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JORDAN AHLI BANK
SELECTS EXPERIAN-SCOREX FOR EFFICIENT
AND ACCURATE LOAN EVALUATION
1st
March 2007.
Jordan Ahli Bank -JAB- (previously
Jordan National Bank),
a leading
Jordanian institution and the first national bank to be established
in East Jordan, announces
that it is to implement a fully managed application evaluation
service from Experian-Scorex, the global decision analytics business
of Experian®.
Experian-Scorex´s turn-key solutions will enable Jordan Ahli Bank to
accurately assess the risk of consumer loan applicants and make
fast, consistent decisions about their potential value as customers.
With the solution’s simulation capability, Ahli Bank will also be
able to evaluate business scenarios to calculate the impact of
potential changes and assess the effectiveness of its lending
strategies.
This
set of solutions was chosen after an extensive vendor evaluation
where Ahli Bank’s main goal was to establish an automated system
that could respond to the client within seconds. Experian- Scorex´s
web-based solution enables the bank to process online applications,
in real-time and in a user-friendly way. This will be piloted in two
selected branches in February, and then rolled out to the entire
Ahli Bank branch network.
Deema M. Akel, Jordan Ahli Bank’s Head of
Group Risk Management, commented: “Experian- Scorex´s solutions have
met our requirements to enhance our retail credit risk management
and they also provide us the chance to extend the collaboration for
further developments. Jordan Ahli Bank has a very ambitious plan to
become a world class financial institution and we are very pleased
to collaborate with Experian-Scorex to help us achieve our
objectives.”
Bijan
Matin, Experian-Scorex´s Business Development Manager for the Middle
East, said: “The banking industry has made great progress in the
Middle East in the past few years thanks to the leading role of
banks like Jordan Ahli Bank. This collaboration reinforces our
commitment to the region, which will benefit from a world-class
credit risk management system. Our goal is to continue contributing
our business expertise and technical support to assist the
development of the area.”
About
Experian-Scorex
Experian-Scorex is the global decision analytics business of
Experian®. Its enterprise-wide solutions combine data
intelligence, predictive analytics, decision-enabling technologies,
strategy optimisation and consulting services to enrich client data
and allow organisations to maximise profitability and performance
from their customer relationships.
Experian-Scorex works closely with clients in more than 60 countries
across diverse industries, including financial services,
telecommunications, retail, leasing, automotive, insurance and
utilities, enabling them to make billions of customer-focused
decisions annually.
As
part of the global Experian Group, Experian-Scorex has more than 30
years experience of managing bureau data, adding intelligence to
that data and delivering analytical solutions. It maintains
connectivity with more than 70 credit bureaus around the world and,
with offices worldwide, is uniquely qualified to support local,
national, regional and global businesses.
For
more information, visit the company’s website at
www.experian-scorex.com.
Experian Group Limited is listed
on the London Stock Exchange (EXPN) and is a constituent of
the FTSE-100 index. It has
corporate headquarters in Dublin, Ireland, and operational
headquarters in Costa Mesa, California and Nottingham, UK. Experian
employs more than 12,500 people in 34 countries
worldwide, supporting clients in
more than 60 countries. Annual sales are $3.1 billion
(£1.7bn/€2.5bn).
For more information, visit the
Group's website on www.experiangroup.com.
The word 'Experian' is a
registered trademark in the EU and other countries and is owned by
Experian Ltd and/or its associated companies.
About Jordan Ahli Bank
Jordan Ahli Bank (previously Jordan National Bank) was established
in 1955 and was
the first national bank to be established in East Jordan. Ahli Bank
was the sixth public shareholding company to be established in the
Hashemite Kingdom.
For 50 years, the bank has been a
leading player in the financial services industry in Jordan and
beyond. Since its formation, the bank has grown successfully and
greatly in terms of its scale, scope and complexity. At present, the
bank is a leading Jordanian institution, with a steeped national
history and heritage, and with a presence in Lebanon, Palestine,
Cyprus, as well as a 19% stake in JIB (London).
For more information, visit the
Banks's website on
www.ahli.com
Sorouh enters Morocco: Abu
Dhabi's Sorouh Real Estate is to enter the North African market and
is already working on a project in Morocco called Bab Al Bahr near
Rabat, Sorouh's Marketing and Communications Director Kevin Storey
said a number of other Abu Dhabi based firms had also been
approached about possible involvement. The master plan is still
being developed and Storey would not be drawn on values or
time-scales.
Morocco a film mecca for Hollywood productions: Reporter Borys Kit wrote: At
this time of year, Morocco resembles Los Angeles with its pleasant
days and cool nights. But when it comes to filming, the country is
hotter than ever.
Paramount Vantage's "Babel,"
New Line Cinema's "The Nativity Story" and MGM's upcoming "Home of
the Brave" have shot there in the past year -- as did an episode of
CBS' "The Amazing Race." Universal Pictures' "Charlie Wilson's War"
just finished shooting there, while New Line's "Rendition" and
Warner Independent Pictures' Paul Haggis mystery thriller "In the
Valley of Elah" are lining up shoots in the near future.
The main reasons are subject
matter and safety. In the post-September 11 world, most U.S. movies
that deal with or are set in the Arab world have found their options
for location shooting limited because of safety concerns. And
Morocco has been the beneficiary.
"It's as safe a place as any,"
producer Steve Golin says. "It's a kingdom, and there's really
really strong security there, and you feel safe."
Golin produced "Babel," about
60% of which was shot in Morocco, and is in production on
"Rendition," a thriller about an extracted Muslim national starring
Jake Gyllenhaal and Reese Witherspoon.
"Rendition" didn't go to Dubai
because that Saudi peninsula country doesn't have the look of a
typical Middle East country -- instead, it has an aura of blazing
white, oil-rich modernity -- and Egypt was considered but eventually
was thought of as "too dicey."
"Everybody is concerned about
safety" when it comes to filming internationally, Golin says.
"Rendition" will be looking to
shoot at a large prison and a university and is working out the
logistics for a scene involving a bombing at a roundabout traffic
circle.
Irwin Winkler decided to film
his Iraqi war drama "Home of the Brave" in the Moroccan town of
Ouarzazate after learning that William Friedkin shot "Rules of
Engagement" there in 2000.
"It is an Arab and Muslim
country. The people and the buildings were exactly what we needed as
far as atmosphere and background," Winkler says.
The director's biggest obstacle
wasn't the weather, laws or language but rather learning some of the
customs. "When we went to somebody's house to put a camera in, they
insisted on us having tea first," he says. "And they have very nice
customs there, but we were itching to get in and out."
Winkler, like Golin, praised the
strong infrastructure, with its seasoned crews and state-of-the-art
soundstages, that has grown exponentially since the 1990s, when
Ridley Scott shot "Gladiator" there. Scott since has come back to
Morocco for "Black Hawk Down" and "Kingdom of Heaven."
In fact, if anything, there's so
much production, particularly in Ouarzazate, that filmmakers are
tripping over themselves.
"When we were there with
'Babel,' they were doing 'The Hills Have Eyes 2' and some Moses
miniseries with Omar Sharif," Golin says. "So you're at the pool of
the hotel and there are four other movie crews there."
He adds: "You get tired of your
own crew after awhile, so it wasn't so bad."
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