Bank TuranAlem in Kazakhstan to implement scoring models from Experian Decision Analytics.

Bank TuranAlem, one of the leading banks in Kazakhstan, has chosen Experian Decision Analytics to supply scoring models that will enable the bank to automate its new customer acquisition process. Experian’s application scorecards will enable Bank TuranAlem to accurately assess the risk of consumer loan applicants for cash loans, credit cards and automotive loans, and make fast, consistent decisions about their potential value as customers.

Bolat Baimirov, Deputy Chairman of Bank TuranAlem, said: “We are delighted to be collaborating with Experian. By implementing its scoring models, the bank will benefit from improved management of its daily operations, in an environment where the consumer finance market in Kazakhstan is on the rise and where risk management efficiency is the key to our successful performance and protection of shareholder value.”
 
Daniel Zelenski, Head of Experian Decision Analytics in Russia and CIS, said: “The banking industry has made great progress in Kazakhstan in the past few years thanks to the leading role of banks like TuranAlem. This collaboration reinforces our commitment to the region; our goal is to continue contributing our business expertise and technical support to assist further developments with Bank TuranAlem.”

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