CFSL Integrated Report 2025

52

Risk Management

Corporate Governance

Statutory Disclosures

Financial

LEASING

WHAT WE OFFER

Vehicle leasing

Equipment leasing

individual applications processed digitally

increase in financing for reconditioned vehicles

increase in financing for pre-owned vehicles

100%

36%

35%

PERFORMANCE HIGHLIGHTS • We closely monitored the automobile market following measures announced in the June national budget, which caused car prices to rise sharply. Despite this, the leasing segment achieved a 2% growth compared to last year. The full impact of budgetary changes is expected to materialise in the coming period. • Demand remained resilient across both vehicle and equipment leasing, supported by increased uptake of green equipment. • We broadened the scope of the green lease category, including asset types such as Photovoltaic (PV) systems, energy-efficient air conditioners, rainwater harvesting systems, and low-energy pumps. • Through strategic negotiations, we successfully onboarded PV suppliers through a collaboration agreement, reinforcing both financial sustainability and partnership strength to expand our leasing demand on the green market. • We adapted leasing solutions to help clients manage tighter budgets, including greater flexibility in repayment terms and customised leasing formulas. We extended payment terms on second-hand vehicles from 12 years to 15 years maturity. • We progressed on the digital leasing journey, enabling self-service applications via QR codes and fully eliminating paperwork for individual leasing. • Key partnerships were renewed with Toyota Mauritius, CFAO Mobility and Bamyris Motors, ensuring continued access to strong dealership networks.

PRIORITIES FOR FY 2026 • Reduce turnaround and processing times through an instant pre-approval feature and continued digitalisation. • Launch a customer self-service portal enabling customers to access balances, statements, and account information independently. • Integrate QR codes within our dealerships to provide clients with immediate repayment calculations and indicative affordability insights. • Launch co-campaign with reconditioned, second-hand car dealers and PV suppliers. • Introduce a leasing marketplace for Mauritians to buy and sell vehicles.

• Finalise and deploy a dedicated scorecard

for individual leasing to strengthen decision-making and the customer experience.