Page 131 - EXIM-BANK-AR20

Section 06 Financial Statements
129

7. LOANS, ADVANCES AND FINANCING (CONT’D.)
(ix) Movements in the allowance for ECL for loans, advances and financing are as follows: (cont’d.)

Stage 1 Stage 2 Stage 3
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
2019
At 1 January 2019 140,324 150,518 1,572,701 1,863,543
Transferred to Stage 1 (23,653) - - (23,653)
Transferred to Stage 2 - 75,976 - 75,976
Transferred to Stage 3 - - 500,464 500,464
(Written back)/allowance recognised in profit and loss (6,079) (28,833) 82,403 47,491
Financial assets derecognised (30,941) (2,455) - (33,396)
Changes due to change in credit risk 2,295 1,227 - 3,522
Modification to contractual cash flows of financial assets 1,864 (6,133) - (4,269)
Total amount charged to profit and loss during the period (56,514) 39,782 582,867 566,135
Other movement with no profit and loss impact
Write offs - - (170,113) (170,113)
Exchange differences - - (17,174) (17,174)
At 31 December 2019 83,810 190,300 1,968,281 2,242,391

Group and Bank
2020 2019
RM’000 RM’000

Breakdown of ECL Stage 1 and 2:
From non-impaired loans, advances and financing 449,764 274,110
449,764 274,110

As % of net loans, advances and financing 13.40% 6.28%