BenchMatrix Private Limited has successfully facilitated Askari Bank Limited, in the installation and implementation of its RiskNucleus® Loan Origination Solution in the Bank’s major lending segments (Corporate Banking & Investment Banking, Corporate Leasing, Commercial Banking, Small & Medium Enterprise, Islamic Banking) and Special Asset Management. The innovative software solution has been rolled out in the Bank.
Through digitization of data input, the system will allow Askari Bank to go paperless in major lending segments, enabling quick decision making through a smart and centralized view of proposed and existing credit risks with required securitization and documentation checklist. The comprehensive solution will enable efficiency in loan initiation, approvals, limit monitoring, risk rating and TAT monitoring.
About Askari Bank Limited
Askari Bank was incorporated in Pakistan on October 9, 1991, as a public limited company. Since inception, the bank has concentrated on growth through improving service quality, investment in technology and people, utilizing its extensive branch network which includes Islamic and agricultural banking.