Page 292 - Bank-Muamalat-Annual-Report-2021

290 bank MuaMalat Malaysia berhaD
ABOUT US OUR LEADERSHIP OUR STRATEGY OUR PERFORMANCE

NOTES TO THE FINANCIAL STATEMENTS
31 DECEMbEr 2021 (26 JAMADIL AwAL 1443H)

46. fINANcIAL RIsk MANAGeMeNT OBJecTIves AND POLIcIes (cONT’D.)

(a) credit risk (cont’d.)
(ii) credit quality for financing of customers
The credit quality for financing of customers is managed by the Group and the Bank using the internal credit
ratings. The table below shows the credit quality for financing of customers exposed to credit risk, based on the
Group’s and the Bank’s internal credit ratings.

Financing of customers are analysed as follows:
Neither past due nor impaired Past due
but not Impaired
Group Good satisfactory impaired financing Total
2021 RM’000 RM’000 RM’000 RM’000 RM’000

Term financing
- Home financing 5,579,616 132,386 18,714 68,345 5,799,061
- Syndicated financing 561,017 - - - 561,017
- Hire purchase
receivables 636,718 8,013 4,360 1,384 650,475
- Other term financing 9,660,937 101,443 16,301 60,821 9,839,502
Other financing 3,975,628 30,669 379 41,523 4,048,199

20,413,916 272,511 39,754 172,073 20,898,254
Less:
- Stage 1
- 12 Months ECL - - - - (116,768)
- Stage 2
- Lifetime ECL
not credit impaired - - - - (34,046)
- Stage 3
- Lifetime ECL
credit impaired - - - (76,134) (76,134)

Total net financing 20,413,916 272,511 39,754 95,939 20,671,306