Page 290 - Full Book_24.4.2021

NOTES TO THE
FINANCIAL STATEMENTS

for the financial year ended 31 december 2020 (continUed)

49 FINANCIAL RISk MANAGEMENT POLICIES (CONTINUED)
49.3 Credit risk (continued)
Banking (continued)
(i) Concentration of credit risk for Bank (continued)
short-term
Cash and
inteGrated annUal rePort 2020 Bank Islam with financial Financial Derivative Financial and others balance guarantee commitments*
funds and
On-
deposits and
Financing,
placements
Financial
assets at
financial
assets at
sheet
Financing
advances
institutions
total
contracts
FVOCI
FVTpL
assets
RM’000
RM’000
RM’000
As at 31 December 2019
8,865
20,282
Primary agriculture RM’000 – RM’000 – RM’000 – RM’000 1,235,411 1,255,693 RM’000 250,022
mining and quarrying – – – – 420 420 10,145 44,278
manufacturing
284
(including agro-based) – – 30 62,973 819,640 882,643 136,235 449,484
electricity, gas and water – – – 1,883,960 1,818,272 3,702,232 67,660 156,012
Wholesale & retail trade, – – – – 18,926 – 750,796 – 2,153,269 2,904,065 127,255 1,203,928
bimb holdinGS berhad 199701008362 (423858-X) communications 2,710,387 – – 423,938 – – 9,901 3 1,604,845 3,669,708 12,224,120 142,801 174,259
881,485
900,411
280,678
and hotels & restaurants
393,338
construction
transport, storage and
885,686
99,787
2,490,534
finance, insurance,
real estate and
5,410,186
business activities
846,776
education,
982,567
560,120
health and others
1,795,865
1,112,776
47
683,042
household sectors
796,966
1,683,597
404,281
4,419
1,688,016
other sectors
9,061,076
64,739,854
49,472,522
2,710,387 – – 423,938 – – 33,326 – 12,099,681 – 36,895,855 – 36,895,855 1,950,487 – 3,876,106
* financing commitments excluding derivative financial assets
(ii) Collateral
the main types of collateral obtained by the bank to mitigate the credit risk are as follows:
• For residential mortgages – charges over residential properties
• For commercial property financing – charges over the properties being financed
• For vehicle financing under Ijarah Thumma Al-Bai – ownership claims over the vehicles financed
• For other financing and advances – charges over business assets such as premises, inventories, trade receivables
and/or cash deposits
as at 31 december 2020 and 31 december 2019, there were no assets repossessed by the bank as a result of
taking possession of collateral held as security, or by calling upon other credit enhancements.