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CBS presents LORES Technical Capabilities to Potential Partner Banks

LORES- The Professional Loan Referral System

March 19, 2015 - CBS started the technical presentation phase of LORES, the system which will be used to refer agribusiness loan applications to banks and FI. Meetings with three banks, Banka Kombetare Tregtare (BKT), Credins Bank and Raiffeisen Bank were held while ProCredit and Intesa SanPaolo will be presented in the coming weeks. CBS expects to reach an agreement with at least 2-3 banks, which is expected to boost lending to agribusinesses by 50% through 2015.