4. CREDIT RISK (CONTINUED) 4.5 Credit Quality of Gross Financing and Advances The table below presents the Group’s and the Bank’s gross financing and advances analysed by credit quality: Group and Bank 31.12.2021 31.12.2020 RM’000 RM’000 Neither past due nor impaired 58,234,986 54,596,595 Past due but not impaired 414,366 628,767 Impaired 568,383 373,234 59,217,735 55,598,596 Gross Impaired Financing as a percentage of Gross Financing and Advances 0.96% 0.67% (a) Neither Past Due nor Impaired Financings classified as neither past due nor impaired are financings 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 in the financings. The credit quality of gross financing and advances which are neither past due nor impaired is as follows: Group and Bank 31.12.2021 31.12.2020 RM’000 RM’000 Excellent to Good 52,111,710 47,226,265 Satisfactory 5,813,008 6,995,181 Fair 310,268 375,149 58,234,986 54,596,595 Internal rating definition: • • Excellent to Good: Sound financial position of the customer with no difficulty in meeting its obligations. • • Satisfactory: Adequate safety of the customer 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. INTEGRATED ANNUAL REPORT 202 1 391 Key Messages Overview Value Creation MD&A Sustainability Leadership Accountability Financial Additional Information
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