OTP Bank Hungary
OTP, the former Hungarian savings bank, is market leader in the private individual markets and is strongly present on corporate and public markets as well and has in the past 20 years become a key player in Central Europe.
OTP wanted to heavily develop a point-of-sales retail lending activity as well as a credit card product linked to a revolving credit line. All of these new credit products were to be granted and administered using an up-to-date technology fitting the existing environment with web access for merchants.
More than 1 million loans are granted every year with Statlogics’ Credilogic solution since 2004. OTP, today, uses the Credilogic Decision module to apply its credit risk policies and control the risk of retail lending.