Launching Bluering SME Credit Management Solution
- Lebanon: Wednesday, September 26 - 2012 at 09:54
- PRESS RELEASE
Bluering, credit automation expert in the banking and financial sector, launched its 'Small and Medium Enterprise' Credit Management Solution. Bluering's new SME Credit Management Solution has been developed for banks interested in targeting the SME market; through an efficient and effective software application that automates their credit process, controls their lending, and reduces associated risks.
SMEs are increasingly becoming a priority in the MENA region, as they form a major driver for today's developing economies.
Financing SMEs by banks will contribute to the economic development in emerging markets.
Bluering's proactive initiative to develop an SME solution for banks came after identifying the need for helping banks accommodate to the increasing SME portfolio, in terms of the huge number of enterprises, as well as optimize their pre-lending decisions.
Bluering SME Credit Management Solution can be tailor-made to serve the bank's requirements, thus empowering entrepreneurship and fostering economic growth.
The SME Credit Solution is the third innovative featured product by Bluering, coming after the success of the two previously launched products: Bluering Corporate Credit and Bluering Retail Credit.
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