CIMB standardises loan decisioning and credit scoring system to enhance risk management
Centralisation of CIMB’s business rules and scorecards created greater precision in retail credit loan evaluation and approval decision whilst streamlining workflow processes.
CIMB may be the second largest bank in Malaysia, but the regional universal bank, with total assets of about $105 billion, has differentiated itself through its strong physical presence in the region. Its network of over 1,200 branches across ASEAN gives it perhaps the largest geographical footprint of any bank in the region.
The bank was formed in 2006 following the merger of three leading Malaysian banking and financial institutions—Commerce International Merchant Bankers, Bumiputra-Commerce Bank and Southern Bank. It also owns CIMB Niaga, the fifth largest banking group in Indonesia.…
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Categories: Consumer Credit
, Operational Risk
, Retail Banking
, Risk and Regulation