ECCB 2023-2024 Annual Report
Eastern Caribbean Central Bank Notes to the Financial Statements For the year ended 31 March 2024 (Expressed in Eastern Caribbean dollars) 3. Financial risk management (continued) b) Credit risk (continued) (ii) Credit quality analysis (continued)
Participating Governments’ Advances at Amortised Cost
2024
Purchased Credit-Impaired
Stage 1 Stage 2 Stage 3
Total
$
$
$
$
$
Participating Governments' Advances at Amortised Cost Standard grade
61,997,897
-
-
-
61,997,897
Gross carrying amount
61,997,897
-
-
-
61,997,897
Loss allowance
(51,452)
-
-
-
(51,452)
Carrying amount
61,946,445
-
-
-
61,946,445
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
49
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