TBC Bank Adopts GDS Link for Enhanced Credit Decisioning
TBC Bank, one of Georgia’s most prominent banking institutions, has successfully implemented GDS Link to augment and refine its credit decisioning process for both retail and small business lending. A competitive tender, coupled with an extensive review of the bank’s pre-existing practices, paved the way for this significant move. This strategic decision underscores the bank’s commitment to enhancing transparency, facilitating more effective oversight, and exerting greater control over credit policy execution.
Partnership with GDS Link: A Step Towards Flexibility and Adaptability
The collaboration with GDS Link is a strategic move by TBC Bank to usher in a more flexible and adaptable system for product development, particularly targeting digital channels. The first notable outcome of this partnership is the launch of TBC Bank’s retail secured loan product. With this, the risk management teams are now empowered to design and adjust credit strategies within the new platform, showcasing the flexibility and adaptability of the system.
Lela Bibilashvili, the Risk Tribe lead at TBC Bank, expressed her enthusiasm for the partnership, stating, “This partnership represents an important milestone in our credit transformation journey. By adopting GDS Link’s flexible decisioning platform, we have strengthened our ability to innovate across lending products while giving our teams direct control over credit policy design and execution.”
Empowering Staff and Enhancing Processes
Thanks to the new technology, the staff at TBC Bank can independently manage and adapt credit processes across additional products. This reduces the bank’s reliance on specialized IT teams and enables quicker updates. The new system also provides better visibility into decision-making processes, allows for faster policy adjustments, and bolsters the bank’s plans to expand into new products and markets.
Support from GDS Link
GDS Link, a global provider of credit risk management solutions, expressed its support for TBC Bank’s modernization efforts. Lisa Bonalle, the CEO of GDS Link, stated, “TBC Bank is a highly progressive institution with a clear vision for scalable, data-driven lending. We are proud to support TBC Bank as it modernises its credit decisioning environment and empowers its teams to rapidly deploy and evolve new credit products with confidence. This collaboration further strengthens our footprint among leading banks across emerging and international markets.”
As TBC Bank continues its journey towards digital transformation, the adoption of GDS Link’s flexible decisioning platform marks a significant milestone. It not only enhances credit policy execution and transparency but also fosters innovation and independence among its teams.
For more information about TBC Bank’s adoption of GDS Link, click Here
