Iscore Launches new platform for banks
The Egyptian Credit Bureau (Iscore) has introduced its new “Market Analytical Data” platform, designed to help banks evaluate, monitor, and analyze the performance of their loan portfolios in comparison to the banking sector and competitors over 12 months, according to the company's announcement.
The platform allows for the monitoring and analysis of credit products, including the number of customers who have obtained them, the limits granted, and their usage relative to market and competitor benchmarks.
Additionally, it offers data classification through graphical distributions, segmented by customer type and age group.
The platform encompasses various types of credit facilities, such as car loans, credit loans, and personal loans, enabling banks to assess their market share and competitive position.
The new platform aids risk departments in identifying strengths and weaknesses, allowing for both rapid and accurate proactive measures. It also provides a comprehensive assessment of loan portfolio performance.
Furthermore, the platform is user-friendly and accessible via a web application that features charts and comparison tools.
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