KENANGA ANNUAL REPORT 2020

233 ANNUAL REPORT 2020 // KENANGA INVESTMENT BANK BERHAD 35. BAD DEBTS RECOVERED/(WRITTEN OFF) Group and Bank 2020 RM’000 2019 RM’000 Loans, advances and financing 1,316 3,534 Balances due from clients and brokers 145 196 Other debtors (53) (266) 1,408 3,464 36. SIGNIFICANT RELATED PARTY TRANSACTIONS AND BALANCES In addition to the transactions detailed elsewhere in the financial statements, the Group and the Bank had the following transactions with related parties during the financial year. Group Bank 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 Transactions Income earned: Brokerage fees: - Key management personnel 19 - 19 - - Related company 7,308 895 7,308 895 Corporate advisory fees: - Subsidiaries - - 117 117 Processing fees on loans, advances and financing: - Subsidiaries - - 423 250 Management fee income: - Subsidiary - - 86 92 Other income: - Subsidiary - - 87 216 - Related company 265 302 265 302 Interest on loans, advances and financing: - Subsidiaries - - 6,195 4,146