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Our Performance Sustainability Statement Governance Our Numbers Other Information

the assets are funded in the same currency. The Group controls its FX exposures by transacting in permissible currencies. It has an
economic risk, which are managed in accordance with the market risk policy and limits. The FX translation risks are mitigated as
internal Foreign Exchange Net Open Position (“FX NOP”) to measure, control and monitor its FX risk, and implements FX hedging
US Dollar, Australian Dollar, Swiss Franc, Euro, the Great Britain Pound, Japanese Yen and Canadian Dollar. The “others” foreign
The table below analyses the net foreign exchange positions of the Group and the Bank by major currencies, which are mainly in
Generally, the Group is exposed to three (3) types of foreign exchange risk, namely, translation risk, transactional risk and
Foreign exchange (“FX”) risk arises as a result of movements in relative currencies due to the Group’s operating in business
activities, trading activities and structural foreign exchange exposures from foreign investments and capital management activities.
Total rM’000 1,011,225 53,925 308,793 4,604,824 103,162 21,859 15,861,238 41,670 568,768 53,063 48,122 82,538 56,092 13,534 22,828,813
strategies to minimise FX exposures. Stress testing is conducted periodically to ensure sufficient capital to buffer the FX risk.
Others rM’000 3,378 - - - - - - - - - - - - - 3,378
exchange risk include mainly exposures to United Arab Emirates Dirham, Qatari Rial and Singapore Dollar.
Canadian Dollar rM’000 3,332 - - - - - - - - - - - - - 3,332

Japanese yen rM’000 21,305 - - - - - - - - - - - - - 21,305

Great Britain Pound rM’000 3,106 - - - - - - 296 - - - - - - 3,402

Euro rM’000 4,915 4,915
- - - - - - - - - - - - -
FINANCIAL rISk MANAGEMENT OBJECTIvES AND POLICIES (CONT’D.)

Swiss Franc rM’000 280 280
- - - - - - - - - - - - -

Australian Dollar rM’000 1,844
- - - - - - - - - - - - - 1,844

united States Malaysian Dollar ringgit rM’000 rM’000 107,283 865,782 40,048 13,877 169,109 139,684 8,252 4,596,572 - 103,162 - 21,859 5,558 15,855,680 1,016 40,358 - 568,768 - 53,063 62 48,060 - 82,538 - 56,092 - 13,534 331,328 22,459,029

Market risk (cont’d.) Types of market risk (cont’d.) Non-traded market risk (cont’d.) Foreign exchange risk (cont’d.) Group 31 December 2019 Assets Cash and short-term funds Cash and placements with financial institutions Financial investments designated at fair value through profit and loss Financial assets at fair value through other comprehensive income Financial assets at amortised cost Islamic derivative financial assets

(b) (ii)

46.