Best Credit Risk Technology Implementation goes to Industrial and Commercial Bank of China (ICBC)

The winning bank’s Credit Risk Monitoring System sets a high standard in risk management by incorporating satellite remote sensing, AI, and big data. This innovative system utilizes Natural Language Processing, knowledge graphs, and machine learning that significantly enhanced its operational efficiency and credit risk control, early warning message and reduced the non-performing loan ratio by 22 basis points in 2023.  

For technology advancement in risk monitoring, the award for Best Credit Risk Technology Implementation goes to Industrial and Commercial Bank of China (ICBC).