Page 402 - Bank-Muamalat-Annual-Report-2021

400 BANK MUAMALAT MALAYSIA BERHAD
TEGY
OUR PERFORMANCE
ABOUT US OUR LEADERSHIP OUR STRATEGY OUR PERFORMANCE
OUR LEADERSHIP
ABOUT US
OUR STRA
BASEL II
PILLAR 3 DISCLOSURE

6.0 creDIT rIsK MITIgATIon (“crM”) DIsclosures unDer The sTAnDArDIseD APProAch (conT’D)

Table 17: credit risk mitigation on credit exposures (cont’d)
Total
exposures
covered by
eligible
gross financial *net
group exposures collateral exposures
31 December 2020 rM’000 rM’000 rM’000

credit risk
(a) on Balance sheet exposures
Sovereign/Central banks 6,058,325 - 6,058,325
Public sector entities 251,982 190 251,792
Banks, Development Financial Institution & MDBs 669,900 - 669,900
Corporates 6,517,329 107,940 6,409,389
Regulatory retail 7,106,909 11,067 7,095,842
Residential real estate 4,640,167 - 4,640,167
Higher risk assets 826 - 826
Other assets 447,352 - 447,352
Defaulted exposure 107,289 - 107,289
25,800,079 119,197 25,680,882

(b) off-Balance sheet exposures
Credit-related off-balance sheet exposure 1,115,215 - 1,115,215
Islamic derivative financial instruments 148,181 - 148,181

1,263,396 - 1,263,396

Total credit exposures 27,063,475 119,197 26,944,278

* After netting and credit risk mitigation