Credins Bank is one of the three largest banks in Albania. As of 2021, Credins Bank reaffirmed its position as the first bank in the market for the total net loan portfolio and the second bank in terms of total deposits and assets. Credins Bank currently counts 300K+ clients.
The Bank has established partnerships at the country, division, and regional levels to provide tailored financial solutions to its clients, including innovative products in line with digital trends, financial consulting, and traditional bank financing and investment solutions, all of which are under the leadership of high ethical standards.
Credins Bank was looking to optimize its internal regulatory reporting processes by automating the
calculation of regulatory ratios reported to Bank of Albania and calculation of ECLs in compliance with IFRS9 standard.
To achieve its goal, the bank required the following challenges to be overcome:
To overcome these challenges, Facilization provided the following: