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UOB taps data analytics to spur lending to Asean small businesses

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Published Thu, Mar 22, 2018 · 09:50 PM

Singapore

UNITED Overseas Bank (UOB) is diving into data to move the dial in credit underwriting for small businesses in Asean.

Its ongoing work over two years in applying data analytics shows it has been able to cut the turnaround time in a small business loan application by more than half.

UOBSingapore banksSMEs

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