Bank of the Philippine Islands (BPI) recently engaged the services of a leading risk management service provider to create a credit scoring model which will allow more Philippine small and medium enterprises (SMEs) to have access to financing.
BPI Business Banking Head Junie Veloso said the agreement with Tongdun International Pte Ltd. – a provider of big data analytical tools that include risk management, anti-fraud and customer value analysis – is also part of the bank’s efforts to intensify its digitalization and its campaign to increase financial inclusion in the country in 2019. (PR)
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