ABCDEFGHI
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THE GROUPTHE BANK
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202020192018202020192018
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MUR'000MUR'000MUR'000MUR'000MUR'000MUR'000
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4(b)INTEREST EXPENSE
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Interest expense on financial instruments measured at amortised cost:
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- Due to banks67,30942,39021,70267,26542,39021,702
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- Deposits from banks603--603--
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- Deposits from customers1,006,402787,711612,1951,006,402787,711612,195
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- Subordinated debts issued6,67128,17361,6686,67128,17361,668
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- Lease liabilities4,845--4,845--
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- Loan notes-1333,826---
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Total interest expense1,085,830858,407699,3911,085,786858,274695,565
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NET INTEREST INCOME2,028,1982,310,6151,706,3212,028,2422,310,7731,709,991