Page 86 - BKT Annual Report 2024 EN

Notes to the Consolidated Financial Statements for the year ended 31 December 2024 Notes to the Consolidated Financial Statements for the year ended 31 December 2024
(amounts in USD, unless otherwise stated) (amounts in USD, unless otherwise stated)

The following table sets out the changes in gross carrying amount of loans to customers at amortised cost. The following table sets out the changes in allowance of loans to customers at amortised cost.
CHANGES IN GROSS CARRYING AMOUNT OF LOANS TO CUSTOMERS AT AMORTISED COST ALLOWANCE OF LOANS TO CUSTOMERS AT AMORTISED COST
31 December 2024 Retail lending Corporate lending
31 December 2023 Retail lending Corporate lending Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total
Balance at 1 January 3,775,053 1,034,225 4,673,639 9,482,917 14,232,028 16,623,829 14,238,977 45,094,834
2024
Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total
Transfer to Stage 1 87,686 (204,333) (61,390) (178,037) 589,794 (537,206) (292,727) (240,139)
(from 2 or 3)
Balance at 1 January 615,100,726 14,363,501 11,047,248 640,511,475 635,022,727 127,455,682 43,193,554 805,671,963 Transfer to Stage 2
2023 (from 1 or 3) (47,006) 198,536 (125,595) 25,935 (119,780) 145,314 (21,905) 3,629
Transfer to Stage 3 (27,316) (134,371) 1,182,122 1,020,435 (141,149) (765,344) 1,626,432 719,939
(from 1 or 2)
New financial assets 827,456 216,861 391,506 1,435,823 4,057,211 994,072 893,889 5,945,172
originated or purchased
Derecognition of financial
Transfer to Stage 1 5,664,683 (4,961,139) (703,544) - 10,751,351 (7,838,949) (2,912,402) - assets (393,654) (76,265) (310,943) (780,862) (1,059,456) (337,750) (1,371,246) (2,768,452)
(from 2 or 3)
Changes due to
modifications that did not (986,151) 219,416 705,218 (61,517) (5,839,684) (4,889,721) 7,967,465 (2,761,940)
result in derecognition
Transfer to Stage 2 (7,395,284) 7,847,918 (452,634) - (15,360,557) 15,873,732 (513,175) -
(from 1 or 3) Write-offs (11) - (1,945,117) (1,945,128) - - (1,457,940) (1,457,940)
Foreign exchange (229,985) (5,232) (98,530) (333,747) (460,317) (850,016) (1,128,412) (2,438,745)
and other changes
Transfer to Stage 3 (1,110,339) (924,858) 2,035,197 - (2,743,833) (1,610,068) 4,353,901 -
(from 1 or 2) Allowance 3,006,072 1,248,837 4,410,910 8,665,819 11,258,647 10,383,178 20,454,533 42,096,358
at 31 December 2024

New financial assets 262,698,759 550,346 823,785 264,072,890 275,961,522 1,455,370 719,408 278,136,300
originated or purchased
The following table sets out the changes in allowance of loans to customers at amortised cost
ALLOWANCE OF LOANS TO CUSTOMERS AT AMORTISED COST
Derecognition of financial (62,735,403) (973,418) (1,255,337) (64,964,158) (67,320,310) (2,359,255) (3,555,372) (73,234,937)
assets 31 December 2023 Retail lending Corporate lending
Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total
Changes due to Balance at 1 January 3,115,930 863,802 4,177,522 8,157,254 18,014,022 17,144,748 14,296,117 49,454,887
modifications that did not (31,147,480) (333,974) (199,965) (31,681,419) (56,153,341) (4,442,421) (1,871,554) (62,467,316) 2023
result in derecognition
Transfer to Stage 1 330,381 (141,526) (275,712) (86,857) 760,478 (265,485) (623,564) (128,571)
(from 2 or 3)
Write-offs (30,189,383) (1,002,638) (1,450,587) (32,642,608) (43,964,031) (15,578,259) (1,071,232) (60,613,522) Transfer to Stage 2 (49,829) 205,795 (103,283) 52,683 (369,153) 426,246 (64,788) (7,695)
(from 1 or 3)
Transfer to Stage 3
Foreign exchange 46,722,498 1,786,994 1,054,770 49,564,262 38,075,466 2,563,892 1,831,533 42,470,891 (from 1 or 2) (9,889) (39,100) 538,531 489,542 (79,893) (91,589) 590,766 419,284
and other changes New financial assets
originated or purchased 1,407,520 33,530 462,325 1,903,375 5,727,311 142,783 252,313 6,122,407
Derecognition of financial
Gross Balance 797,608,777 16,352,732 10,898,933 824,860,442 774,268,994 115,519,724 40,174,661 929,963,379 assets (353,879) (41,561) (537,192) (932,632) (1,289,117) (101,145) (1,244,510) (2,634,772)
at 31 December 2023 Changes due to
modifications that did not (854,407) 46,295 367,347 (440,765) (9,332,484) (703,074) 581,069 (9,454,489)
result in derecognition
The gross carrying amounts include principal and interest. Unamortized deferred fee is not included. Write-offs - - (353,242) (353,242) - - (159,430) (159,430)

Foreign exchange 189,226 106,990 397,343 693,559 800,864 71,345 611,004 1,483,213
and other changes
Allowance 3,775,053 1,034,225 4,673,639 9,482,917 14,232,028 16,623,829 14,238,977 45,094,834
at 31 December 2023

31 BANKA KOMBËTARE TREGTARE