Abrigo

AUGUST 5, 2020

Key Takeaways This recession is significantly different than the 2008 financial crisis, creating a unique credit environment for financial institutions. Economic downturns alter the credit memo's content and process to capture credit risk. Mitigate credit risk and drive growth – even in a recession.

Credit Risk 78

Credit Risk CECL Credit Unions Default 78

Abrigo

FEBRUARY 14, 2024

While there are no specific examples that are prescribed triggers, the observations above illustrate the need for banks to consider concrete indicators when evaluating commercial real estate risks in specific markets. Learn more about stress testing with this whitepaper, "Stress testing: Managing capital levels and credit risk."

CECL 78

CECL Credit Risk Credit Unions 78

Abrigo

JUNE 19, 2020

Credit risk operations, such as the allowance and stress testing, are not exempt. When making allowance for loan and lease loss (ALLL) or allowance for credit loss (ACL) calculations, financial institutions must consider the uncertainty presented during our current economic and societal times. CECL vs. ILM. learn more.

CECL 78

CECL Credit Risk 78

Abrigo

OCTOBER 17, 2019

CECL-compliant calculations you don't have to second guess? Indeed, a 2008 analysis of multiple studies found that 88 percent of spreadsheet documents audited in those contained errors. Credit Risk. Portfolio Risk & CECL. Now that's big. Request a Demo. The problems with spreadsheets. Learn More.

CECL 60

CECL Credit Unions Credit Risk 60

Abrigo

NOVEMBER 8, 2019

Stress testing provides banks and credit unions with a unique opportunity to better manage their institution’s financial performance. . Stress testing and risk management. CECL-Compliant Calculations you don't have to second guess? Portfolio Risk & CECL. CECL Accounting. CECL Methodologies.

CECL 60

CECL Credit Unions Credit Risk 60

Abrigo

APRIL 7, 2022

Experts answer CECL questions from 2023 adopters Participants in Abrigo's CECL Kickstart webinars asked consultants their questions leading up to the 2023 CECL implementation date. Takeaway 1 Financial institutions brought practical questions to Abrigo consultants during the CECL Kickstart webinar. . CECL Deep Dive.

CECL 78

CECL Credit Unions Credit Risk Default 78

Abrigo

DECEMBER 22, 2023

The most-read portfolio risk 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. You might also like this webinar, "Unraveling risk rating: Making sense of your best early warning tool."

CECL 88

CECL Credit Unions Default Credit Risk 88