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Preparing your financial institution to manage loan workouts, loan modifications

Abrigo

Loan performance since 2020 Chart 2. Learn how credit unions can manage capital levels amid credit stress. In addition, financial institutions in the third quarter have boosted provisions to create increased allowances for credit losses, whereas a year ago, the release of previous provisions was benefitting net income.

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Twenty Action Priorities for Credit & Collections Managers

Trade Credit & Liquidity Management

No management role is exempt. This is particularly true for Credit Managers. By its nature, the credit and collections function requires advance planning and strategies to meet aggressive targets, how best to deploy and develop staff resources, and to provide continuous process evaluation and improvement.