Generative artificial intelligence is transforming credit assessment in banking by automating the creation of credit memos, consolidating data from diverse sources, and enabling real-time risk analysis. GenAI enhances efficiency, accuracy, and consistency while reducing manual effort and operational costs. Advanced AI agents manage complex assessment tasks, allowing teams to focus on strategic decision-making and client engagement. The adoption of GenAI sets a new standard for faster, smarter, and more resilient banking operations, amplifying human expertise rather than replacing it.