

Stage 1 Stage 2 Stage 3

Total

$

$

$

$

$

Participating Governments' Securities at Amortised Cost Standard grade

226,075,491

-

-

-

226,075,491

Gross carrying amount

226,075,491

-

-

-

226,075,491

Loss allowance

(472,818)

-

-

-

(472,818)

Carrying amount

225,602,673

-

-

-

225,602,673

2022

Purchased Credit Impaired

Stage 1 Stage 2 Stage 3

Total

$

$

$

$

$

Participating Governments' Securities at Amortised Cost

Standard grade

217,331,211

-

-

-

217,331,211

Gross carrying amount

217,331,211

-

-

-

217,331,211

Loss allowance

(496,319)

-

-

-

(496,319)

Carrying amount

216,834,892

-

-

-

216,834,892

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