Zenit bank automated scoring procedures

On August 1, 2016 the NBKI company announced development of a technique of quality improvement of adoption of credit solutions by Zenit Bank.

Project Results

Experts to development of Zenit Bank developed the technique of increase in accuracy of risk assessment in retail lending based on sharing of data from regular researches of the National Bureau of Credit Histories (NBCH) on a debt load of the Russian private borrowers and scoring of NBKI bureau.

Office of Zenit Bank, (2014)

Simultaneous use of industrial scoring and indicator of the current debt load (DTI) allows to speed up work of bank with retail borrowers at simultaneous minimization of credit risks. It also increases availability of credit proposals of Zenit Bank to fair borrowers who can expect the positive solution at the request for borrowed funds.

Chart of a debt load, (2016)

The ZENIT bank constantly works on improvement of the scoring procedures and models since it is interested in involvement of responsible and fair borrowers. The technique developed by our specialists in case of its further testing and implementation will allow retail banks to estimate more objectively a debt load of borrowers and not to allow its incredible value increasing default probability on all credits including our Bank. Mikhail Pomazanov, head of department of indicators of credit risks, risks of small enterprises and retail products of Zenit Bank

Indicators of a debt load are unique indicators of retail lending which characterize "debt load" and dependence of private economies on borrowing facilities. At the same time, they are applicable not only to each specific citizen, but also to the whole segments of borrowers. Accounting of new data allows creditors not only to protect itself from borrowers with a high probability of a default, but also to increase activity in work with new segments of potential clients. Alexander Vikulin, CEO of NBKI