The 2018 comparative figures were presented as financial investments held for trading under the previous standard.

The 2018 comparative figures were presented as available for sale financial investments under the previous standard.
No loss allowance is recognised in the statement of financial position for debt instruments measured at FVTOCI as the carrying amount is at fair value.

The table below shows the credit quality and the maximum exposure to credit risk based on the Bank’s internal credit rating system and year-end stage classification. The balances were classified in stage 1 and 12month ECL was calculated hereon.

The 2018 comparative figures were presented as financial assets held to maturity under the previous standard.

The table below shows the credit quality and the maximum exposure to credit risk based on the Bank’s external rating system and year-end stage classification. The balances were classified in stage 1 and 12-month ECL was calculated hereon. The amounts presented are gross of impairment allowances.

Prior to 2019, these investments were classified as available for sale investment and measured at cost. The investments are expected to be held for the long term for strategic purposes and have been designated at FVTOCI. There was no disposal during the year. No dividend income was recognised on these investments during the year under review (2019 and 2018: Nil).