Page 175 - Exim iar24_Ebook

EXIM BANK MALAYSIA ANNUAL REPORT 2024

7 FINANCIAL STATEMENTS 173
NOTES TO THE FINANCIAL STATEMENTS

33. WRITEBACK FOR ECL ON LOANS, ADVANCES AND FINANCING

Group and Bank
2024 2023
RM’000 RM’000
Restated
(Writeback)/allowances for ECL on loans, advances and financing (Note 9 (ix))
- 12-month ECL - Stage 1, net (18,687) 50,220
- Lifetime not credit impaired ECL - Stage 2, net 10,215 (137,524)
- Lifetime ECL credit impaired - Stage 3, charged for the year 81,058 131,972
- Lifetime ECL credit impaired - Stage 3, written back during the year (46,747) (111,398)
25,839 (66,730)
Impaired loans/financing:
- Bad debts recovered (91,762) -
(65,923) (66,730)

34. WRITEBACK FOR ECL ON COMMITMENTS AND CONTINGENCIES
Group and Bank
2024 2023
RM’000 RM’000
(Writeback)/allowances for ECL on commitments and contingencies (Note 22)
- 12-month ECL - Stage 1, net (190) 3,209
- Lifetime not credit impaired ECL - Stage 2, net 301 (1,507)
- Lifetime ECL credit impaired - Stage 3, net (5,553) (4,760)
(5,442) (3,058)

35. ALLOWANCE/(WRITEBACK) FOR ECL ON FINANCIAL INVESTMENTS

Group and Bank
2024 2023
RM’000 RM’000
Financial investments at FVOCI (Note 7) - (87)
Financial investments at amortised costs (Note 8) 24,770 (498)
24,770 (585)