Annual Financial Statements 2020
88
ANNEXURE CRISK AND CAPITAL MANAGEMENT CREDIT RISK CONTINUED
MAXIMUM EXPOSURE TO CREDIT RISK BY CREDIT QUALITY
SB 1-12
SB 13 - 20
RISKS
oooo
Credit
Funding and
liquidity
Market
Operational
SB 21-25
Default
Gross
carrying
amount
N$'000
Stage 1
N$'000
Stage 2
N$'000
Stage 1
N$'000
Stage 2
N$'000
Stage 1
N$'000
Stage 2
N$'000
Stage 3
N$'000
Total
gross
carrying
amount
of default
exposures
N$'000
Securities
and
expected
recoveries
on default
exposures
N$'000
on default
exposures
N$'000
STANDARD BANK NAMIBIA LIMITED
Annual financial statements 2020
89
IIS
Balance
sheet ECL
on default
exposures
N$'000
Gross
default
coverage
%
Non-
performing
exposures
%
2020
Loans and advances at amortised cost
PBB
Mortgage loans
Vehicle and asset finance
18 534 089
15 588 435
988 799
1 956 855
1 956 855
1 417 577
Card debtors
12 733 701
2 800 832
158 960
10 545 802
629 200
1 558 699
1 558 699
1 235 616
63 420
37 120
475 858
285 963
Other loans and advances
2 840 596
Personal unsecured lending
1 521 004
2 532 636
140 906
2 369 091
1 432 923
195 441
72 755
72 755
15 763
56 992
21
78
12
3
14 040
4 014
150 118
321 387
4 014
321 387
(9 000)
13 014
324
3
175 198
26 300
119 889
45
11
64 372
Business lending and other
1 319 592
936 168
85 746
23 709
297 678
23 709
297 678
2 810
172 388
847
25 453
20 052
88
2
99 837
42
23
CIB
7 198 938
2 806
6 513 925
352 395
324 409
5 403
5 403
2 903
2 500
Corporate
4 155 265
3 601 468
224 190
324 204
5 403
5 403
2 903
2 500
Sovereign
Bank
Gross carrying amount
Less: total credit impairment on loans and advances
Net carrying amount of loans and advances
measured at amortised cost
Financial investments measured at amortised cost
Sovereign
Gross carrying amount
Less: total ECL for financial investments measured at
amortised cost
Net carrying amount of financial investments
measured at amortised cost
805 245
2 806
795 814
6 625
2 238 428
2 116 643
121 580
205
25 733 027
2 806
22 102 360
352 395
1 313 208
1 962 258
1962 258
1 420 480
63 420
478 358
(801 681)
24 931 346
54 732
54 732
54 732
54 732
54 732
Financial investments at FVOCI
Sovereign
Gross carrying amount
Add: fair value reserve relating to fair value adjustments
(before the ECL balance)
Total financial investment at fair value through OCI
Off-balance sheet exposures
Letters of credit and banker's acceptances
Guarantees
Irrevocable unutilised facilities
1 728 321
1 728 321
1 728 321
1 728 321
(7 686)
1 720 635
25 432
16 613
8 819
1 767 877
1 339 985
380 067
43 363
4 462
4 683 065
4 405 916
140 192
134 402
2 555
Total exposure to off-balance sheet credit risk
6 476 374
5 762 514
529 078
177 765
7 017
(3 900)
6 472 474
ECL for off-balance sheet exposures
Net carrying amount of off-balance sheet exposures
Total exposure to credit risk on financial assets
subject to an ECL
Add the following exposures not subject to ECL:
Cash and balances with the central bank¹
Derivative assets
Other financial investments
33 179 187
1 024 338
372 288
2 435 781
Trading assets
Pledged assets
Other financial assets³
383 240
520 956
203 344
38 119 134
Total exposure to credit risk
1 Balances with central banks are not subjected to ECL considerations due to the rigorous regulatory requirements of these transactions and its link to the
underlying entities ability to operate as a bank. Amount represents deposits placed in currencies as issued by the central banks with which they are stored.
2 Due to historical experience interests in joint ventures are regarded as a low probability of default.
3 Due to the short term nature of these financial assets and historical experience, other amortised cost financial assets are regarded as having a low probability
of default.View entire presentation