| THE GROUP AND THE BANK | ||||||
|---|---|---|---|---|---|---|
| 2020 | ||||||
| Stage 1 | Stage 2 | Stage 3 | ||||
| Allowance for impairment losses | 12-months ECL | Lifetime ECL | Lifetime ECL | Total | ||
| MUR'000 | MUR'000 | MUR'000 | MUR'000 | |||
| Loss allowance as at 01 July | 120,351 | 226,360 | 1,565,806 | 1,912,517 | ||
| Changes in the loss allowance | ||||||
| Transfer to stage 1 | 4,028 | (440) | (3,588) | - | ||
| Transfer to stage 2 | (2,115) | 3,952 | (1,837) | - | ||
| Transfer to stage 3 | (702) | (76,060) | 76,762 | - | ||
| Financial assets that have been derecognised | - | (139,932) | - | (139,932) | ||
| Write-offs | - | - | (506,314) | (506,314) | ||
| Net remeasurement of loss allowance | (3,965) | 2,909 | 888,644 | 887,588 | ||
| New financial assets originated | 38,284 | 2,976 | 44,003 | 85,263 | ||
| Financial assets that have been repaid | (38,741) | (392) | (78,051) | (117,184) | ||
| Other movements | 34,626 | (3,628) | 236,947 | 267,945 | ||
| Loss allowance as at 30 June | 151,766 | 15,745 | 2,222,372 | 2,389,883 | ||