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 353 352 53. OPERATIONS OF ISLAMIC BANKING (CONT’D.) (s) Capital adequacy (cont’d.) Group and Bank 2024 RM’000 2023 RM’000 CET 1 capital ratio 82.627% 66.552% Tier 1 capital ratio 82.627% 66.552% Total capital ratio 83.327% 67.529% The breakdown of risk-weighted assets (excluding any deferred tax assets) in the various categories of risk-weights are as follows: Group and Bank 2024 2023 Principal RM’000 Risk- weighted RM’000 Principal RM’000 Risk- weighted RM’000 Credit risk 912,672 228,046 894,264 271,905 Operational risk - 37,743 - 30,564 Total risk weighted assets 912,672 265,789 894,264 302,469 (t) Commitments and contingencies In the normal course of business, the Group and the Bank enter into various commitments and incur certain contingent liabilities with legal recourse to their customers. No material losses are anticipated as a result of these transactions. As at reporting date, the commitments and contingencies are as follows: Group and Bank 2024 Principal amount RM’000 2023 Principal amount RM’000 Commitments to extend credit with maturity of less than 1 year: - share margin financing 16,134 19,766 - corporate financing 41,531 48,531 Commitments to extend credit with maturity of more than 1 year: - corporate financing 34,250 42,500 91,915 110,797 53. OPERATIONS OF ISLAMIC BANKING (CONT’D.) (u) Liquidity risk Analysis of assets and liabilities by remaining contractual maturities The table below summarises the contractual maturity profile of the Islamic banking operation’s assets and liabilities as at 31 December 2024. The contractual maturity profile often may not reflect the actual behavioural patterns. Group and Bank 2024 On demand RM’000 Up to 1 month RM’000 >1 to 3 months RM’000 >3 to 6 months RM’000 >6 to 12 months RM’000 >1 year RM’000 Non specific maturity RM’000 Total RM’000 Assets Cash and bank balances 18,214 281,250 150,000 - - - - 449,464 Financial assets at FVTPL - - - - - - 100,000 100,000 Financial instruments at FVOCI - - - - - 184,671 - 184,671 Financial instruments at AC - - 4,998 5,000 - 96,906 - 106,904 Financing and advances 50,820 416 - - 8,502 63,209 - 122,947 Balances due from clients and brokers - 1,386 - - - - - 1,386 Other assets 3,014 1,867 1,259 948 - - 3 7,091 Others - - - - - - 14 14 Total assets 72,048 284,919 156,257 5,948 8,502 344,786 100,017 972,477 Liabilities Deposits from customers - 284,658 2,467 58,039 - - - 345,164 Deposits and placements of banks and other financial institutions - 10,000 - - - - - 10,000 Balances due to clients and brokers - 3,842 - - - - - 3,842 Other liabilities balances - 142 11 646 - 6,390 384,803 391,992 Total liabilities - 298,642 2,478 58,685 - 6,390 384,803 750,998 Net maturity mismatch 72,048 (13,723) 153,779 (52,737) 8,502 338,396 (284,786) 221,479
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