Work flows and decision models tailored to the characteristics and requirements of customers in the small business segment were created. Greater speed was achieved in assessing and finalizing loan applications and operational costs were reduced.
Credit decision models based on data and statistical modeling are used in credit allocation processes. Through the use of credit decision models, internal ratings in conformity with Basel II directives are calculated and probabilities of default are estimated statistically and more accurately. As a result of these practices, efficient credit management is achieved for the Bank while, at the same time, a credit system that meets small business requirements and provides quick response has been put into place.
Freedom Banking
