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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
Credit risk exposure relating to off-balance sheet assets is as follows:
2017
$
2016
$
Eastern Caribbean Securities Exchange Limited
undertaking and guarantee
4,874,845
4,874,845
Total credit exposure
4,730,194,309
4,769,735,850
The above table represents a worst case scenario of credit risk exposure as at March 31, 2017 and
2016 without taking account of any collateral held or other credit enhancements attached.
For on-balance sheet assets, the exposures set out above are based on net carrying amounts as
reported in the statement of financial position.