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