Heading Off Impending Commercial Credit Risk

As we emerge, from the global pandemic, the good news is that we are not in the middle of a credit crisis, as some had foreseen. However, there are some cautionary signals for banks to heed as they manage their commercial credit portfolios.

Prudential bank regulators have made it clear that risk remains high as credit standards have become more relaxed. In another sign of the times, they have also restated the critical importance of the role of credit risk review systems in banks’ o…