PBB gets retail banking module

MANILA, Philippines - Thrift bank Philippine Business Bank (PBB) has selected the customer acquisition system (CAS) retail module of Nucleus Software, which will empower the bank’s consumer lending division, including consumer loans like salary, auto and mortgages, across its 55 branches.

With its vast functionalities and domain expertise, the retail module will automate the bank’s loan origination process, leading to higher productivity, efficiency and flexibility to meet market requirements.

After the implementation, the bank will be able to undertake online credit evaluation and tracking of application forms. “Our aim is to stay ahead of the curve in the country’s consumer lending space.

By assisting our systems with flexibility in launching new products and credit evaluation, it will allow us to go more aggressive in the consumer segment and penetrate the consumer lending market more effectively,” Danilo A. Alcoseba, PBB president and chief executive officer, said in a statement.