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2008-04-01
The basketball players of Žalgiris club presented the first instant consumer loan with attractive interest rates
It is already for the fourth season that Žalgiris club sponsored by Bankas SNORAS and the bank itself are unified by victories, endeavour to obtain the best results, quality and speed. During the special offer "Žalgiris basketball player in SNORAS mini-outlet", the basketball players presented Bankas SNORAS innovation - a consumer loan issued immediately in the instant credit card SNORAS SuperCard. The special campaign took place in ten Lithuanian cities: Vilnius, Kaunas, Klaipėda, Šiauliai, Panevėžys, Alytus, Mažeikiai, Tauragė, Marijampolė, and Utena.
The players of Žalgiris basketball club Dainius Šalenga, Marcus Brown, Eurelijus Žukauskas, Paulius Jankunas, Mamadou N'Diaye, Marko Popovic, Mantas Kalnietis, De Juan Collins, Jonas Maciulis, Damir Markota and Arturas Mikalnis for a few minutes became bankers and, being assisted by the bank's specialists, they were providing services to clients. Later the sportsmen said they were convinced that in providing banking services, just like in playing on a basketball court, professionalism, speed and accuracy are highly important. In their opinion, the new services of Bankas SNORAS totally fit these criteria. Having implemented FinMaster system, which has a completely automated loan management, from now Bankas SNORAS issues instant consumer loans immediately, during one visit in the bank. The consumer loan is provided in the instant credit card SNORAS SuperCard with the interest rates which are counted at 6.8 per cent.
"Bankas SNORAS instant consumer loans in the Lithuanian market are distinguished by speed and attractive interest rates. We desire to disprove the conviction that an instant loan can be obtained only for especially high interest rates. The system automating all loan processes allowed to ensure in Bankas SNORAS the merge of the two seemingly incompatible factors - speed and attractive cost of loans. The evaluation of the client, who desires to obtain a consumer loan, is automated in the electronic databases, without human interference; therefore the process of issuing a loan is reduced by more than 3.5 times. Moreover, this system considerably minimizes the number of the documents which must be submitted by the clients taking a loan", Žoržas Šarafanovičius, Deputy Chairman of Bankas SNORAS Management Board, Director of Business Development Division, maintains.
Bankas SNORAS has learnt from the European banking leaders' experience and implemented it in Lithuania - the bank was the first one to have installed the automated loan management system. FinMaster system is analogical to the technological solutions which are used in such banks as Citibank, Raiffeisen Bank or UniCredit Group. It allows Bankas SNORAS to join the line of the highest international standards.
According to Ž. Šarafanovičius, the system automating the loan issuance processes is also attractive because it creates conditions for a more advanced credit risk management - it guarantees a consistent assessment of the clients' risk. The clients can also benefit from it, because loans are granted by taking into consideration their financial capabilities.
Bankas SNORAS invested LTL 2.2 million in FinMaster - the most advanced system of loan management in Lithuania. FinMaster system performs the process of the loan application assessment (consisting of more than 200 operations) in just several minutes. The employee time allotted for processing one consumer loan becomes 3.5 times shorter, while annually the system allows the bank to save 10,000 working hours of the bank's employees.
Marcus Brown
Having become a banker for a short time, Marcus Brown,
a full-back of Žalgiris basketball club, was gladly giving
his autographs to the gathered residents of Kaunas city.

E. Zukauskas
E. Žukauskas drew the banker's experience in Bankas
SNORAS Klaipeda branch.

Collins
V. Vaškevicius, the director of Marijampole branch, is
accompanying De Juan Collins so that he would try the
work in the banker's chair.

Salenga
D. Šalenga was working in the saving outlet of Vilnius
branch founded in Akropolis trading centre.

Mamadou N'Diaye
In the bank's unit, founded in Babilonas trading centre
in Panevėžys city, a manageress was training
Mamadou N'Diaye to perform banking operations and to
service clients.

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Fax: + 370 5  232 7300
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