46. RELATED PARTY TRANSACTIONS (CONTINUED) (b) The outstanding balances of the Bank with related parties, are as follows (continued): Group Bank 2023 RM’000 2022 RM’000 2023 RM’000 2022 RM’000 Other related companies Amount due from Financing, advances and others 631,906 20,866 631,906 20,866 Amount due to Deposits from customers 474,101 281,560 474,101 281,560 Investment account of customers 24,608 26,186 24,608 26,186 Income payable to depositors 265 227 265 227 Income payable to investment account holders 12 6 12 6 Commitments and contingencies 34,625 12,418 34,625 12,418 Co-operative society in which the employees have interest Amount due from Financing, advances and others 42,195 53,075 42,195 53,075 Amount due to Deposits from customers 1,159 147 1,159 147 Income payable to depositors – 1 – 1 47. 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 2023 RM’000 2022 RM’000 Outstanding credit exposures with connected parties 2,121,567 1,952,597 Percentage of outstanding credit exposures to connected parties as a proportion of total credit exposures 5.72% 2.69% 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. 404 Notes to the Financial Statements for the financial year ended 31 December 2023 Bank Islam Malaysia Berhad ◆ Integrated Annual Report 2023
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