×
App Icon
The Standard e-Paper
Kenya’s Boldest Voice
★★★★ - on Play Store
Download App

Bank of Africa deploys credit risk management solution for East Africa subsidiaries

By Standard Digital Reporter

NAIROBI, KENYA: Bank of Africa has deployed CreditQuest software from a Swiss-based banking IT consulting firm - SOFGEN in a bid to manage credit in all its subsidiaries in Kenya, Uganda and Tanzania. The software helps the bank to mitigate against losses that stem from defaulted loans.

Get Full Access for Ksh299/Week
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in