The Egyptian Credit Bureau “Iscore” announced the launch of its new “Market Analytical Data” platform, designed to transform how banks in Egypt evaluate and manage their loan portfolios.
According to the bureau, the platform will provide comprehensive insights into market dynamics through the ability to analyze banks’ portfolios in comparison to the banking sector and competitors over a 12-month period.
The newly introduced platform aims to facilitate real-time monitoring and in-depth analysis of various credit products, including valuable data such as the number of customers who have obtained them and limits granted.
Banks will be able to assess the performance of their loans against industry standards and competitors, assessing metrics such as customer acquisition, loan limits, and utilization rates.
It will cover wide range of credit facilities including car loans, credit lines, and personal loans, empowering banks to gauge their market share and competitive positioning accurately.
Key features of the platform also include graphical representations that categorize data by customer demographics and age groups.
The statement added that the platform will support risk management departments within banks by identifying strengths and vulnerabilities within loan portfolios swiftly and accurately.
Accessible through a user-friendly web application, the platform offers intuitive charts and comparison tools, making complex data accessible and actionable for banking professionals across different functions.
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