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)

The following tables break down the Bank’s main credit exposure at the carrying amounts, as categorised by geographical regions as of 31 March 2023 and 31 March 2022. In these tables, the Bank has allocated exposure to regions based on the country of domicile of the counterparties.

Geographical concentration of financial assets

Eastern Caribbean Currency Union $

United States of America and Canada $

Europe and other territories $

Regional states $

Total $

As of 31 March 2023

Balances with other central banks Balances with foreign banks

- - -

1,017,358 1,020,689

264,346

16,532,299

17,814,003 1,020,689

-

-

Money market instruments and money at call

471,491,035

653,701,874 601,024,882

- 1,125,192,909 - 3,990,588,778

Foreign investment securities

- 3,389,563,896

Cash and balances with local banks Participating governments’ securities Participating governments’ advances

1,150,207

- - - - -

- - - - -

- - - -

1,150,207

225,602,673 152,201,810

225,602,673 152,201,810

Accounts receivable

3,995,102

3,995,102

Domestic investment securities

202,500

421,686

624,186

383,152,292 3,863,092,978 1,254,991,102

16,953,985 5,518,190,357

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