ECCB 2025-2026 Annual Report

Eastern Caribbean Central Bank Notes to the Financial Statements For the year ended 31 March 2026 (Expressed in Eastern Caribbean dollars)

11. Participating governments’ advances Participating government advances measured at amortised cost

2026 $

2025 $

Operating accounts: - Government of Saint Lucia

66,545,072

65,930,329

-

Interest receivable

263

Total operating accounts

66,545,072

65,930,592

Temporary advances - Government of Antigua and Barbuda

38,818,359 11,928,046

28,815,447 14,624,748

- Government of Saint Vincent and the Grenadines

50,746,405

43,440,195

53,542

Interest receivable

156,436

Total temporary advances

50,799,947

43,596,631

Total participating governments’ advances, gross

117,345,019

109,527,223

Less: allowance for impairment losses

(42,906)

(44,706)

Total participating governments’ advances, net

117,302,113

109,482,517

Current

117,302,113

109,482,517

Amounts due from participating governments for temporary advances and operating account overdraft balances are unsecured and accrued interest at rates 3.0% per annum (2025: 3.0%).

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