CFSL Integrated Report 2025

RISK MANAGEMENT

102

Corporate Governance

Statutory Disclosures

Financial

Credit Approval Process Cim Finance's credit approval framework is designed to ensure responsible lending decisions through a balance of delegated authority and timely execution. Approval limits are structured across various organisational levels, based on the customer’s credit exposure and associated risk, and in accordance with mandates set by the Board of Directors. For consumer finance clients, the Group leverages a robust credit decisioning platform, supported by experience-developed application and behavioural scorecards. These scorecards generate credit scores that guide the automated approval of eligible credit finance and personal loan applications, helping individuals and small businesses access the financial support they need within predefined thresholds and eligibility criteria. The scorecard methodology combines historical client data with updated information provided at the time of application. Regular reviews ensure that predictive variables remain aligned with prevailing credit quality and the Group’s risk-return objectives. Applications that fall outside the automated decisioning parameters are referred to an independent credit underwriting team for manual assessment, ensuring that exceptions are evaluated with appropriate diligence and oversight.

AUTOMATED SYSTEM APPROVAL

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System requirements are met, generating approval.

CREDIT UNDERWRITING DEPARTMENT

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Manually assesses and approves credit applications referred by the system. Tiered individual authorities study and approve applications.

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CREDIT

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Reviews and considers for approval the credit exposures that are not within the power of the Credit Underwriting Department.