47. RELATED PARTY TRANSACTIONS (CONTINUED) (b) The outstanding balances of the Bank with related parties, are as follows (continued): Transaction amount for Group Bank 2024 RM’000 2023 RM’000 2024 RM’000 2023 RM’000 Co-operative society in which the employees have interest Amount due from Financing, advances and others 34,442 42,195 34,442 42,195 Amount due to Deposits from customers 131 1,159 131 1,159 48. CREDIT TRANSACTIONS AND EXPOSURES WITH CONNECTED PARTIES Credit exposures with connected parties as per BNM’s revised Guidelines on Credit Transactions and Exposures with Connected Parties are as follows: Group and Bank 2024 RM’000 2023 RM’000 Outstanding credit exposures with connected parties 1,464,011 2,121,567 Percentage of outstanding credit exposures to connected parties as a proportion of total credit exposures 7.55% 5.72% Percentage of outstanding credit exposures with connected parties which is non-performing or in default 0.00% 0.00% The above disclosure on Credit Transaction and Exposures with Connected Parties is presented in accordance with Para 9.1 of Bank Negara Malaysia’s Revised Guidelines on Credit Transaction and Exposures with Connected Parties. 427 w w w . b a n k i s l a m. c o m 01 02 03 04 05 06 07 08 FINANCIAL STATEMENTS 09
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