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Follow on Google News |  Italian Banks to be Saved by AESApollo enterprise solutions, ltd. Markets credit collection software to major italian banks hit by credit downgrades
By: Apollo Enterprise Solutions, Inc. Most Italian banks have had to drastically reduce credit to small businesses and consumers due to an exponential rise in defaulted credit. Most banks have seen a four-fold increase in bad debt since 2007, at the start of the economic crisis, and there does not seem to be any long term solution on the horizon. “We feel our software solutions can help the Italian banks maintain their consumer credit customers while providing greater financial return on such portfolios,” AES’ commitment to the EU market, in particular Italy and Spain, is demonstrated by their alliance with key consultants in both countries and the recent opening of offices in Milan and Madrid, respectively. About AES AES delivers "Big Data" Solutions utilizing Agent Emulation® technologies, which provide superior economic returns and data analytics for consumer and business credit portfolios. AES' patented TRUE™ System empowers consumers to self-serve on a highly individualized basis according to their personal profile. Consumers are empowered to take positive financial actions to resolve their situations using any device, at any time. AES' patented TRUE™ System helps banks and financial institutions achieve significantly improved operational effectiveness and large increases in profit, while enhancing the customer experience and brand loyalty. More information about Apollo Enterprise Solutions, Ltd. (AES:BH; OAL:GR) is available at http://www.aestrue.com. AES Contact: USA Sha'Dona Brewer Marketing & External Communications (562) 513-3723 sbrewer@aestrue.com Europe Luca Bensaia Director, Investment Banking +44 203 282 7596 Luca.bensaia@ End
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