BKRM uses several of Juris Technologies credit management products to manage their Financing Portfolio and NPLs, including Juris Collect, Juris Origination Management, and Juris Score.
Juris Technologies successfully rolled out Juris Origination Management for Islamic Financing for Bank Rakyat in April 2009.
Juris Technologies delivers a card origination module to process Bank Rakyat's loan applications and credit scoring system in a record-breaking two weeks time.
Thanks to Juris Collect, the rate of NPLs was brought down to 1.2 per cent from 1.9 per cent during the first nine months of 2009 (January to September 2009).
Natsoft (parent company of Juris Technologies) helps Bank Rakyat to set up a new debt collection center and implement an end-to-end Collection, Recovery, Litigation, Asset Disposal, and Agency Management system.
JurisTech is Bank Rakyat's preferred partner in credit scoring solution to ensure satisfactory profit towards meeting dividend payments to its members while charging reasonable profit rates to its members.