TMB joins Moody’s to upgrade corporate loaning
Play
TMB Public Bank Co has joined hands with Moody’s Analytics to upgrade its corporate loans system (CLS) to the latest global standards.
TMB signed a memorandum of understanding (MoU) to upgrade its procedures for considering and approving loans to the newest standards used globally, according to a press release on Wednesday morning.
TMB expects the use of artificial intelligence (AI) will shorten response time by over 50 per cent, enabling the bank to provide a better experience, higher efficiency and stronger growth for its corporate customers.
