A B C D E F G H I
1
2
 THE GROUP THE BANK
3
 2019 2018 2017 2019 2018 2017
4
 MUR'000 MUR'000 MUR'000 MUR'000 MUR'000 MUR'000
5
 Banks outside Mauritius 6,034,226 5,827,242 3,544,600 6,034,226 5,827,242 3,544,600
6
 Less: allowance for impairment losses (15,178) (58,013) (35,270) (15,178) (58,013) (35,270)
7
 6,019,048 5,769,229 3,509,330 6,019,048 5,769,229 3,509,330
8
9
 All the loans and advances to banks are classified in stage 1 and 12 months ECL calculated thereon
10
 The table below shows the credit quality and the maximum exposure to credit risk based on the Bank's internal credit rating system and year-end stage classification.
11
12
 THE GROUP AND THE BANK
13
 External rating grade Stage 1
14
 MUR'000
15
 Performing:
16
 Credit rating A+ to A- 1,521,469
17
 Credit rating BBB+ to BBB- 2,763,402
18
 Credit rating BB+ to BB- 1,425,850
19
 Credit rating B+ to B- 323,505
20
 Total gross carrying amount 6,034,226
21
 Loss allowance (15,178)
22
 Carrying amount 6,019,048
23
24
 An analysis of changes in the gross carrying amount and the corresponding ECLs is, as follows:
25
 Gross carrying amount THE GROUP AND THE BANK
26
 Stage 1
27
 MUR'000
28
 Gross carrying amount at 01 July 2018 5,827,242
29
 New financial assets originated 3,455,025
30
 Financial assets that have been repaid (2,794,423)
31
 Financial assets that have been derecognised (514,200)
32
 Other movements 60,582
33
 Gross carrying amount at 30 June 2019 6,034,226
34
35
 THE GROUP AND
36
 THE BANK
37
 Allowance for impairment losses Stage 1
38
 MUR'000
39
40
 Loss allowance at 01 July 2018 58,013
41
 - Effect of adopting IFRS 9 (35,258)
42
 Loss allowance as at 01 July 2018 (as restated) 22,755
43
 Financial assets that have been derecognised (4,915)
44
 New financial assets originated 4,748
45
 Financial assets that have been repaid (12,079)
46
 Other movements 4,669
47
 Loss allowance as at 30 June 2019 15,178
48
49
 17(b). LOANS AND ADVANCES TO CUSTOMERS
50
 THE GROUP AND THE BANK
51
 2019 2018 2017
52
 MUR'000 MUR'000 MUR'000
53
54
 Retail and personal 1,460,455 1,147,945 1,164,728
55
 Business 9,434,693 8,933,679 8,490,060
56
 Government and parastatal bodies 992,546 1,160,169 1,199,381
57
 Entities outside Mauritius 12,065,223 12,139,078 14,723,935
58
 Credit cards 109,796 132,324 129,593
59
 Gross core loans and advances to customers 24,062,713 23,513,195 25,707,697
60
 Less: allowance for impairment losses (1,912,517) (1,215,941) (1,704,282)
61
 22,150,196 22,297,254 24,003,415
A B C D E F G H I
1
2
 THE GROUP THE BANK
3
 2019 2018 2017 2019 2018 2017
4
 MUR'000 MUR'000 MUR'000 MUR'000 MUR'000 MUR'000
5
 Banks outside Mauritius 6,034,226 5,827,242 3,544,600 6,034,226 5,827,242 3,544,600
6
 Less: allowance for impairment losses (15,178) (58,013) (35,270) (15,178) (58,013) (35,270)
7
 6,019,048 5,769,229 3,509,330 6,019,048 5,769,229 3,509,330
8
9
 All the loans and advances to banks are classified in stage 1 and 12 months ECL calculated thereon
10
 The table below shows the credit quality and the maximum exposure to credit risk based on the Bank's internal credit rating system and year-end stage classification.
