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Credit Risk Department

This department sheds light on SIDF’s existing and potential credit exposure by conducting independent reviews and assessments of credit risks. It consists of three main divisions

Credit Risk Division

Carries out independent risk analysis, review and approval for new loan appraisals, and client submissions of loan-related requests.

Special Assets Division

Responsible for handling ‘Special Assets’ portfolio, coordinating with businesses on assessing the credit events in these accounts, and providing consultations on recovery action plans to improve the credit quality.

Audit and Financial Analysis Division

Responsible for ensuring that project costs are in line with those appraised by SIDF. Assures that all disbursements are supported by sufficient documentation and represent actual assets, thereby preserving the interests of SIDF.

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