BoI launches digital portal to ease access to credit

The Bank of Industry (BOI) has launched MyBOI, an end-to-end digital portal designed to simplify access to credit and reduce the time and paperwork involved in applying for financing.
The bank said the platform is part of its digital transformation and Credit Process Re-engineering and Automation Initiative, aimed at making development finance more accessible while improving customer experience.
Through MyBOI, customers can register, complete onboarding, undertake impact and sustainability assessments, submit financing applications and track their progress throughout the credit process.
The portal also features automated workflows and secure one-time password (OTP) authentication, a...