SB Solutions and Everest Bank Forge Strategic Partnership to Automate Lending Process, Propelling Banking Innovation

SB Solutions and Everest Bank Forge Strategic Partnership to Automate Lending Process, Propelling Banking Innovation

SB Solutions Pvt. Ltd, a leading provider of lending automation and process automation solutions, is thrilled to announce a groundbreaking partnership with Everest Bank Ltd, a distinguished financial institution in Nepal. This landmark agreement signifies a significant advancement in streamlining and digitizing the entire lending process, revolutionizing the banking landscape for the end customers.

With an impressive five-year track record, SB Solutions Pvt. Ltd has emerged as a trusted industry leader, delivering cutting-edge solutions like Credit X for lending automation and process automation to banks and financial institutions in Nepal. Through this strategic alliance, Everest Bank Ltd is poised to revolutionize its lending operations by harnessing SB Solutions’ technology.

Under the terms of this agreement, Credit X process management tools will digitize critical processeses of credit underwriting like risk assessment, approvals and document generation. Additionally, ancillary banking processes will be automated and seamlessly connected to the Credit X system ensuring automated property valuation process and automated data exchange with bureaus and reporting bodies.

This transformative collaboration aims to elevate the overall customer experience by providing accurate, streamlined, and expeditious credit processes for end consumers. By implementing Credit X, Everest Bank Ltd will significantly reduce the time and effort required for loan applications and approvals, empowering customers to access credit swiftly and conveniently.

Mr. Sanjog Mishra, CEO of SB Solutions Pvt. Ltd, expressed his enthusiasm about the partnership, stating, “We are delighted to join forces with Everest Bank Ltd in this momentous initiative. Our mission has always been to revolutionize the lending process and empower banks and financial institutions with advanced automation solutions. Through the synergy of our expertise and Everest Bank’s industry leadership, we are confident in our ability to deliver exceptional outcomes and establish new benchmarks for banking excellence in Nepal.”

Mr. Sudesh Khaling, CEO of Everest Bank Ltd, also shared his excitement about the collaboration, saying, “This agreement marks a significant milestone for Everest Bank Ltd. We remain committed to providing our valued customers with seamless banking experiences, and automating our lending processes is a pivotal step toward achieving that objective. SB Solutions’ Credit X offers comprehensive and robust automation capabilities, and we are confident that this partnership will propel us into a new era of efficiency and customer-centricity.”

The signing of the agreement between Mr. Sanjog Mishra and Mr. Sudesh Khaling underscores the shared commitment of both organizations to embrace technological advancements and drive positive change within the banking industry in Nepal.