Armsoft and First Factoring UCO had signed a contract in October 2016. The following subsystems of AS-Bank system were implemented according to the contract:

• Accounting
• Placed loans
• Borrowed loans
• Factoring
• Receivables
• OLAP and reports

   Implementation works were completed in November, 2016. AS-Bank system enables the Credit Organization to manage loan and factoring contracts, keep accounting in accordance with RA legislation and receive reports required by CBA.