Affin Bank has awarded the Collection Management System project to JurisTech.
JurisTech is providing the proven Juris Collect system for Affin Bank. It will be used to manage the delinquent accounts in Affin Bank’s retail portfolio. JurisTech was chosen because of its excellent track record and leading edge collection technology with advanced scoring and predictive functionality. This system will also provide sophisticated financial modeling and prediction capabilities for compliance with Bank Negara’s FRS-139 reporting standard for impairments.
Affin Bank Berhad (AFFINBANK) is a wholly-owned subsidiary of Affin Holdings Berhad which is listed on Bursa Malaysia.
It commenced operations in January 2001 following a merger between the former Perwira Affin Bank Berhad and BSN Commercial (M) Berhad in August 2000. In June 2005, it merged with the former Affin-ACF Finance Berhad. To date, it has a network of 82 branches nationwide. The Bank is constantly reviewing the geographical reach of its branches to better serve its customers. Towards this end, the Bank is on constant look-out for more strategic locations for the existing branches and to relocate if deemed appropriate.
The Bank serves both retail and corporate customers. The business units of the Bank comprise Enterprise Banking, Consumer Banking, Debt and Capital Markets and Hire Purchase. Consumer Banking provides credit cards, personal loans, mortgages and deposit taking services to individuals. Enterprise Banking offers corporations, institutional clients and SMEs services in corporate banking, contract financing and trade finance. Enterprise Banking serves as an important feeder to the other business units by way of contacts and opportunities.