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160 EXIM BANK MALAYSIA
Annual Report 2020
NOTES TO THE FINANCIAL STATEMENTS
32. ALLOWANCES FOR EXPECTED CREDIT LOSSES ON LOANS, ADVANCES AND FINANCING
Group and Bank
2020 2019
RM’000 RM’000
Allowances for losses on loans, advances and financing
- 12-month ECL - Stage 1, net (52,241) (56,514)
- Lifetime not credit impaired ECL - Stage 2, net 227,895 39,782
- Lifetime ECL credit impaired - Stage 3, charged for the year 178,706 725,928
- Lifetime ECL credit impaired - Stage 3, written back during the year (520,790) (313,174)
- Bad debts written off 220,073 170,113
53,643 566,135
33. ALLOWANCES FOR ECL ON COMMITMENTS AND CONTINGENCIES
Group and Bank
2020 2019
RM’000 RM’000
Allowances for commitments and contingencies
- 12-month ECL - Stage 1, net (7,238) 16,157
- Lifetime not impaired ECL - Stage 2, net 17,867 3,855
- Lifetime ECL credit impaired - Stage 3, net (7,796) 44,935
2,833 64,947
34. ALLOWANCES FOR/(WRITEBACK) ECL ON FINANCIAL INVESTMENTS
Group and Bank
2020 2019
RM’000 RM’000
Financial investments at FVOCI (Note 6) (82) 1,177
Financial investments at amortised costs (Note 6) 42,666 (11,498)
Total allowances on financial investments 42,584 (10,321)
