Notes to Consolidated Financial Statements continued Thousands of Georgian Lari 27. Risk Management continued Credit risk continued Neither past due nor impaired Past due or High Standard Sub-standard individually 31 December 2016 Notes grade grade grade impaired Total Amounts due from credit institutions 8 1,049,889 5,094 – – 1,054,983 Debt investment securities available for sale 9 1,284,555 – – – 1,284,555 Loans to customers: 10 Commercial loans 1,617,466 588,526 17,814 475,700 2,699,506 Consumer loans 1,243,553 21,520 23,740 78,415 1,367,228 Micro and SME loans 1,225,610 113,565 37,761 117,001 1,493,937 Residential mortgage loans 1,134,266 49,285 15,052 35,573 1,234,176 Gold – pawn loans 56,977 – – 3,708 60,685 5,277,872 772,896 94,367 710,397 6,855,532 Finance lease receivables 10 28,756 9,925 3,089 6,497 48,267 Total 7,641,072 787,915 97,456 716,894 9,243,337 Prior to transition to IFRS 9, the credit risk assessment policy for non-past due and individually non-impaired financial assets was determined by the Group as follows: •A financial asset that is neither past due nor impaired at the reporting date, but historically used to be past due no more than 30 days is assessed as a financial asset with High Grade. •A financial asset that is neither past due nor impaired at the reporting date, but historically used to be past due more than 30 but less than 60 days is assessed as a financial asset with Standard Grade. •A financial asset that is neither past due nor impaired at the reporting date, but historically used to be past due more than 60 days or the borrower of this loan has at least an additional borrowing in past due more than 60 days as at the reporting date is assessed as a financial asset with Sub-Standard Grade. Ageing analysis of past due but not impaired loans per class of financial assets Less than 31 to 61 to More than 31 December 2017 30 days 60 days 90 days 90 days Total Loans to customers: Consumer loans 42,625 15,044 12,321 28,907 98,897 Micro and SME loans 7,486 8,822 4,777 19,288 40,373 Residential mortgage loans 14,446 4,969 2,144 7,903 29,462 Commercial loans 1,487 452 208 227 2,374 Finance lease receivables 2,499 227 – 74 2,800 Total 68,543 29,514 19,450 56,399 173,906 262 Annual Report 2018Bank of Georgia Group PLC