Credit Review Committee
Credit Review Committee
The Credit Review Committee is tasked by the Board generally to review all loan applications subject to a pre-determined authority limits and credit risk ratings as may be recommended by the Group Management Credit Committee (“GMCC”). In relation to the proposals which would need the final approval by the Board, these proposals would be reviewed by the Credit Review Committee, prior to being recommended to the Board. The Credit Review Committee is also entrusted to review any director and staff-related loans as well as policy loans. The Credit Review Committee meets weekly.
The current committee comprises of the following members:
- Dato’ Mohd Salleh Hj Harun (Chairman)
- Dato’ Sri Abdul Wahid Omar
- Dato' Seri Ismail Shahudin
- Encik Zainal Abidin Jamal
- Dato’ Johan Ariffin
The specific responsibilities of the Credit Review Committee include, amongst others, the following:
(i) To review all loans approved by the GMCC in respect of applications for fresh or additional facilities, escalated to Credit Review Committee for review and renewal of loan applications; and
(ii) To review, with powers to object or to support proposals recommended by the GMCC to the Board for approval including but not limited to statute and policy loans.
