On August 1, 2023, LankaBangla Finance Limited launched the Online Credit Approval System (OCAS) to provide loans to CMSME entrepreneurs nationwide, leveraging their digital platform. On the special occasion, Mr. Khwaja Shahriar, the Company’s Managing Director & CEO, began the ceremony by launching the software. LankaBangla Finance’s Mr. A.K.M. Kamruzzaman, FCMA, Head of Operations; Mr. Md. Kamruzzaman Khan, Head of CMSME; Mr. Sheik Mohammad Fuad, Head of ICT; Mr. Mohammad Nazmul Hasan Tipu, CFA, Chief Credit Officer and other senior officials of the Company were also present in the inauguration ceremony.
Now the CMSME entrepreneurs in our country can easily apply for LankaBangla CMSME Loans online for their business innovation, management, and expansion with the help of this CMSME Credit Approval System developed under the full supervision of LankaBangla Finance’s ICT Division. Starting from application to loan processing, the entire step-by-step processes will now be managed with the assistance of CMSME OCAS. Every step and action linked to loan processing will be completed in an organized way using digital technology without any complications. Moreover, it should be emphasized that LankaBangla Finance will initially start to provide the “Unsecured Loan” service in collaboration with CMSME OCAS platform.