| Customers: East Bank
Contractors: National Bureau of Credit Histories (NBCH) Product: FICO Fraud ScoreSecond product: NBKI-AFS (Anti-Fraud Service) Project date: 2016/04 - 2016/08
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On October 21, 2016 the National Bureau of Credit Histories (NBCH) announced expansion of use of scoring model of NBKI in structure of Vostochny bank.
Project Tasks
The Vostochny bank uses industrial scoring of NBKI for assessment of credit risk in all segments of retail lending.
 | Use of scoring model of NBKI allowed us to increase as much as possible efficiency of procedures of the analysis of borrowers at the minimum costs. Industrial scoring of NBKI showed stability of work and good forecast force that gave the chance with a bigger accuracy to identify fair and responsible clients who can always expect more attractive conditions in our bank. Moreover, after comprehensive testing of this scoring model on own customer base, we decided to estimate with its help credit risk of borrowers on all retail credits issued by bank. |  |
Action of Vostochny bank, (2011)
Project Results
| | Increase in efficiency of risk assessment in retail lending - in interests of both creditors, and borrowers. Use of the scoring FICO model helps to solve a problem of quality improvement of crediting and more uniform distribution of credit load of the population. Adding of scoring of NBKI bureau in own model of decision-making gives fast and notable effect, both in terms of controllability credit risks, and in an issue of improvement of a financial result of the creditor. | |
| | The situation stimulates the Russian creditors to increase in control for risk profile of the borrowers in retail lending both at a stage of consideration of credit requests, and in the analysis of the operating portfolio. Advantage of scoring of FICO consists in a unique mathematical apparatus which allows to use extensive data of NBKI with the maximum accuracy. | |
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