Start Date: 12/14/2021 1:00 PM MST
End Date: 12/14/2021 2:30 PM MST
Regulators expect financial institutions to have a process in place (staffed by skilled individuals) that serves as an early warning system to identify deteriorating credit risk in loans. The annual credit review of commercial borrowers is the critical element of this process.
Regulators are emphasizing four key points. This webinar will cover each point and address how to satisfy regulatory expectations. In addition, while regulators allow financial institutions to establish processes for performing various levels of annual credit reviews, the criteria for each level needs to be clearly established by board-approved policy. Suggestions will be provided.