Dar es Salaam, 16/12/2015. NMB Bank has launched the first ever automation between its Credit Scoring tool and the database of the credit reference bureau (CRB’s) in Tanzania that will see the bank moving from manual way of extracting credit information from the CRB’s. The automation will reduce the turnaround time for processing and issuing retail loans.

 

NMB Managing Director – Ineke Bussemaker speaking to Journalists at a press conference on the launch of theautomation of Simbuka Credit Scoring Tool and Credit Reference Bureau check which will see retail loans processed within 4 days instead of the usual 2 weeks.

 

 

1.       The NMB Chief of Risk – Tom Borghols answering questions from journalists on some of the benefits of the automation of Simbuka Credit Scoring Tool and Credit Reference Bureau check.