Kenanga Investment Bank Berhad Annual Report 2021 200 Our Sustainability Approach About This Report We Are Kenanga Message From Chairman and GMD 9. LOANS, ADVANCES AND FINANCING (CONT’D.) 9.1 Movements in impaired loans, advances and financing (“Impaired LAF”) (cont’d.) Group Bank 2021 RM’000 2020 RM’000 2021 RM’000 2020 RM’000 9.1.1 Impaired LAF by geographical distribution Outside Malaysia 2,556 3,306 2,556 3,306 Malaysia 70,585 37,988 62,144 37,324 Gross impaired LAF 73,141 41,294 64,700 40,630 9.1.2 Impaired LAF by purpose Working capital 664 664 - - Purchase of securities 64,700 40,630 64,700 40,630 Others 7,777 - - - 73,141 41,294 64,700 40,630 9.2 Impairment allowance for loans, advances and financing are as follows: (a) Term loans 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 the Bank’s internal rating system are explained in Note 50(a). Group Internal rating grade 2021 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 Performing: Satisfactory 408,006 - - 408,006 Substandard 67,998 63,073 - 131,071 Total 476,004 63,073 - 539,077 Group Internal rating grade 2020 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 Performing: Satisfactory 451,490 - - 451,490 Substandard 48,395 87,908 - 136,303 Total 499,885 87,908 - 587,793 Notes to the Financial Statements 31 December 2021
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