KENANGA ANNUAL REPORT 2020

185 ANNUAL REPORT 2020 // KENANGA INVESTMENT BANK BERHAD 9. LOANS, ADVANCES AND FINANCING (CONT’D.) 9.2 Impairment allowance for loans, advances and financing are as follows (cont’d.): (a) Term loans and subordinated term loan (cont’d.) An analysis of changes in the gross carrying amount and the corresponding ECL allowances in relation to term loan is as follows (cont’d.): 2020 Group ECL allowances Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 As at 1 January 1,183 - - 1,183 New assets originated or purchased 330 - - 330 Assets derecognised or repaid (excluding write-offs) (578) - - (578) Impact of net measurement (716) - - (716) Changes in model assumption or methodology 2,840 - - 2,840 As at 31 December 3,059 - - 3,059 2019 Group ECL allowances Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 As at 1 January 815 - - 815 New assets originated or purchased 919 - - 919 Assets derecognised or repaid (excluding write-offs) (473) - - (473) Transfers of stages (78) - - (78) As at 31 December 1,183 - - 1,183