Notes To The Financial Statements

Back to Financial Statements

17. INVESTMENT SECURITIES

17(a) FINANCIAL ASSETS HELD FOR TRADING MEASURED AT FAIR VALUE THROUGH PROFIT OR LOSS

17(b) DEBT INSTRUMENTS MEASURED AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME

No loss allowance is recognised in the statement of financial position for debt instruments measured at FVTOCI as the carrying amount is at fair value. The table below shows the credit quality and the maximum exposure to credit risk based on the Bank’s internal credit rating system and year-end stage classification. The balances were classified in stage 1 and 12month ECL was calculated hereon.

17(c) DEBT INSTRUMENTS MEASURED AT AMORTISED COST

The table below shows the credit quality and the maximum exposure to credit risk based on the Bank’s external rating system and year-end stage classification. The balances were classified in stage 1 and 12-month ECL was calculated hereon. The amounts presented are gross of impairment allowances.

An analysis of changes in the gross carrying amount and the corresponding ECLs is, as follows:

17(d) EQUITY INVESTMENTS DESIGNATED AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME

The investments are expected to be held for the long term for strategic purposes and have been designated at FVTOCI. There was no disposal during the year. No dividend income was recognised on these investments during the year under review (2020 and 2019: Nil).

17(E) EQUITY INVESTMENT MEASURED AT FAIR VALUE THROUGH PROFIT OR LOSS

Download Report 2021
Sustainability Report