Annual Financial Statements 2020
22
42
ANNUAL FINANCIAL STATEMENTS NOTES TO THE ANNUAL FINANCIAL STATEMENTS CONTINUED
STANDARD BANK NAMIBIA LIMITED
Annual financial statements 2020
43
6.
Loans and advances continued
6.3
Reconciliation of ECL for loans and advances measured at amortised cost continued
A reconciliation of the ECL for loans and advances, by product:
Opening
ECL
1 January
2020
N$'000
Transfer
Stage 1
(to)/
from
Transfer
Stage 2
(to)/
from
Transfer
Stage 3
(to)/
from
Total
transfers
between
stages
N$'000
Net ECL
raised/
(released) written off
N$'000 N$'000
Impaired
accounts
Exchange
and other 31 December
movements
N$'000
2020
N$'000
Closing
ECL
Transfer
Stage 1
(to)/
Transfer
Stage 2
(to)/
from
from
6.
Loans and advances continued
6.3
Reconciliation of ECL for loans and advances measured at amortised cost continued
Opening ECL
1 January
2019
N$'000
Exchange
Total
from
Transfer transfers
between
Stage 3
(to)/
stages
N$'000
Net ECL
raised/
(released)
N$'000
Impaired
accounts
written off
N$'000
Closing
ECL
and other 31 December
movements
N$'000
2019
N$'000
Mortgage
loans¹
179 665
Mortgage
loans¹
(12 266)
4 045
8 221
148 550
(8 012)
(43 018)
277 185
277 185
(10 535)
7 477
3 058
95 479
(15 821)
40 966
397 809
Stage 1
16 929
4 848
Stage 1
18 382
5 951
4 584
10 535
(3 305)
Stage 2
38 461
(5 951)
(1 526)
(7 477)
23 905
(2508)
(3 267)
23 104
51 622
Stage 2
51 712
(4848)
7 418
803
12 266
(4045)
(10 813)
(9 207)
18 382
1
38 461
Stage 3
Stage 3
(including IIS)
111 024
(7 418)
(803)
(8 221)
168 570
(8 012)
(43 019)
220 342
(including IIS)
220 342
(4 584)
1 526
(3 058)
74 879
(15 821)
46 741
323 083
Vehicle and
asset finance
95 765
(11 157)
6 368
4 789
38 859
(34 042)
100 582
Vehicle and
asset finance
100 582
(15 763)
3 876
11 887
38 824
(22 559)
(1)
116 846
Stage 1
10 838
5 429
5 728
Stage 1
9 424
2 922
Stage 2
38 703
(2 922)
12 841
(954)
15 763
(3 876)
(15 640)
(1)
9 546
15 482
50 309
Stage 2
Stage 3
(including IIS)
37 355
(5 429)
(939)
11 157
(6 368)
(12 571)
9 424
7 716
38 703
47 572
(5 728)
939
(4 789)
43 714
(34 042)
52 455
Stage 3
(including IIS)
52 455
(12 841)
954
(11 887)
38 982
(22 559)
56 991
Card debtors
12 971
(2612)
1 363
1 249
3 987
(6 116)
10 842
10 842
Card debtors
(583)
530
53
16 220
(8 463)
18 599
Stage 1
1 735
1 522
1 090
2 612
(2 890)
1 457
Stage 2
7 433
(1522)
159
(1 363)
273
6 343
Stage 1
1 457
401
182
Stage 2
6 343
(401)
(129)
583
(530)
(398)
1 642
Stage 3
(1 870)
3 943
(including IIS)
3 803
(1 090)
(159)
(1249)
6 604
(6 116)
3 042
Stage 3
(including IIS)
3 042
(182)
129
(53)
18 488
(8 463)
Corporate
20 795
174
(18)
13 014
(156)
(1 839)
3 199
22 155
Stage 1
16 506
(174)
(174)
2 667
3 199
22 198
22 155
602
(602)
9 358
270
31 783
Corporate
Stage 2
3 120
174
(156)
18
(3 315)
Stage 1
22 198
(602)
(602)
(3 773)
(3 560)
14 263
Stage 3
Stage 2
(177)
602
602
10 765
3 830
15 020
(including IIS)
1 169
156
156
(1 191)
(177)
134
Stage 3
Sovereign
2 564
(2 564)
(including IIS)
134
2 366
2 500
Stage 1
2 050
(2 050)
19
19
Sovereign
Stage 2
514
(514)
Stage 1
Stage 2
3
16
3
Stage 3
16
(including IIS)
Stage 3
Bank
(967)
(including IIS)
Stage 1
(967)
(696)
(1 512)
6 040
3 832
Bank
Stage 1
(695)
(2042)
6 493
3 756
Stage 2
Stage 3
271
272
(1)
(696)
(695)
Stage 2
(1)
530
(453)
76
(including IIS)
Stage 3
Other loans
(including IIS)
and advances²
155 942
(15 413)
12 240
3 173
Other loans
Stage 1
188 531
and advances²
(3 209)
4 152
(943)
126 003
(69 056)
(12 686)
232 792
Stage 2
41 247
57 572
12 149
Stage 1
37 642
1 907
1 302
3 209
322
70
41 243
Stage 3
Stage 2
58 504
(1 907)
(2 245)
(4 152)
(8 488)
45 864
(including IIS)
57 123
(12 149)
(3264)
3 264
(91)
15 413
(12 240)
86 600
(19 018)
13 172
(77 605)
23 594
188 531
37 642
58 504
91
(3 173)
92 446
Stage 3
(including IIS)
92 385
(1 302)
2 245
943
134 169
Total³
598 599
(29 488)
15 433
14 055
284 391
(69 056)
(115 899)
(12 756)
145 685
Total³
466 735
(41 274)
23 998
17 276
273 864
(77 605)
(125 775)
23 594
92 385
(16 225)
598 599
34 589
801 680
1 Comprises residential and commercial property loans.
2 Comprises personal unsecured lending and business and other lending.
3 "Corporate", "Sovereign" and "Bank" categories relate to ECL on CIB loans and advances, while the remaining categories relate to ECL on PBB loans and advances.
1 Comprises residential and commercial property loans..
2 Comprises personal unsecured lending and business and
3 "Corporate", "Sovereign" and "Bank" categories relate to
other lending.
ECL on CIB loans and advances, while the remaining categories relate to ECL on
PBB loaView entire presentation