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22. Risk management (continued)
22.2 Credit risk (continued)
22.2.1 Analysis of risk concentration (continued)
Gross maximum
exposure
2024 2023
Undrawn loan commitments 7,426 8,744
Acceptances 2,711 2,044
Guarantees and indemnities 357 474
Letters of credit 655 694
Total 11,149 11,956
Total credit risk exposure 120,852 116,145
Where financial instruments are recorded at fair value, the amounts shown represent the current credit risk
exposure but not the maximum risk exposure that could arise in the future as a result of changes in values.
a Industry sectors
The following table shows the risk concentration by industry for the Group. Additional disclosures for credit
quality and the maximum exposure for credit risk per categories based on the Group’s internal credit rating
system and year-end stage classification are further disclosed in Notes 4 (d) and 5 (c).
2024 2023
Government and Central Government Bodies 23,216 27,616
Financial sector 17,841 13,938
Energy and mining 2,143 2,401
Agriculture 499 409
Electricity and water 994 648
Transport, storage and communication 2,030 1,686
Distribution 5,918 5,529
Real estate 7,417 8,221
Manufacturing 3,753 2,948
Construction 5,046 4,336
Hotel and restaurant 1,874 1,440
Personal 37,479 35,092
Other services 12,642 11,881
120,852 116,145
Credit exposure with state-owned bodies have been categorised according to the service offered by the
organisation rather than within ‘Government and Central Government Bodies’.
