KENANGA INVESTMENT BANK BERHAD INTEGRATED ANNUAL REPORT 2024 WE ARE KENANGA OUR SUSTAINABILITY APPROACH LEADERSHIP STATEMENT HOW WE ARE GOVERNED SHAREHOLDERS’ INFORMATION NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2024 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2024 FINANCIAL STATEMENTS ADDITIONAL INFORMATION OUR VALUE CREATION APPROACH 211 210 9. LOANS, ADVANCES AND FINANCING (CONT’D.) 9.1 Movements in impaired loans, advances and financing (“Impaired LAF”) (cont’d.) Group Bank 2024 RM’000 2023 RM’000 2024 RM’000 2023 RM’000 9.1.1 Impaired LAF by geographical distribution Malaysia 98,415 61,471 94,150 57,041 9.1.2 Impaired LAF by purpose Purchase of securities 94,150 57,041 94,150 57,041 Others 4,265 4,430 - - 98,415 61,471 94,150 57,041 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 2024 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 Performing: - Strong 50,017 - - 50,017 - Satisfactory 470,708 - - 470,708 - Substandard 117,193 13,235 - 130,428 Total 637,918 13,235 - 651,153 9. LOANS, ADVANCES AND FINANCING (CONT’D.) 9.2 Impairment allowance for loans, advances and financing are as follows (cont’d.): (a) Term loans/financing and subordinated term loan (cont’d.) 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 Bank Internal rating grade 2024 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 Performing: - Strong 50,017 - - 50,017 - Satisfactory 528,877 - - 528,877 - Substandard 117,193 13,235 - 130,428 Total 696,087 13,235 - 709,322 Bank Internal rating grade 2023 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 Performing: - Satisfactory 476,158 - - 476,158 - Substandard 84,870 38,182 - 123,052 Total 561,028 38,182 - 599,210
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