Page 142 - Exim iar24_Ebook

EXIM BANK MALAYSIA
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NOTES TO THE FINANCIAL STATEMENTS

7. FINANCIAL INVESTMENTS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME (“FVOCI”)

Group and Bank
2024 2023
RM’000 RM’000
At fair value
Corporate Bonds and Sukuk 651,955 501,195
Total financial investments at FVOCI 651,955 501,195

Included in financial investments at FVOCI are investments to meet the requirement of Sukuk Programme of the Group
amounting to RM30,433,400 (2023: RM31,212,000).

The maturity profile of financial investments at FVOCI are as follows:
Group and Bank
2024 2023
RM’000 RM’000
Within one year 60,362 71,107
One year to three years 181,858 111,588
Three years to five years 159,698 129,225
After five years 250,037 189,275
651,955 501,195

Movements in the ECL on financial investments at FVOCI are as follows:

Stage 2 Stage 3
Stage 1 Lifetime ECL Lifetime
12-month not credit ECL credit
ECL impaired impaired Total ECL
RM’000 RM’000 RM’000 RM’000

At 1 January 2023 87 - 100,000 100,087
Writeback during the year (87) - - (87)
At 31 December 2023/1 January 2024 - - 100,000 100,000
At 31 December 2024 - - 100,000 100,000

8. FINANCIAL INVESTMENTS AT AMORTISED COST

Group and Bank
2024 2023
RM’000 RM’000
Money market instruments:
Malaysian Government Securities 152,121 152,538
Unquoted securities:
Corporate Bonds and Sukuk 334,408 342,963

486,529 495,501
Less: Allowance for ECL (279,948) (261,706)
Total financial investments at amortised cost 206,581 233,795