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ECCB ANNUAL REPORT 2016/2017
EASTERN CARIBBEAN CENTRAL BANK
NOTES TO THE FINANCIAL STATEMENTS
(expressed in Eastern Caribbean dollars)
March 31, 2017
Eastern Caribbean Central Bank
Notes to the Financial Statements
March 31, 2017
(expressed in Eastern Caribbean dollars)
3. Financial risk management
…continued
b) Credit risk
…continued
Maximum exposure to credit risk before collateral held or other credit enhancements
Credit risk exposure relating to on-balance sheet assets is as follows:
2017
$
2016
$
As at March 31
Assets
Foreign assets
Balances with other central banks
11,856,639
4,926,288
Balances with foreign banks
52,855
77,071
Money market instruments and money at call
1,616,346,185
1,736,903,431
Financial assets held for trading
139,184
245,988
Available-for-sale - foreign investment securities
2,939,511,859
2,862,778,837
4,567,906,722
4,604,931,615
Domestic assets
Cash and balances with local banks
1,838,469
3,187,985
Due from local banks
21,037,397
-
Term deposits
10,059,690
10,070,538
Loans and receivables -
participating governments’ securities
73,334,339
83,912,190
Loans and receivables -
participating governments’ advances
40,496,304
55,692,292
Accounts receivable
10,022,357
6,644,699
Available-for-sale - domestic investment securities
624,186
421,686
157,412,742
159,929,390
Total on-balance sheet credit risk
4,725,319,464
4,764,861,005