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06-06-2024 11:21 AM | Source: Accord Fintech
Aurionpro Solutions soars as its arm partners with Yoma Bank in Myanmar

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Aurionpro Solutions is currently trading at Rs. 2195.00, up by 85.25 points or 4.04% from its previous closing of Rs. 2109.75 on the BSE.

The scrip opened at Rs. 2150.00 and has touched a high and low of Rs. 2214.05 and Rs. 2150.00 respectively. So far 135 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2799.65 on 24-Apr-2024 and a 52 week low of Rs. 819.00 on 08-Jun-2023.

Last one week high and low of the scrip stood at Rs. 2294.30 and Rs. 2048.00 respectively. The current market cap of the company is Rs. 6062.31 crore.

The promoters holding in the company stood at 29.91%, while Institutions and Non-Institutions held 7.00% and 63.08% respectively.

Aurionpro Solutions’ subsidiary--Integro Technologies has entered into partnership with Yoma Bank in Myanmar, to revolutionize their SME lending operations. Integro Technologies is a high end, pioneering provider of Lending Platforms that will deploy its cutting-edge SmartLender Commercial Loan Origination solution for the bank.

By leveraging the SmartLender platform, Yoma Bank aims to achieve its business objectives in the SME credit sector. Together with Integro Technologies as the joint implementation partner, the platform will introduce a range of features. These include the integration of a scorecard-based obligor risk rating, financial spreading and analysis, automated approval process based on approval matrix, API-driven interfaces to streamline the SME lending process, robust policy exception and early warning capabilities. These enhancements will lay a solid foundation for Yoma Bank's credit activities, ultimately leading to improved credit risk management, higher asset quality, enhanced customer experience, and reduced time-to-market.

Aurionpro Solutions is an advanced technology solutions company catering to the needs of the banking, mobility, payments and government sectors.