Development of a System for Automating the Process of Lending to Individuals in Banks

Authors

  • Norboev Bekhzod Master's 1st stage student, Karshi branch of the Tashkent University of Information Technologies
  • Golib Berdiev Head of the Department of Computer Systems Karshi branch of the Tashkent University of Information Technologies

Abstract

Numerous software programs are available in the present commercial lending market to meet the needs of both traditional and non-traditional lenders with regard to loan origination and credit assessment. Financial institutions are becoming more conscious of how to improve these aspects of their operations in order to improve client satisfaction and boost productivity, efficiency, and decision-making speed. The newest buzzword in the industry is automation, but what does it really mean? How might automation improve client satisfaction, boost lending officers' efficiency, and expedite the origination of commercial loans?

In order to show how automation may enhance and standardize underwriting methods, we will look at each step of the credit process and discuss the problems with traditional lending techniques.

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Published

2023-12-21

How to Cite

Norboev Bekhzod, & Golib Berdiev. (2023). Development of a System for Automating the Process of Lending to Individuals in Banks. American Journal of Public Diplomacy and International Studies (2993-2157), 1(10), 520–529. Retrieved from http://grnjournal.us/index.php/AJPDIS/article/view/2241

Issue

Vol. 1 No. 10 (2023): American Journal of Public Diplomacy and International Studies

Section

Articles