Page 229 - Bank-Muamalat-Annual-Report-2021
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ANNUAL REPORT 2021 227
SUSTAINABILITY STATEMENT OUR GOVERNANCE OUR NUMBERS OTHER INFORMATION
8(a). IMPAIReD fINANcING
(i) Movements in the impaired financing
As at 31 December 2021
Group Bank
rM’000 rM’000
At 1 January 2021 194,711 194,711
Classified as impaired during the year 177,119 177,119
Reclassified as performing during the year (97,705) (97,705)
Recovered during the year (60,980) (60,980)
Written off during the year (41,072) (41,072)
Gross impaired financing 172,073 172,073
Less: Stage 3 - Lifetime ECL credit impaired (76,134) (76,134)
Net impaired financing 95,939 95,939
calculation ratio of impaired financing:
Gross financing of customers 20,850,016 20,840,328
Less: Stage 3 - Lifetime ECL credit impaired (76,134) (76,134)
Net financing of customers 20,773,882 20,764,194
Ratio of gross impaired financing to total financing 0.83% 0.83%
Net impaired financing ratio 0.46% 0.46%
