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Unibank introduces artificial intelligence in credit scoring

... crediting conditions meanwhile saving time and resources. In 2014, Unibank was one of the firsts in Armenia to completely exclude human factor in loan application review process and to make it automatic by using the newest CRM system developed by Protobase Laboratories company. By 2019, Unibank had processed more than 480 thousand applications with the help of the credit conveyor and provided an answer to the clients within a minute. “With the introduction of Artificial Intelligence, Unibank ...

05/21/2020


Unibank’s loans – support for business at the right time

... David Petrosyan, Director of Corporate Business Promotion and Sales at Unibank. “Unsecured +” loan is issued in AMD, USD and EUR with a maturity term of 36 months. The application loan review process is automated. The Bank’s CRM-system by “Protobase Laboratories” company processes the applications in the shortest possible time. To support its clients in the development of their businesses, the bank offers a special credit card to legal entity and sole proprietor currently having a positive ...

09/23/2019


SME Banking Club awards Unibank Most Innovative Bank 2018 certificate

... was driven by increased operational efficiency and the introduction of innovative solutions designed specifically to service SMEs. Unibank has automated the processing of applications for unsecured loans, using a credit pipeline based on CRM system of Protobase Laboratories. The modular structure of the system can be customized for any task and set all the necessary features of the products. “Modern technologies are changing the approach to financial solutions. The client needs to understand the ...

05/21/2019


Unibank showcases loan products developed for tourism companies at Intour Expo 2019

... and insurance of collateral are required, the bank said. To shorten the procedure for processing of applications for unsecured loans and make it more convenient for customers, Unibank has automated the entire process. The bank uses the CRM system of ProtoBase Laboratories to process applications for business loans. The INTOUR EXPO 2019 exhibition is an important event in the world of tourism not only in Armenia, but also in the region. The event is supported by the Ministry of Economic Development ...

04/26/2019


Applications for Unibank’s consumer loans increase 18% to 470,000

... Unibank’s «credit conveyor» processed more than 470 000 applications for consumer loans, the press office of the bank reported on Friday. This indicator is more than that of the previous year by 18%. The «credit conveyor» has been developed by «Protobase Laboratories» company. CRM system allows a more efficient client profiling, contributes to the formation of a base of qualified borrowers and reduces lending risks of the bank, meanwhile saving its resources. Human factor is excluded from decision ...

02/15/2019


Unibank’s credit conveyor processes micro businesses’ loan applications in minutes.

... unsecured loans to the tune of up to 2 million drams sought by microbusiness allows it to make loan decisions in minutes, the Yerevan-based bank said today in a news release. Unibank’s credit conveyor is built on the newest CRM system, developed by Protobase Laboratories. Thanks to the automated processes of analyzing the applications, the client’s creditworthiness is assessed as quickly as possible. The response is provided immediately once the application is submitted. A flexible modular structure ...

12/12/2018


Unibank reports 20% rise in the volume of provided consumer loans

... apply to one of its 46 branches, one of its 110 promo points, one of its 500 popular stores or apply online any time. The processing of applications and evaluation of clients’ credit worthiness are automated due to the credit conveyor designed by “Protobase Laboratories”. This system allows making objective profiles of clients excluding human factor. The speed of processing is so high that a minute after sending the application, Unibank’s client will know the possible amount of the loan the ...

08/31/2018


Unibank presented special loans designed for tourism industry at Rest-Hotel Expo 2018

... limits increase the level of availability of loans for the majority of enterprises, according to the bank. The procedure of application processing for non-collateral loans is automated at the bank owing to the use of the innovative CRM- system by “Protobase Laboratories” company. Taking into account the peculiarities of Hotel and Restaurant business, it is also possible to apply for Visa Business card with a revolving credit line to operatively make necessary payments at any point of the world....

06/04/2018


Moneyto moves to the new money transfer platform by ProtoBase laboratories

The London -based Moneyto.co.uk, an international online money transfer company, has moved to ProtoMT, one of the latest products, developed by Protobase Laboratories. YEREVAN, February 15. /ARKA/. The London -based Moneyto.co.uk, an international online money transfer company, has moved to ProtoMT, one of the latest products, developed by Protobase Laboratories. By updating the software,...

02/15/2018


Unibank’s assets exceed AMD 200 billion

... release. The bank’s total loan portfolio grew 13% in 2017, compared with the previous year, to AMD 127 billion. Unibank considers applications for retail loans and unsecured business loans by using ProtoCRM automated system that has been developed by Protobase Laboratories. ProtoCRM allows Unibank to estimate borrowers’ solvency very effectively and to compose clients’ profiles based on the bank’s own statistical data leaving no room for human factor in decision-making process. More than 410,...

01/17/2018


Protobase Laboratories automates Unibank’s overdue debt collection process

... applying to court. This solution significantly speeds up processes, increases the share of overdue debt repayments and at the same time reduces the cost of debt servicing. To automate the process Unibank has made a decision to continue cooperation with Protobase Laboratories, which has proved itself in previous projects as a reliable and stable partner with a flexible customer-oriented approach. Unibank closed the year of 2016 with a loan portfolio exceeding 118 billion drams. The successful activities ...

02/24/2017


Unibank puts into operation Protobase Laboratories’ CRM-system for processing customers’ applications

Unibank has launched automation and centralization of the procedure of processing customers’ applications on the basis of the CRM-system. The project partner is Protobase Laboratories, with which Unibank has been cooperating since 2013 in the spehere of introducing latest IT solutions. YEREVAN, February 6. /ARKA/. Unibank has launched automation and centralization of the procedure of processing customers’ ...

02/06/2017


Unibank introduces new CRM-system by Protobase Laboratories for processing business loan applications

Unibank has automated the process of providing unsecured loans to small business by starting to use a new CRM-system developed by Protobase Laboratories company, the bank's press office reported on Thursday. The aim of the new CRM-system is to increase the effectiveness and quality of customer service, to speed up significantly the decision-making process in providing business ...

01/26/2017


Unibank completes its transition to Protobase Laboratories’ ProtoCRM System

Unibank OJSC has completed its transition to Protobase Laboratories Company’s ProtoCRM system, which belongs to the new-generation CRM system, Mesrop Hakobyan, deputy chairman of the bank’s board and operational services and information systems director, told journalists on Tuesday. YERЕVAN,...

07/19/2016


Unibank introduces ProtoCRM system

The Yerevan-based Unibank said today it plans to completely switch to a new CRM-system, developed by Protobase Laboratories, before the end of May. YEREVAN, March 18. /ARKA/. The Yerevan-based Unibank said today it plans to completely switch to a new CRM-system, developed by Protobase Laboratories, before the end of May. Protobase Laboratories’ ...

03/18/2016


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