Cambodia’s Sathapana Bank taps Finbots.ai for enhanced credit risk management
Cambodian commercial bank Sathapana has partnered with Singapore’s Finbots.ai to upgrade its credit risk management capabilities.
The fintech’s credit modelling solution, creditX, will enable Sathapana Bank to build “high quality” credit risk scorecards, accelerate client onboarding and enhance its portfolio management.
Sathapana Bank will be able to better assess the credit worthiness of applicants for personal, home, agriculture and small and medium-sized enterprise (SME) loans, accelerating business growth without increasing risk.
Additionally, the bank will be able to build Behaviour Scorecards on demand, manage portfolios in real-time and take mitigating action resulting in lower credit risks, higher approval rates and greater operational efficiency.
Finbots.ai CEO Sanjay Uppal says the AI platform will “open new opportunities for the bank across their full credit lifecycle and enable them to profitably grow their lending business with adequate guardrails”.
Sathapana Bank has the second largest branch network in Cambodia with more than 170 branches across Cambodia and offers banking and financial services for consumers, businesses and SMEs.