HOME>SolutionsOn-line Approval system for B-to-B Credit Extension
In order to support the fast and healthy development of a variety of credit extension business, improve bank credit extension management and risk control capability in the banking industry, and in a real sense control credit extension risks from the fountainhead, the head offices of the banks have come up with a unified plan.  According to the unified plan, the first-class branches shall gradually hand their authority in line-of-credit approval and credit extension approval to upper management.  This is a mandatory instruction covering all credit products and all credit sizes.  In cooperation with the Guangdong Branch of a national bank, Visionsky developed a Credit Extension On-line Approval System for corporations and institutions. With the system, a bank can optimize credit approval procedure, strengthen risk control, and standardize credit approval operation, so as to meet the requirements of credit approval centralization.  To build the system, we adopted WEB technology, workflow technology, ETL technology, and lightweight J2EE technological framework (Struts+Spring+Hibernate).  The system’s major functions concentrate on approving line-of-credit and credit extension for corporations and institutions.