GLFLGujarat Lease Financing Ltd. (India)
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The application tackled a key challenge of GLFL, a subsidiary of Kanoo Group of Companies , which was to get into the market and be Saudi Arabian Monetary Authority (SAMA) compliant before March 2017 to launch their new business within a short timeframe.
With this implementation, GLFL will be able to efficiently manage on-boarding and profiling of new customers, limit management and credit analysis along with handling its enterprise financial accounting and reporting requirements.
(OTCQB: GLFL) and its Great Lakes Bank subsidiary, the companies said.