4. CREDIT RISK (CONTINUED) 4.5 Credit Quality of Gross Financing and Advances (continued) (a) Neither Past Due nor Impaired Financing classified as neither past due nor impaired are financing of which the customers have not missed contractual payments (profit or principal) when contractually due and are not impaired as there is no objective evidence of impairment. The credit quality of gross financing and advances which are neither past due nor impaired is as follows: Group 31.12.2024 RM’000 31.12.2023 RM’000 Excellent to Good 63,549,512 59,771,489 Satisfactory 4,743,677 6,110,850 Fair 368,530 395,718 68,661,719 66,278,057 Bank 31.12.2024 RM’000 31.12.2023 RM’000 Excellent to Good 63,563,011 59,771,489 Satisfactory 4,743,677 6,110,850 Fair 368,530 395,718 68,675,218 66,278,057 Internal rating definition: • Excellent to Good: Sound financial position with no difficulty in meeting its obligations. • Satisfactory: Adequate safety of meeting its current obligations but more time is required to meet the entire obligations in full. • Fair: High risks on payment obligations. Financial performance may continue to deteriorate. (b) Past Due but Not Impaired Financing classified as past due but not impaired are financing of which its contractual profit or principal payments are past due, but the Group and the Bank believe that impairment is not appropriate on the basis of the level of collateral available and/or the stage of collection amounts owed to the Group and the Bank. 445 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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