1. COVID-19 and Impact on Industries: How to Evolve Your Credit Memos

COVID-19 and Impact on Industries: How to Evolve Your Credit Memos

$99.00
Banking veteran Michael Wear will share real-life credit risk management lessons from previous recessions. You will learn how to evaluate individual industries, adjust credit memos, and take additional steps to protect your institution.
Event ID: 2616659
Recording: Unable to attend? A recording will be available after the presentation.
Date: Wednesday, September 9, 2020; 12 PM Eastern
Duration: Scheduled for 45 minutes including question and answer period.
Presenter: Michael Wear

COVID-19 and Impact on Industries: How to Evolve Your Credit Memos

COVID-19 is affecting many borrowers, causing financial institutions’ loan portfolios and new applications to face increased risk. You need to understand which industries the pandemic is hurting most significantly and mitigate losses now.

  • Which industries are vulnerable? When?
  • What questions should you ask borrowers?
  • How can you vet the responses and factor the borrowers’ answers into your recommendations?
  • How does a recession change this process?
  • How can your credit memos be improved?

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