Case Study: Piraeus Bank Group achieves 30% faster data analysis and reporting and stronger credit-risk control with SAS Credit Scoring for Banking

Bank reduces data analysis, report generation time 30%

Piraeus Bank Group, a leading Greek bank, needed to maintain appropriate credit-risk levels and grow during a severe economic downturn while contending with fragmented core systems. The risk team’s challenge was to automate and integrate data management, reporting, and model development/validation to reduce manual effort and speed decision-making.

By adopting SAS® Credit Scoring for Banking — a single platform for data access, predictive analytics, model development and reporting — the bank automated credit scoring and streamlined workflows. This delivered measurable cost and time savings (data analysis and report generation time cut by more than 30%), faster and more accurate decision support, and helped Piraeus strengthen its market position despite the recession.

Piraeus Bank Group

Toula Efthymiou

Director of Credit Risk and Capital Management