CFSL Communique - 11.05.2026
Tuesday, 12 May 2026
The Board of Directors (the ‘Board’) of CIM Financial Services Ltd (‘CFSL’) wishes to inform its shareholders, noteholders, and the public in general that it has approved the issuance of notes for a targeted aggregate nominal amount of up to MUR 2,300,000,000 under its existing MUR 9,000,000,000 Medium Term Note Programme (the ‘Notes’).
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CFSL Abridged Unaudited FS Period Ended 31 March 2026
Tuesday, 12 May 2026
For the period ended 31 March 2026, CIM Financial Services Ltd’s bottom line result amounted to MUR 585.4M.
During the second quarter, revenue level showed some resilience on the back of asset growth. The retail and leasing sectors continued to operate below expected levels, with leasing further affected by lower year-on-year vehicle registrations. As the impact of the war gradually filters through, inflationary pressures remain high on the agenda. Whilst operating costs were contained for the period, a prudent view was taken with respect to allowance for credit impairment, due to the continued economic volatility.
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