Integrated Report 2021

22. Loans and advances to customers measured at fair value through profit or loss

31.12.2021 31.12.2020
Subsidised loans 1,219,027 1,539,848
Total loans and advances to customers measured at fair value through profit a loss 1,219,027 1,539,848

 

The table below presents a comparison of the fair value of subsidised loans with their gross balance sheet value, which would have been recognised if the Bank – in accordance with the requirements of IFRS 9 – did not reclassify these portfolios to fair value through profit or loss.

Gross balance sheet value Fair value
31.12.2021 1,343,402 1,219,027
31.12.2020 1,715,680 1,539,848

Subsidised loans measured through fair value Stage 1 Stage 2 Stage 3 Total
31.12.2021 897,554 244,754 76,719 1,219,027
31.12.2020 1,106,270 311,307 122,271 1,539,848

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