Overall total income for Financing Solutions (FS) declined by 6% y-o-y from lower fund-based income and fee-based income amid challenging operating environment. Gross Impaired Financing (GIF) ratio increased to 1.95% and Past Due Not Impaired (PDNI) ratio increased to 0.29% in FY2024. The impaired financing was mainly from post-Covid recovery in the Commercial sector. Despite challenges, asset quality remains stable, supported by proactive management, prudent provisioning, and vigilant monitoring of credit risks in affected segments. • Involved in a total of RM16.4 billion sukuk issuance as a lead manager and joint lead manager in 2024. • Achieved RM7.5 billion of UNSDG-linked sukuk exposure, surpassing our FY2024 target. 627.6 2022 596.0 867.0 2023 FS FUND FS FEE 829.2 819.0 2024 784.8 31.6 37.8 34.2 2022 2023 GIB PDNI GIB GIF 2024 1.95% 1.05% 2.70% 0.06% 0.10% 0.29% TOTAL INCOME ASSET QUALITY TREASURY AND MARKETS Grew eBanker Pro platform significantly, with total number of subscribers increasing 18% compared to the previous year. The monthly average of transaction volume increased by 29.7% y-o-y. LIQUIDITY MANAGEMENT Achieved a top five position on the Bloomberg League table for Malaysian Ringgit Islamic Sukuk with a market share of RM4.3 billion in FY2024. INVESTMENT BANKING AND ADVISORY • Expanded our stock coverage significantly with coverage including thematic ESG reports, while continuing to deliver high-quality client service and engagements. • BIMB Securities Institutional Brokerage income increased by 126.3% y-o-y. • Grew our Retail Brokerage income by 56.0% y-o-y. • Delivered impressive growth in our Share Margin Financing portfolio by 77.7% y-o-y. Increased our Asset Under Management (AUM) by 24.1% y-o-y driven by strong client relationship strategy. BIMB INVESTMENT BIMB SECURITIES 105 w w w . b a n k i s l a m. c o m 01 02 03 04 MD&A – BUSINESS REVIEW 05 06 07 08 09
RkJQdWJsaXNoZXIy NDgzMzc=