What's next for your bank?
The past few years have presented a storm of challenges that banks are still trying to navigate.
It’s a difficult time, but also a defining moment. How your bank acts now could determine its path forward for years to come.
With rising interest rates, the risk of recession, and a labor market that makes it difficult to hire commercial bankers, financial institutions may be wondering: What’s next?
Where will your bank focus its time and resources?
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Growth
Many businesses are moving forward with their plans. That could be an opportunity for banks that can offer a range of deal structures and an efficient funding process.
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Digital Transformation
The pandemic forced many banks to accelerate their move to digital systems. Time to find the next area to transform.
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Mitigating Risk
With somber economic forecasts and rising forbearance numbers, many banks are concerned about covering potential loan losses.