7. AMOUNT DUE FROM EXPORT CREDIT REFINANCING (“ECR”) DEBTORS
Group and Bank
2013
2012
RM’000
RM’000
Amount due from participating licensed banks under ECR Scheme
382,345
572,570
The maturity structure of the ECR debtors are as follows:
Maturity within one year
382,345
572,570
The amount represents block discounting of bills facility provided to participating banks in Malaysia granted under ECR
Scheme. The primary objective of the Scheme is for the promotion of Malaysian export by offering competitive rates to banks
participating in the ECR Scheme for on-lending to exporters.
8. LOANS, ADVANCES AND FINANCING
Group and Bank
2013
2012
RM’000
RM’000
At amortised cost
Loans, advances and financing
5,812,766
3,637,766
Loans under MKFF Scheme
21,320
21,474
Staff loans and advances
2,585
3,588
Gross loans, advances and financing
5,836,671
3,662,828
Less: Allowance for impaired loans, advances and financing:
– Individual allowance
(407,954)
(400,582)
– Collective allowance
(127,209)
(111,118)
Net loans, advances and financing
5,301,508
3,151,128
EXIM Bank Annual Report 2013
127