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' Advances at Amortised Cost Standard grade

152,257,816

-

-

-

152,257,816

Gross carrying amount

152,257,816

-

-

-

152,257,816

Loss allowance

(56,006)

-

-

-

(56,006)

Carrying amount

152,201,810

-

-

-

152,201,810

2022

Purchased Credit Impaired

Stage 1 Stage 2 Stage 3

Total

$

$

$

$

$

Participating Governments' Advances at Amortised Cost Standard grade

91,093,064

-

-

-

91,093,064

Gross carrying amount

91,093,064

-

-

-

91,093,064

Loss allowance

(75,782)

-

-

-

(75,782)

Carrying amount

91,017,282

-

-

-

91,017,282

49