NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2023 198 WE ARE KENANGA LEADERSHIP MESSAGE VALUE CREATION MODEL KENANGA INVESTMENT BANK BERHAD ANNUAL REPORT 2023 9. LOANS, ADVANCES AND FINANCING (CONT’D.) 9.1 Movements in impaired loans, advances and financing (“Impaired LAF”) (cont’d.) Group Bank 2023 RM’000 2022 RM’000 2023 RM’000 2022 RM’000 9.1.1 Impaired LAF by geographical distribution Outside Malaysia - 541 - 541 Malaysia 61,471 42,638 57,041 29,805 Gross impaired LAF 61,471 43,179 57,041 30,346 9.1.2 Impaired LAF by purpose Working capital - 5,630 - - Purchase of securities 57,041 30,346 57,041 30,346 Others 4,430 7,203 - - 61,471 43,179 57,041 30,346 9.2 Impairment allowance for loans, advances and financing are as follows: (a) Term loans/financing and subordinated term loan The tables below show the credit quality and the maximum exposure to credit risk based on the Group’s and the Bank’s internal credit rating system and year-end stage classification. The amounts presented are gross of ECL allowances. Details of the Group’s and of the Bank’s internal rating system are explained in Note 51(a). Group Internal rating grade 2023 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 Performing: - Satisfactory 438,091 - - 438,091 - Substandard 84,870 38,182 - 123,052 Total 522,961 38,182 - 561,143
RkJQdWJsaXNoZXIy NDgzMzc=