Skip to main content

We'd prefer it if you saw us at our best.

Pega.com is not optimized for Internet Explorer. For the optimal experience, please use:

Close Deprecation Notice

Case Study

Rabobank redefines lending for the digital era

"We want to help people prepare for the future. So more digital, straight-through processes and better customer experience. That’s where Pega comes in and Pega stands out."

The Business Issue

Rabobank serves 9 million clients globally and owns more than 40% of the corporate lending market in the Netherlands. To stay competitive in a digital-centric world – and remain true to its mission of putting customers first – the bank needed to streamline its slow, paperwork-heavy commercial loan and lease processes.

The Solution

Rabobank used the low-code Pega Platform to digitize commercial lending and leasing, automating administrative tasks for increased speed, flexibility, and efficiency.

The Results

  • Simplified the complexity of the lending processes and rationalized the products and collateral requirements
  • Reduced the loan approval process from several weeks to 24 hours, and lease approval to just 60 seconds
  • Streamlined loan application requirements from 10 documents to three
  • Achieved cost savings of $80 million a year
Share this page Share via x Share via LinkedIn Copying...

Related Resources

Rabobank provides world-class customer experiences.

Scotiabank: Accelerating engagement with agile AI.

Mizuho Bank: Reengineering the Processes of a Global Corporate Business.

Pega Platform

Trusted by global companies for rapid and scalable enterprise-wide, transformational deployments.
Learn more

Tags

Industry: Financial Services Product Area: Platform Solution Area: Operational Excellence
Share this page Share via x Share via LinkedIn Copying...