Page 142 - EXIM-Bank_Annual-Report-2022

140 eXIM BANK MALAYsIA ANNUAL REPORT 2022

Notes to the fiNaNcial statemeNts

9. LoANs, ADvANCes AND FINANCING (cont’d.)
(ix) Movements in the allowance for ECL for loans, advances and financing are as follows (cont’d.):

stage 2 stage 3
stage 1 Lifetime eCL Lifetime
12-months not credit eCL credit
eCL impaired impaired total eCL
rM’000 rM’000 rM’000 rM’000
Group and Bank
2021
At 1 January 31,569 418,195 1,610,717 2,060,481
Transferred from Stage 1 (3,857) 3,857 - -
Transferred to Stage 2 - (22,018) 22,018 -
Transferred to Stage 3 - 69,589 (69,589) -
Allowance/(Writeback) recognised in profit or loss 1,073 (13,568) (4,463) (16,958)
Financial assets derecognised (4,744) (32,426) - (37,170)
Changes due to change in credit risk 43,058 16,818 - 59,876
Modification to contractual cash flows of financial assets (469) 41,828 - 41,359
Total amount charged to profit or loss during the period 35,061 64,080 (52,034) 47,107
Other movement with no profit or loss impact
Write offs - - (150,348) (150,348)
Exchange differences - - 41,830 41,830
At 31 December 66,630 482,275 1,450,165 1,999,070

Group and Bank
2022 2021
rM’000 rM’000
Breakdown of ECL Stage 1 and 2:
From non-impaired loans, advances and financing 277,822 548,905
277,822 548,905

As % of net loans, advances and financing (exclude gross impaired loan and staff loan) 10.15% 17.13%