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Automation of loan process set to bring speed and accuracy to the loan application

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In a statement released last week, Agribank said the automation of the loan origination process will bring speed and accuracy to the loan application process, better quality and consistency in lending decisions.

The bank recently announced that applications for all available loan products can now be completed online with immediate effect.

“Clients can now apply for loans via the Bank’s website. The new electronic process will enhance transparency and tracking of loans and ensure clear accountability in the handling of applications by the different functions in the Bank. These process improvements are in line with the Bank’s continuing mission to deliver better value to its clients,” they added.

According to the bank, on-line application forms can be accessed directly on the Agribank website: https://www.agribank.com.na