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Equipment, leases and leasehold improvements, net
12 Months Ended
Dec. 31, 2024
Disclosure of detailed information about property, plant and equipment [abstract]  
Equipment, leases and leasehold improvements, net
The following table provides a summary of the items included in equipment, leases and leasehold improvements:
December 31,
20242023
Equipment and leasehold improvements, net4,509 4,041 
Leases15,167 12,753 
19,676 16,794 
14.    Equipment, leases and leasehold improvements (continued)
Equipment, leases and leasehold improvements are detailed as follows:
IT equipmentFurniture and
fixtures
Leasehold
improvements
Other
equipment
Leases
Total
Cost:
Balance as of January 1, 20224,476 1,677 7,450 687 17,496 31,786 
Additions599 165 852 35 1,658 
Disposals(1,136)(36)(4)(6)— (1,182)
Effect of movement in exchange rates— 
Balance as of December 31, 20223,941 1,808 8,301 717 17,503 32,270 
Additions369 92 124 176 1,388 2,149 
Disposals(28)(83)(117)(49)(1,216)(1,493)
Effect of movement in exchange rates— — 13 
Balance as of December 31, 20234,287 1,820 8,313 844 17,675 32,939 
Additions632 274 768 139 3,623 5,436 
Disposals(157)(50)(72)(3)(36)(318)
Effect of movement in exchange rates(15)(13)(35)— — (63)
Balance as of December 31, 20244,747 2,031 8,974 980 21,262 37,994 
Accumulated depreciation:
Balance as of January 1, 20223,846 1,638 4,375 590 3,558 14,007 
Depreciation and amortization for the year430 32 531 57 1,104 2,154 
Disposals(1,133)(35)(4)(4)— (1,176)
Effect of movement in exchange rates(1)(1)— 
Balance as of December 31, 20223,142 1,636 4,906 642 4,662 14,988 
Depreciation and amortization for the year449 54 589 69 1,119 2,280 
Disposals(25)(83)(117)(49)(859)(1,133)
Effect of movement in exchange rates— — 10 
Balance as of December 31, 20233,570 1,608 5,383 662 4,922 16,145 
Depreciation and amortization for the year456 84 684 72 1,203 2,499 
Disposals(161)(53)(55)(1)(30)(300)
Effect of movement in exchange rates(8)(7)(11)— — (26)
Balance as of December 31, 20243,857 1,632 6,001 733 6,095 18,318 
Carrying amounts as of:
December 31, 2024890 399 2,973 247 15,167 19,676 
December 31, 2023717 212 2,930 182 12,753 16,794 
December 31, 2022799 172 3,395 75 12,841 17,282 
The Bank leases office spaces in buildings. The lease of head office space typically runs for a period of 15 years, and for the representative offices from 3 to 5 years. Some leases include an option to renew the lease for a similar additional period after the end of the contract term.
During the period ended December 31, 2024, disposals of fixed assets and leasehold improvements were made for a net amount of $12 thousand (2023: $3 thousand). Additionally, during the period 2024, a lease contract was closed that generated an adjustment in the assets for rights of use and the lease liability for a net amount of $6 thousand.