For the period ended 30 June 2022, the Group’s bottom line result amounted to MUR 438.2M, after an allowance for credit impairment. Progress was noted at the revenue level with respect to prior year resulting from an increase in asset base and following the recent acquisition of Tsusho Capital. Total Assets of the Group sat at MUR 19.2Bn at period close.

The Board of CIM Financial Services Ltd ('CFSL') is pleased to announce that following regulatory approval obtained, CFSL has sold its wholly owned subsidiary, Cim Forex Ltd to Swan General Ltd.

CIM Financial Services Limited (hereinafter referred as “CFSL”) invites eligible and qualified bidders having FIVE or more implementations of which at least one in Mauritius or EMEA countries, to express interest for the implementation of a Data Loss Prevention and Data Classification Solution, as more fully described in the Expression of Interest (EOI) document.

Did you know that Africa is one of the most climate-vulnerable continents in the world?  Yet sustainable investment flows account for a mere three percent at the expense of low-income developing countries, hindering them from capitalizing on green investing. According to a study conducted by the Climate Policy Initiative, Africa’s climate change financing requires USD 2.8 trillion each year to implement its Nationally Determined Contributions (NDCs). 

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Notice is hereby given that the Board of Directors of CIM Financial Services Ltd (the ‘Company’) has declared an interim dividend of Rs. 0.11 per share payable in respect of all the ordinary shares of the Company.

We wish to inform you that, as from 1st June 2022, payments will be allowed using cards issued only by local banks on the electronic platforms of CIM Financial Services Ltd.

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On the back of its lending book’s gradual but subdued growth, Cim’s Net Operating Income increased to MUR 1,238.7M for the period under review. The bottom line result of MUR 251.2M included an allowance for credit impairment of MUR 299.3M for its loan portfolio.

CIM Financial Services Limited (hereinafter referred as “CFSL”) invites eligible and qualified bidders having FIVE or more implementations of which at least one in Mauritius or EMEA countries, to express interest for the implementation of an End-to-End Digital Insurance Platform on a software as a service (SAAS) basis, as more fully described in the Expression of Interest (EOI) document.