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154 EXIM BANK MALAYSIA
Annual Report 2020
NOTES TO THE FINANCIAL STATEMENTS
24. OPERATING REVENUE
Operating revenue of the Group and the Bank comprises gross interest income, fee and commission income, income from
insurance operation and income from Islamic banking and Takaful businesses.
Group and Bank
2020 2019
RM’000 RM’000
Banking 158,112 338,836
Insurance and takaful (1,272) 7,702
Recoveries from impaired loans 23,467 34,593
Treasury 1,180 -
181,487 381,131
The timing of revenue recognition by the Group and the Bank are as follows:
Group and Bank
2020 2019
RM’000 RM’000
At a point in time 28,954 53,553
Over a period of time 152,533 327,578
181,487 381,131
25. INTEREST INCOME
Group and Bank
2020 2019
RM’000 RM’000
Financial assets at amortised cost
Loans, advances and financing
- Interest income from non-impaired loans 90,456 172,316
- Recoveries from impaired loans 12,317 24,835
- Effects on modification loss, to contractual cash flows
of financial assets (31,073) -
Money at call and deposit placements with banks and
other financial institutions 27,577 39,740
Financial investment at FVOCI and at amortised cost 12,340 12,237
Amortisation of premium, net (218) (209)
Financial assets at FVTPL
Net interest on derivatives 22,263 (29,009)
133,662 219,910
