Chong Hing Bank Selects Moody’s Analytics Risk Management Solutions
February 12 2017 - 7:30PM
Business Wire
Moody’s Analytics announced today that it has been selected by
Chong Hing Bank (CHB) as a strategic partner for implementing a
comprehensive suite of solutions for the customer credit lifecycle.
These include loan origination and credit risk measurement
technology, as well as risk advisory, training and certification
services.
“We are very pleased to provide Chong Hing Bank with the tools
to succeed in today’s competitive lending environment. Moody’s
Analytics technology, advisory services, and training programs will
help strengthen CHB’s loan origination and underwriting
capabilities,” said Noah Berliner, Managing Director at Moody’s
Analytics.
By integrating the RiskCalc™ credit scoring tool into its
RiskOrigins™ platform, Moody’s Analytics will deliver a combined
solution to streamline CHB’s corporate lending processes and
facilitate better and more transparent loan origination
decisions.
In addition, CHB will implement a tailored learning solution
developed by Moody’s Analytics, which blends an industry-leading
online curriculum with targeted workshops to sharpen staff
analytical skills and promote a more robust credit risk culture.
Staff who complete the program will be issued Moody’s Certificate
in Commercial Credit (CICC), a designation that is recognized by
prominent professional standards associations, including by the
Institute of Banking and Finance Singapore.
“This partnership with Moody’s Analytics will help to
significantly enhance risk assessment processes in our corporate
segment and elevate the risk awareness and expertise of our staff,”
said Rockson Hsu, Chief Risk Officer at CHB. “The modern risk
management tools delivered by Moody’s Analytics provide CHB with an
enterprise-wide corporate lending platform aligned with industry
best practice.”
Learn more about the Moody’s Analytics credit assessment and
loan origination solution: RiskOrigins
Learn more about the Moody’s Analytics credit risk measurement
solution: RiskCalc
Learn more about Moody’s Analytics Credit Training and
Certification programs: Blended Learning Solutions
Learn more about Moody’s Analytics Risk Management Advisory
Services: Advisory & Implementation
About Moody’s Analytics
Moody’s Analytics helps capital markets and risk management
professionals worldwide respond to an evolving marketplace with
confidence. The company offers unique tools and best practices for
measuring and managing risk through expertise and experience in
credit analysis, economic research, and financial risk management.
By providing leading-edge software, advisory services, and
research, including the proprietary analysis of Moody’s Investors
Service, Moody’s Analytics integrates and customizes its offerings
to address specific business challenges. Moody's Analytics is a
subsidiary of Moody's Corporation (NYSE: MCO), which reported
revenue of $3.5 billion in 2015, employs approximately 10,900
people worldwide and maintains a presence in 36 countries. Further
information is available at moodysanalytics.com.
About Chong Hing Bank
Chong Hing Bank (formerly known as “Liu Chong Hing Bank”) was
founded in 1948. The Bank is listed on the main board of the Hong
Kong Stock Exchange. The Bank with its Head Office in Hong Kong and
43 local branches, together with its subsidiaries and affiliates,
offers a wide range of banking solutions to individual and
corporate customers, which include HKD and foreign currency
deposits, credit, wealth management, investment, securities,
insurance, mandatory provident fund and other commercial banking
products. The Bank has branches in Guangzhou, Shenzhen, Shantou and
Macau, sub-branches in Guangzhou Tianhe, Foshan, Nansha and
Hengqin, and representative offices in Shanghai and San
Francisco.
Chong Hing Bank has been a member of Yue Xiu Group since 14
February 2014. Yue Xiu Group was established in Hong Kong in 1985.
As at the end of 2015, Yue Xiu Group had total assets exceeding
RMB400 billion, which is the largest state-owned enterprise group
in Guangzhou in terms of asset size with leading performance in
overall economic efficiency. For other information about Chong Hing
Bank, please go to the Bank’s website www.chbank.com.
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Moody’s AnalyticsKaterina Soumilova, 001.212.553.1177Assistant
Vice-PresidentCorporate
Communicationskaterina.soumilova@moodys.comorHector Lim,
0061.29.270.8141Vice-PresidentAsia Pacific Media
Relationshector.lim@moodys.com
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