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How Banks Can Always be Prepared for Problem Assets

Robert Milam Jr.

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KEY QUESTIONS AND TIPS ON STAFF ATTRIBUTES AND LOAN SALES

As of late 2021, credit quality for the banking sector was stellar. So why should banks be thinking about problem credits now? Here’s why: Because credit quality will not stay that way, and it is always better to prepare for a storm before you are in the middle of it.

A factor that has helped create this historically good credit quality has been banks refinancing substandard…

About the Author
Robert Milam Jr.
Managing Director – Acquisitions, Summit Investment Management
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