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Generative AI in credit risk management: A game changer for loan review

Abrigo

From paper-ledger loan reviews to digital spreadsheets and now to artificial intelligence, each leap has brought efficiencies that reshape how financial institutions assess credit risk. Generative AI in credit risk management is the latest step forward , offering a transformative approach to loan review.

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Managing credit concentration risk

Abrigo

Effective loan review is a key element of managing concentration risk in loan portfolios. Its a good reminder that in todays environment, risk managers and credit professionals should reexamine how they identify, assess, and communicate portfolio vulnerabilities. Louis Fed shows.

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Writing Effective Credit Memos Efficiently

Abrigo

Yet many credit analysts and lenders still struggle with what to include, what to cut, and how to structure the memo to be useful to decision-makers. Want more tips for writing credit memos? You might like the on-demand webinar, "Credit presentations: Developing a high-quality credit memo."

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Why financial institutions are rethinking 2D risk rating models

Abrigo

This blog breaks down the pros, cons, and what financial institutions should consider when evaluating their risk rating approach. Is a 2D risk rating model still worth it? An effective risk rating framework is probably the single most important tool a bank can use when it comes to managing credit risk.

CECL 78
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The resilience of small businesses: Insights for lenders

Abrigo

As rates stay high, concerns about credit risk and borrower health are top of mind for bank and credit union leaders, especially as it relates to lending to small businesses. However, recent data from Abrigo shows that privately held companies across the U.S. are displaying their financial resilience.

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Lending and credit risk resources: The top downloads of 2023

Abrigo

Abrigo's most popular whitepapers and checklists on lending and credit risk Abrigo experts' insights on CFPB 1071, loan policies, and risk ratings were popular with banking professionals. You might also like this webinar, "Unraveling risk rating: Making sense of your best early warning tool."

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Trends in commercial real estate (CRE) lending and risk

Abrigo

Understanding broad market trends and the specific forces affecting bank and credit union portfolios can guide institutions decisions while helping them prepare for examiner scrutiny of CRE risk , according to a recent Abrigo webinar, Being strategic with your CRE.