4. CREDIT RISK (CONTINUED) 4.6 Gross Credit Exposures (continued) (c) Residual Contractual Maturity Breakdown (continued) (ii) Bank (continued) 31 December 2022 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 6,612,283 2,713,450 2,787,640 12,113,373 Public Sector Entities 843,501 344,240 1,773,816 2,961,557 Banks, Developments Financial Institutions and Multilateral Development Banks 1,477,178 200,727 – 1,677,905 Corporate 5,711,877 7,526,468 7,581,253 20,819,598 Regulatory Retail 103,854 3,201,349 19,458,266 22,763,469 Residential Mortgages 28,135 145,653 25,929,990 26,103,778 Higher Risk Assets – 188 2,353 2,541 Other Assets 1,296,448 – 1,523,356 2,819,804 Total for On-Balance Sheet Exposures 16,073,276 14,132,075 59,056,674 89,262,025 Off-Balance Sheet Exposures Credit-related Exposures 799,082 399,012 605,922 1,804,016 Derivative Financial Instruments 212,579 501 – 213,080 Total for Off-Balance Sheet Exposures 1,011,661 399,513 605,922 2,017,096 Total On and Off-Balance Sheet Exposures 17,084,937 14,531,588 59,662,596 91,279,121 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 438 Pillar 3 Disclosure as at 31 December 2023 Bank Islam Malaysia Berhad ◆ Integrated Annual Report 2023
RkJQdWJsaXNoZXIy NDgzMzc=