Dubai - MENA Herald: Pakistan’s largest bank Habib Bank Limited (HBL) is proud to announce its strategic retail analytics programme in collaboration with Qarar, UAE’s leading decision analytics consultancy. With this comprehensive programme in place, HBL will be one step ahead of the industry by utilizing advanced applications and behavioural scorecards developed for the Bank by Qarar.
Both organizations have shared an enduring relationship, whereby Qarar has been developing applications for HBL for the last ten years. Taking this partnership to reach new heights of success through the development of applications as well as behavioural scorecards, the Bank will be better able to execute real-time credit policies management, scoring, and customer decisions with Qarar’s credit decision making software solution – DecisionSmart. Therefore, the programme will also support HBL’s portfolio growth plans and put the Bank at the forefront of proactive customer decision-making in the retail banking environment.
Mr. Zaid Kamhawi, CEO at Qarar, commented, “We are delighted to strengthen our long-standing relationship with HBL Pakistan by demonstrating the value and support that Qarar can bring to the company’s analytical and portfolio development objectives. We have an in-depth understanding of the value that can be generated through analytical decision models, and our ability to combine analytical tools with business insights for decision makers will multiply that value even further.”
Mr. Aamir Kureshi, Head Global Consumer Banking, HBL added, “HBL has set high standards for managing its portfolio quality and this remains a key requirement for all future initiatives. Scorecard development project is also aimed towards achieving higher value to better manage our portfolio and offer our customers value added services/products. This collaboration is a testament of the trust HBL has placed in Qarar for managing and delivering superior scorecards in a timely manner.”