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Unibank’s credit conveyor processes micro businesses’ loan applications in minutes.

12.12.2018 18:20

Unibank’s credit conveyor processes micro businesses’ loan applications in minutes.

YEREVAN, December 12 /ARKA/. Unibank’s automated processing of applications for unsecured loans to the tune of up to 2 million drams sought by microbusiness allows it to make loan decisions in minutes, the Yerevan-based bank said today in a news release. Unibank’s credit conveyor is built on the newest CRM system, developed by Protobase Laboratories.

Thanks to the automated processes of analyzing the applications, the client’s creditworthiness is assessed as quickly as possible. The response is provided immediately once the application is submitted. A flexible modular structure can be customized for any existing task, providing the ability to set all the necessary product attributes and change accessibility conditions.

This approach eliminates the human factor when making decisions on granting loans and saves significantly the client’s time. As a result, the bank forms a base of high-quality borrowers and considerably increases the efficiency of the work of the structural divisions of corporate business.
Assistance to business is a priority direction of Unibank’s development. According to a study "The Role of SMEs in the Economy of Armenia-2017" conducted by the European Bank for Reconstruction and Development (EBRD), Armenian SMEs account for 77% of active taxpayers - more than 82 thousand companies, over 95% of which are micro- and small enterprises.

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