In addition, the three Credit Divisions, namely the Domestic (Corporate) Credit Division, the Group Retail Credit Division and the Group International (Corporate) Credit Division – under the supervision of the Chief Credit Officer – are independent of the credit granting units and the subsidiaries, are involved in the credit approval process for the Group’s corporate banking, retail banking and subsidiaries portfolios, perform an independent assessment of the credit risk undertaking in respect of each portfolio and have the right of veto.