Case Study: Landesbank Saar achieves faster, paperless credit approvals with Speednet

Landesbank Saar - Customer Case Study

Landesbank Saar, a large German investment bank, needed to modernize its credit approval process. Its loan applications for deals between EUR 20 million and 50 million generated extensive paperwork and manual document circulation, making the process slow and inefficient, especially once COVID-19 accelerated the need for remote, digital operations. Speednet helped address this challenge with a digital transformation initiative focused on depaperizing and digitizing the bank’s lending workflow.

Speednet delivered a fully compatible solution for Landesbank Saar’s system, using Angular and Hibernate to build a streamlined digital credit-granting process. The project improved efficiency across client, bank employee, and investment loan application workflows, and the team brought the solution to the MVP stage. While no exact quantitative results were provided, Speednet and Landesbank Saar successfully replaced a laborious paper-based process with a modern digital one.

Landesbank Saar