Page 171 - EXIM_AR2021

ANNUAL REPORT 2021 169

Notes to the fiNaNcial statemeNts

32. allOwances fOr exPecteD creDit lOsses On lOans, aDvances anD financing

Group and Bank
2021 2020
RM’000 RM’000

Allowances for losses on loans, advances and financing
- 12-month ECL - Stage 1, net 35,061 (52,241)
- Lifetime not credit impaired ECL - Stage 2, net 64,080 227,895
- Lifetime ECL credit impaired - Stage 3, charged for the year 153,796 178,706
- Lifetime ECL credit impaired - Stage 3, written back during the year (356,178) (520,790)
- Bad debts written off 150,348 220,073
47,107 53,643

33. allOwances fOr ecl On cOmmitments anD cOntingencies

Group and Bank
2021 2020
RM’000 RM’000

Allowances for commitments and contingencies
- 12-month ECL - Stage 1, net (6,505) (7,238)
- Lifetime not credit impaired ECL - Stage 2, net (4,577) 17,867
- Lifetime ECL credit impaired - Stage 3, net (8,672) (7,796)
(19,754) 2,833

34. allOwances fOr/(writeback) ecl On financial investments

Group and Bank
2021 2020
RM’000 RM’000
Financial investments at FVOCI (Note 6) (1,055) (82)

Financial investments at amortised costs (Note 6) 4,200 42,666
Total allowances on financial investments 3,145 42,584