article thumbnail

Preparing your financial institution to manage loan workouts, loan modifications

Abrigo

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. Learn more about managing credit risk and examiner priorities in uncertain times. Credit Risk Management.

article thumbnail

The top lending & credit risk blogs of the year

Abrigo

The most-read lending & credit blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. You might also like this resource, Abrigo's "2022 Loan Review Benchmark Survey Results."

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How can credit underwriting help maintain credit quality?

Abrigo

Regulators’ supervisory efforts will continue to focus on credit risk tied to increasing loan volumes and easing standards. Credit analysts, credit managers and chief credit officers can protect the institution by ensuring sufficient controls in the underwriting process through the actions below.

CECL 60
article thumbnail

Loan covenants refresher: What, when, why & how

Abrigo

Understanding what loan covenants are, when financial institutions should use them in business lending, and how to monitor them can support strong lending portfolios and credit risk management best practices. Abrigo can help create effective strategies for your institution.

article thumbnail

Proactive Credit Management in a Fluid Tariff Environment

Trade Credit & Liquidity Management

Key Considerations for Credit Execs Though tariff uncertainty is not currently prompting a rush to secure liquidity, businesses freezing major investments and decisions creates a unique risk environment for trade credit managers. Here’s what to be on the lookout for: 1.

article thumbnail

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.