ECCB 2014-2015 Annual Report and Statement of Accounts

EASTERN CARIBBEAN CENTRAL BANK

Eastern Caribbean Central Bank Notes to Consolidated Financial Statements March 31, 2015

(expressed in Eastern Caribbean dollars) NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (expressed in Eastern Caribbean dollars) March 31, 2015

3.

3. Financial risk management …continued b) Credit risk …c ontinued 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: 2015 $ 2014 $ As at March 31 Assets Foreign assets Balances with other central banks 13,034,602 5,080,129 Balances with foreign banks 73,225 86,165 Money market instruments and money at call 1,357,560,282 1,175,024,739 Financial assets held for trading 4,495,651 1,388,227 Available-for-sale - foreign investment securities 2,539,942,707 2,287,942,394 3,915,106,467 3,469,521,654 Domestic assets Cash and balances with local banks 2,464,446 2,049,083 Due from local banks 9,572,418 9,569,363 Term deposits 11,022,652 11,533,371 Loans and receivables - participating governments’ securities 100,225,950 103,878,763 Loans and receivables - participating governments’ advances 67,490,727 81,510,157 Accounts receivable 7,063,523 6,710,091 Available-for-sale - domestic investment securities 421,686 421,686 198,261,402 215,672,514 Total on-balance sheet credit risk 4,113,367,869 3,685,194,168 ex os re to cre it ris efore collateral el or ot er cre it e a ce ents it is l ti l t t i ll : axi

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ECCB ANNUAL REPORT 2014/2015