Alexey Statsenko: "It is much easier and safer to work with those who keep an information base"
02.12.2011
"Implementation and development of scoring and automation tools in financing greatly reduces the risks for credit institutions. There is no doubt that improving the financing system can improve the banking system, reduce risks and thereby increase profits," said Alexry Statsenko, Key Account Manager of CreditInfo Solutions during the international seminar-conference "Re-Engineering of Finance through Automation Tools, Scoring Solutions and Credit Bureaus".
"It is much more comfortable and safer to work with those who keep an information base, possess the necessary information and data that are based on figures collected at the very beginning of the process: from applications to such data as the timeliness of loan repayment, regular interest payments. At this seminar-conference, our experts will share their vast experience they have gained through practice in the Middle East, Africa, Eastern Europe and the CIS countries.
"The Uzbek financial services market is developing successfully, it is gratifying to note particular attention of the government in this field with special mention on the recently adopted Law of the Republic of Uzbekistan "On the exchange of credit information".
"The introduction of computer processing of applications by banks of Uzbekistan can be called only the beginning of the process and there are still a lot of opportunities to progress. But here we must note the importance of experience of experts, the deeper they are aware of the situation in various foreign markets, the easier is to work in the field. The experience gained will ensure better work with different similar companies, change the mentality of both the lender and borrower, in other words, will provide an opportunity for everyone to speak the same language.
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