4. CREDIT RISK (CONTINUED) 4.6 Gross Credit Exposures (continued) (c) Residual Contractual Maturity Breakdown (continued) (ii) Bank (continued) 31 December 2023 Exposure Class Up To 1 Year RM’000 > 1 – 5 Years RM’000 Over 5 Years RM’000 Total RM’000 Credit Risk On-Balance Sheet Exposures Sovereign/Central Banks 5,291,458 3,197,730 2,173,537 10,662,724 Public Sector Entities 263,720 330,078 722,888 1,316,687 Banks, Developments Financial Institutions and Multilateral Development Banks 808,755 – – 808,755 Corporate 7,313,394 6,155,178 9,214,704 22,683,276 Regulatory Retail 494,500 3,633,507 22,871,129 26,999,136 Residential Mortgages 9,808 145,388 24,220,596 24,375,792 Higher Risk Assets – 201 4,008 4,209 Other Assets 1,344,142 – 1,743,273 3,087,415 Total for On-Balance Sheet Exposures 15,525,776 13,462,082 60,950,136 89,937,994 Off-Balance Sheet Exposures Credit-related Exposures 782,689 402,897 558,082 1,743,667 Derivative Financial Instruments 177,344 – – 177,344 Total for Off-Balance Sheet Exposures 960,032 402,897 558,082 1,921,011 Total On and Off-Balance Sheet Exposures 16,485,809 13,864,978 61,508,219 91,859,006 4.7 Assignment of Risk Weights for Portfolios Under the Standardised Approach Under the Standardised Approach, the Group makes use of credit ratings assigned by credit rating agencies in the calculation of credit risk-weighted assets. The following are the rating agencies or External Credit Assessment Institutions (ECAI) ratings used by the Group and are recognised by BNM as per the CAFIB Guideline: (a) Standard & Poor’s (S&P) (b) Moody’s Investors Services (MOODY’S) (c) Fitch Ratings (FITCH) (d) Rating Agency Malaysia Berhad (RAM) (e) Malaysian Rating Corporation Berhad (MARC) The ECAI ratings accorded to the following counterparty exposure classes are used in the calculation of risk-weighted assets for capital adequacy purposes: (a) Sovereigns and central banks (b) Banking institutions (c) Corporates 461 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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