4. Do you believe the bank is exposed to sovereign risk? Explain.

5. Calculate the cumulative one-year repricing gap (CGAP) for FYE 2022 under the following assumptions: Balances with Central Banks are interest free, amounts due from banks all carry fixed rates, 60% of loans and advances are rate sensitive, 25% of deposits and 50% of investment securities and 100% debt securities in issue are rate sensitive. Refer to the table on page 132 of the annual report for the appropriate inputs.

6. Calculate the gap ratio. Based on this ratio, will net interest income rise or fall if interest rates rise?

Consolidated Statement of Comprehensive Income For the year ended October 31, 2022 (Expressed in thousands of United States dollars, except as noted) The accompanying notes are an integral part of the consolidated financial statements. For the year ended October 31, 2022 (Expressed in thousands of United States dollars, except as noted) The accompanying notes are an integral part of the consolidated financial statements