| Publisher | Microsoft | ||
|---|---|---|---|
| Format | WORD | Date added | 05 Sep 2007 |
| Topics | .NET, Application Development | ||
| Downloads | 114 | ||
Nedbank, one of the four largest South African commercial banks, is a major player in the micro and personal loans sector, with a focus on the country's financially underserved and low-income communities. Faced with growing demand, Nedbank Personal Loans looked for an alternative to its paper-based loan-processing system, which was time consuming and inefficient. Nedbank turned to Microsoft Gold Certified Partner Intervate for a business-process automation and workflow solution using the Microsoft .NET Framework development system. As a result, in 2006, Nedbank handled a 107 per cent growth in loans business, with only a 6 per cent increase in resources. Approval time for processing a loan - where the customer provided all information correctly - fell from five days to less than a day.
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