OREANDA-NEWS. On November 14, 2008 B.I.N.BANK has completed the second stage of the project related to introduction of the risk-management system and support of decision-making process in retail business to be implemented jointly with Experian company, reported the press-centre of B.I.N.BANK.

As a result the system for support of overdue debt collecting – Collect SM – was launched. This system enables the Bank to improve the quality of overdue debt collecting that will result in enhancement of the Bank’s retail loan portfolio. In the framework of the project some new strategies for debt collecting were elaborated. The appropriate software was installed at the employees’ workplaces alongside with the necessary training programs.

It should be recalled that in 2007 B.I.N.BANK completed the first stage of the project for introduction of the decision-making system for retail products on the basis of scoring technology Transact SM.