CSB Bank Ltd. Digitizes its Trade Finance platform with Kyzer Software’s TradeZone !

Jul 12, 2023

CSB Bank Ltd. Digitizes its Trade Finance platform with Kyzer Software’s TradeZone !

CSB Bank Ltd  partners with Kyzer Software to automate its Trade Finance platform increasing efficiency and competitiveness while reducing costs.  Providing an improved digital experience to its clients, the bank has selected KYZER’s flagship Trade Finance workflow product - TRADEZONE - to strengthen its offerings in Trade Finance and gain a higher market share. The solution will automate internal processes thereby improving efficiency and competitiveness, reducing costs and generating additional revenue streams for the bank.

In his message, Mr Aman Singla, Head Transaction Banking Group, CSB said “CSB's customers expect their bank to offer a digital experience similar to what they see in other areas of their lives. Our teams are working to improve the overall service delivery to clients – both on the retail and corporate front. By investing in agile technology solutions like Kyzer’s TradeZone, we are developing our product offering to be more attractive and competitive to our customers in the long run.”  

Erhard Rodrigues, CEO, Kyzer said “It’s crucial that traditional banks adopt digitization & automation to improve their overall business & operational capabilities for a better client experience. To adapt and succeed, they need agile applications in line with changing trends and regulations.Tradezone provides banks internal & external customers an improved, functionality-rich experience with their Trade transactions. Today CSB can be agile, competitive and more efficient in their Trade Finance service delivery to clients, helping them be more competitive and increase market share.”


About CSB Bank:

CSB Bank Limited had its modest beginning in November 1920 and is currently the oldest private sector bank in Kerala. During this century long period, the Bank has grown from strength to strength.  Today, the bank has 704 branches (excluding three service branches and three asset recovery branches) and 534 ATMs (including onsite and Offsite) spread across 16 states, 4 union territories.

Currently they have a client base of more than 2.15 million customers. CASA portfolio constitutes 32.18% of our total deposits as on 31.03.23. With the intention of making the right proposition to the right customer at the right time, tailor made banking products have been designed to cater to the specific banking needs of various sections of the society. The Bank currently has four principal business areas, namely, (a) SME Banking, (b) Retail Banking, (c) Corporate Banking and (d)Treasury Operations.

https://www.csb.co.in/

Lets transform your banking automation journey together