AB Bank launches AI-powered e-loan to expand digital lending
AB Bank PLC has launched the pilot phase of "AB e-Loan", an AI-powered digital lending solution integrated into its digital banking platform, AB Direct.
Powered by FlxCred, the platform enables customers to access instant loans through a seamless and hassle-free digital process, with automated approval and immediate disbursement through the AB Direct app.
The solution was developed in partnership with FILPS LTD, a UAE-based technology company.
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To mark the milestone, a launching ceremony was held at the bank's Head Office.
Reazul Islam, Managing Director and CEO (Acting), AB Bank PLC; Mahadev Sarker Sumon FCA, Additional Managing Director, AB Bank PLC; Z M Babar Khan, Additional Managing Director, AB Bank PLC; Daniel Shrestha, Chief Strategy Officer, FILPS LTD, UAE; and Tushar Hasan, Country Manager (Bangladesh), FILPS LTD, were present at the event.
