Page 403 - Bank-Muamalat_Annual-Report-2023

ANNUAL REPORT 2023
OUR NUMBERS

4.0 CREDIT RISK (GENERAL DISCLOSURE) (CONT’D)
Credit Quality Financing of Customers (cont’d)

Table 11: Credit quality of financing of customers (cont’d)
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:

Past due
Neither past due nor impaired but not Impaired
Bank Good Satisfactory impaired financing Total
31 December 2023 RM’000 RM’000 RM’000 RM’000 RM’000

Term financing
- Home financing 8,691,993 273,525 256,585 107,181 9,329,284
- Syndicated financing 546,137 - - - 546,137
- Hire purchase receivables 1,523,090 6,555 11,477 1,969 1,543,091
- Other term financing 12,169,840 146,614 164,357 125,271 12,606,082
Other financing 4,495,049 4,757 9,704 31,808 4,541,318
27,426,109 431,451 442,123 266,229 28,565,912
Less:
-Stage 1 - 12 Months ECL (119,065) (1,173) - - (120,238)
-Stage 2 - Lifetime ECL
not credit impaired - (12,547) (10,711) - (23,258)
-Stage 3 - Lifetime ECL
credit impaired - - - (79,024) (79,024)
Total net financing 27,307,044 417,731 431,412 187,205 28,343,392

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