Page 152 - ACCESS ANNUAL REPORT 2019

Events a ter the reporting period contin ed
F nding and i idit
he pandemic is expected to impact li uidity ris , exchan e rate ris and interest rate ris aced y the an . he trend o capital ows rom emer in mar ets is expected to exert pressure on the local currency as well as reduce orei n currency li uidity in the economy. he an has a ro ust li uidity mana ement ramewor and contin ency undin plan that uilds in ade uate uffers to support li uidity run off in a stress scenario.
he li uidity ratio o the an as at Decem er 31 was 93 and pro ects that it will remain a ove the internal limit o 0 and the re ulatory limit durin the crisis period. Also the Ban ’s orei n currency open positions is expected to remain within tolera le limits in line with its ris appetite.
Ana sis o ba ance sheet
he Ban has per ormed a line y line analysis o its alance sheet and has done an assessment o whether the current uncertainty may impact any o the amounts presented at 31 Decem er 2019. he Ban has assessed that the coronavirus may affects the usiness o the an ’s orrowin customers. he an has per ormed an analysis and reviewed the port olio and the impact the spread would have on the Ban ’s credit port olio. ana ement has concluded however that the amounts reco nised in the financial statement do not re uired urther ad ustment ut will continue to monitor situation as new in ormation ecomes availa le and ad ustment thereo will e re ected in the appropriate reportin period.
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