Bank Windhoek Selects Scorecard Development from PIC Solutions
Released on = August 16, 2006, 10:03 pm
Press Release Author = PIC Solutions
Industry = Financial
Press Release Summary = Bank Windhoek Limited, a key player in the Namibian banking industry, has selected PIC Solutions to develop an application scorecard for their Home Loans portfolio.
Press Release Body = Cape Town, 17 August 2006 - Bank Windhoek Limited, a key player in the Namibian banking industry, has selected PIC Solutions to develop an application scorecard for their Home Loans portfolio.
Bank Windhoek provides a comprehensive range of consumer credit products to their retail and commercial banking clientele. As part of the Bank's ongoing commitment to improving their profitability, Bank Windhoek has contracted with PIC Solutions to enhance their scoring expertise.
During this analytical project, the PIC Solutions predictive modelling team will work closely with Bank Windhoek to ensure the successful implementation and ongoing usage of the application scorecard.
Frances van Zyl, Head of Credit Risk at Bank Windhoek Limited, comments, "PIC Solutions has extensive understanding of the banking industry and the dynamics of our business. Their scoring expertise and advice led us to sign-up for a new scoring solution for our home loans portfolio. We look forward to working with PIC Solutions on this assignment and effectively using the new scorecard to minimise our business risk and improve our credit decisioning process."
Eva Neves, Senior Consultant at PIC Solutions, adds, "PIC Solutions is committed to providing turnkey credit risk solutions that cater for the ever-changing needs of the credit industry. We are pleased that Bank Windhoek has selected us for an enhanced scoring solution and we look forward to working with them to ensure that the scorecard provides significant business benefits."
About PIC Solutions PIC Solutions provides consumer credit solutions to a wide range of blue-chip organisations. We are experts in the fields of credit, risk and software and have an established track record of success powered by solutions.
Our ongoing commitment is to enable clients to optimise the credit life cycle.
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