The Asian Banker

CREDINS Bank selects PROFILE's Collection solution
Nov 06, 2013

October 31st 2013 - PROFILE Software, an international financial solutions provider, announced today that CREDINS Bank, a leading financial services organisation in South-East Europe, has selected PROFILE’s Collection to effectively manage its banking operations regarding the area of debt recovery and collection processes.

CREDINS Bank, a dynamically expanding banking institution, positioned among the five largest banks in Albania, selected Collections as a Debt Recovery solution due to its rich functionality and flexibility after an international collections systems’ evaluation. Collections will assist CREDINS Bank to streamline the entire collection process aiming at reducing write-offs, improving cash-flow, reducing provisioning whilst enhancing the Bank’s customer relationships facilitating future selling opportunities. Collections is a state-of-the-art solution designed specifically for Banks, which meets the complex and regulated Debt Recovery requirements of the Banking sector, under workflow conditions which secure the full synchronization of the Debt Recovery solution with the Bank’s legacy systems, especially regarding the non-performing debts.


Re-disseminated by The Asian Banker

Categories: Technology & Operations
Keywords: CREDINS Bank, PROFILE Software

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