TMB joins Moody’s to upgrade corporate loaning

WEDNESDAY, JULY 04, 2018
|

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.