Page 177 - EXIM-Bank_Annual-Report-2023

Management Discussion and Analysis Ensuring Sustainability Commitment to Lead Upholding Accountability Financial Statements 175

Notes to the fiNaNcial statemeNts

32. kEy MANAGEMENT PErSoNNEL CoMPENSATIoN
Key management personnel comprise person having authority and responsibility for planning, directing and controlling the
activities of the entity either directly or indirectly. It comprises the President/Chief Executive Officer and senior management
of the Group and of the Bank.
The key management personnel compensation is as follows:

Group and Bank
2023 2022
rM’000 rM’000
Salaries and other short-term benefits 3,800 3,559
Defined contribution plan (“EPF”) 582 549
Benefits-in-kind - 50
Termination/end of contract compensation - 53

4,382 4,211

33. WrITEBACk For ECL oN LoANS, ADvANCES AND FINANCING
Group and Bank
2023 2022
rM’000 rM’000
Allowances for ECL on loans, advances and financing
- 12-month ECL - Stage 1, net 50,220 10,456
- Lifetime not credit impaired ECL - Stage 2, net (137,524) (281,539)
- Lifetime ECL credit impaired - Stage 3, charged for the year 55,940 383,721
- Lifetime ECL credit impaired - Stage 3, written back during the year (123,263) (428,550)
- Bad debts written off 56,060 310,757

(98,567) (5,155)

34. WrITEBACk For ECL oN CoMMITMENTS AND CoNTINGENCIES

Group and Bank
2023 2022
rM’000 rM’000

Writeback for ECL on commitments and contingencies
- 12-month ECL - Stage 1, net 3,209 (3,155)
- Lifetime not credit impaired ECL - Stage 2, net (1,507) (17,480)
- Lifetime ECL credit impaired - Stage 3, net (4,760) 209
(3,058) (20,426)