11
12
 THE GROUP AND THE BANK
13
 External rating grade Stage 1
14
 MUR'000
15
 Performing:
16
 Credit rating A+ to A- 1,521,469
17
 Credit rating BBB+ to BBB- 2,763,402
18
 Credit rating BB+ to BB- 1,425,850
19
 Credit rating B+ to B- 323,505
20
 Total gross carrying amount 6,034,226
21
 Loss allowance (15,178)
22
 Carrying amount 6,019,048
23
24
 An analysis of changes in the gross carrying amount and the corresponding ECLs is, as follows:
25
 Gross carrying amount THE GROUP AND THE BANK
26
 Stage 1
27
 MUR'000
28
 Gross carrying amount at 01 July 2018 5,827,242
29
 New financial assets originated 3,455,025
30
 Financial assets that have been repaid (2,794,423)
31
 Financial assets that have been derecognised (514,200)
32
 Other movements 60,582
33
 Gross carrying amount at 30 June 2019 6,034,226
34
35
 THE GROUP AND
36
 THE BANK
37
 Allowance for impairment losses Stage 1
38
 MUR'000
39
40
 Loss allowance at 01 July 2018 58,013
41
 - Effect of adopting IFRS 9 (35,258)
42
 Loss allowance as at 01 July 2018 (as restated) 22,755
43
 Financial assets that have been derecognised (4,915)
44
 New financial assets originated 4,748
45
 Financial assets that have been repaid (12,079)
46
 Other movements 4,669
47
 Loss allowance as at 30 June 2019 15,178
48
49
 17(b). LOANS AND ADVANCES TO CUSTOMERS
50
 THE GROUP AND THE BANK
51
 2019 2018 2017
52
 MUR'000 MUR'000 MUR'000
53
54
 Retail and personal 1,460,455 1,147,945 1,164,728
55
 Business 9,434,693 8,933,679 8,490,060
56
 Government and parastatal bodies 992,546 1,160,169 1,199,381
57
 Entities outside Mauritius 12,065,223 12,139,078 14,723,935
58
 Credit cards 109,796 132,324 129,593
59
 Gross core loans and advances to customers 24,062,713 23,513,195 25,707,697
60
 Less: allowance for impairment losses (1,912,517) (1,215,941) (1,704,282)
61
 22,150,196 22,297,254 24,003,415
A B C D E F G H I
1
2
 THE GROUP THE BANK
3
 2019 2018 2017 2019 2018 2017
4
 MUR'000 MUR'000 MUR'000 MUR'000 MUR'000 MUR'000
5
 Banks outside Mauritius 6,034,226 5,827,242 3,544,600 6,034,226 5,827,242 3,544,600
6
 Less: allowance for impairment losses (15,178) (58,013) (35,270) (15,178) (58,013) (35,270)
7
 6,019,048 5,769,229 3,509,330 6,019,048 5,769,229 3,509,330
8
9
 All the loans and advances to banks are classified in stage 1 and 12 months ECL calculated thereon
10
 The table below shows the credit quality and the maximum exposure to credit risk based on the Bank's internal credit rating system and year-end stage classification.
11
12
 THE GROUP AND THE BANK
13
 External rating grade Stage 1
14
 MUR'000
15
 Performing:
16
 Credit rating A+ to A- 1,521,469
17
 Credit rating BBB+ to BBB- 2,763,402
18
 Credit rating BB+ to BB- 1,425,850
19
 Credit rating B+ to B- 323,505
20
 Total gross carrying amount 6,034,226
21
 Loss allowance (15,178)
22
 Carrying amount 6,019,048
23
24
 An analysis of changes in the gross carrying amount and the corresponding ECLs is, as follows:
25
 Gross carrying amount THE GROUP AND THE BANK
26
 Stage 1
27
 MUR'000
28
 Gross carrying amount at 01 July 2018 5,827,242
29
 New financial assets originated 3,455,025
30
 Financial assets that have been repaid (2,794,423)
31
 Financial assets that have been derecognised (514,200)
32
 Other movements 60,582
33
 Gross carrying amount at 30 June 2019 6,034,226
34
35
 THE GROUP AND
36
 THE BANK
37
 Allowance for impairment losses Stage 1
38
 MUR'000
39
40
 Loss allowance at 01 July 2018 58,013
41
 - Effect of adopting IFRS 9 (35,258)
42
 Loss allowance as at 01 July 2018 (as restated) 22,755
43
 Financial assets that have been derecognised (4,915)
44
 New financial assets originated 4,748
45
 Financial assets that have been repaid (12,079)
46
 Other movements 4,669
47
 Loss allowance as at 30 June 2019 15,178
48
49
 17(b). LOANS AND ADVANCES TO CUSTOMERS
50
 THE GROUP AND THE BANK
51
 2019 2018 2017
52
 MUR'000 MUR'000 MUR'000
53
54
 Retail and personal 1,460,455 1,147,945 1,164,728
55
 Business 9,434,693 8,933,679 8,490,060
56
 Government and parastatal bodies 992,546 1,160,169 1,199,381
57
 Entities outside Mauritius 12,065,223 12,139,078 14,723,935
58
 Credit cards 109,796 132,324 129,593
59
 Gross core loans and advances to customers 24,062,713 23,513,195 25,707,697
60
 Less: allowance for impairment losses (1,912,517) (1,215,941) (1,704,282)
61
 22,150,196 22,297,254 24,003,415