More NewsIntercontinental Bank Goes Live with FinnOne Banking Solution

Intercontinental Bank Goes Live with FinnOne Banking Solution

Intercontinental Bank, Nigeria has implemented FinnOne from Nucleus Software. The banking solution has automated the bank’s credit origination process and provided end-to-end solutions for retail and corporate loans.

Selected after a thorough evaluation of the various system proposals, FinnOne has enhanced customer service by automating the credit origination, effectively tracking applications, timely disbursements, faster collections, on time income accruals and swift decision-making.

Adebiyi Olayinka, executive director, Intercontinental Bank, said: “Nucleus Software’s FinnOne was chosen after a rigorous selection process for the automation of our credit process. Implementation at the initial stages was not easy but at the end of the day, the choice of the software in terms of its benefits outweighs the challenges. The bank can now process credit online, improve on credit turn around time, achieve objectivity in credit processing/approval and consequently improve on the quality of its risk assets while also achieving dramatic improvement in customer service delivery. This is in addition to ultimately capturing the credit market.”

Related Articles

Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

3m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

4m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

4m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

4m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

4m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

4m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

5m Tasja Botha
FX for corporates: 5 best practices for treasurers

Economy FX for corporates: 5 best practices for treasurers

5m Mateo Graziosi