AB Bank launches AI-powered e-loan to expand digital lending
AB Bank PLC has introduced "AB e-Loan", an advanced intelligence-powered d, in a move to streamline access to instant credit for customers through its AB Direct platform.
The pilot phase of the solution is now a live platform, AB Direct.
Developed in partnership with FlxCred, the platform allows customers to access instant loans through a fully digital process, featuring automated approval and real-time disbursement via the AB Direct app.
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The solution was created in collaboration with FILPS LTD, a UAE-based technology company.
A launch ceremony was held at the bank's Head Office to mark the occasion.
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, attended the event.
