Strategic Report Strategic Report Strategic Report Financial Additional Overview Strategy Performance Governance Statements Information 27. Risk Management continued Credit risk continued As at 31 December 2018 Consumer loans at amortised cost Stage 1 Stage 2 Stage 3 POCI Total High grade 749,583 2,731 – 109 752,423 Standard grade 299,181 4,100 – – 303,281 Low grade 483,340 93,786 – 194 577,320 Not rated 117,976 529 76 – 118,581 Defaulted Non-performing – – 38,831 214 39,045 Other – – 82,284 3,954 86,238 Balance at 31 December 2018 1,650,080 101,146 121,191 4,471 1,876,888 As at 31 December 2018 Micro and SME loans at amortised cost Stage 1 Stage 2 Stage 3 POCI Total High grade 1,024,192 7,449 – – 1,031,641 Standard grade 347,357 10,016 – – 357,373 Low grade 240,321 45,920 – 5 286,246 Not rated 302,094 21,926 – 5 324,025 Defaulted Non-performing – – 80,244 1,979 82,223 Other – – 47,461 246 47,707 Balance at 31 December 2018 1,913,964 85,311 127,705 2,235 2,129,215 As at 31 December 2018 Residential mortgage loans at amortised cost Stage 1 Stage 2 Stage 3 POCI Total High grade 1,691,375 18,777 – 311 1,710,463 Standard grade 290,796 7,038 – – 297,834 Low grade 319,076 60,994 – 533 380,603 Not rated 49,960 – – – 49,960 Defaulted Non-performing – – 23,239 3,455 26,694 Other – – 65,010 18,889 83,899 Balance at 31 December 2018 2,351,207 86,809 88,249 23,188 2,549,453 Annual Report 2018Bank of Georgia Group PLC 259