Ceska Sporitelna

Client: Ceska Sporitelna                                                            

Challenge: Česká Spořitelna, the largest Czech bank in number of clients, sought to increase offers and acceptance rates on consumer loans without falling into the reduced-margins and high-risk trap that many of its competitors faced.

Solution: By implementing FICO® Decision Optimizer, FICO® Model Builder and FICO® Optimization Modeler, Česká has seen across-the-board improvements in consumer loan amounts, interest rates and application approvals.

Results: Increase in Portfolio Profits by 26%, increase in new sales by 29% and increase in average loan amounts by 8%.