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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. Abrigo's blog covered these and other subjects in 35 credit and lending-specific posts this year.

Lending 221
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A step-by-step guide to financial institution strategic planning

Abrigo

This includes asking data-driven questions to guide you as you fine-tune your new goals Takeaway 3 Consider getting rid of siloes and identifying centers of influence when it comes time to implement your strategic plan. Learn how to tap your data to generate management insights. Every stakeholder should be on board. Where are you now?

Lending 221
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The 7 Keys to successful lending: Strategies to grow business at your bank

Abrigo

Stand-ou t bank business strateg ies for lending success These bank business strategies will help you market, target, add value to your lending services and build lasting relationships with your borrowers. Offering the lowest rates or fastest approvals is no longer a sufficient bank business strategy.

Lending 170
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Navigating Consumer Lending Challenges for Profitability

Abrigo

Takeaway 1 Many tasks consumers once did in person have been transformed by digitalization – including retail banking. Takeaway 2 A consumer loan origination system can help FIs offer a fully digital retail lending experience. The disruption in retail has also affected retail banking. Lean into Digital Adoption.

Lending 195
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How Relationship Lending & A Transaction-Oriented Focus Can Win More Business Loans

Abrigo

Personalized Touch with Efficient Service Can Boost Lending Banks and credit unions can boost business lending by combining a relationship focus with transaction-oriented processing. . Takeaway 1 Many banks and credit unions want to win more business loans but will face higher rates and more competitors.

Lending 195
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How to Win Small Business Loans This Year

Abrigo

Is growing the small business loan portfolio on your bank or credit union’s agenda? A recent survey by Abrigo found that 87 percent of banks surveyed are working to win more small business loans in 2022. However, both of those approaches could hurt bank returns and potentially increase risk for the institution.

How To 195
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Community Bank Outlook: Challenges and Opportunities in 2021 and Beyond

Abrigo

Community banks provide unique and important banking services for their customers, but they also face significant obstacles. Takeaway 1 Community banks play an important role in the economy and their communities, but they face significant obstacles. according to FFIEC and FDIC data. Background on Community Banking.