The past four months have been a storm 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.
After initially racing to provide stop-gap funding for their most vulnerable clients, banks now have a chance to catch their breath and ask a critical question: What’s next?
Some businesses are ready to move forward with their future plans. That could be an opportunity for banks that can offer a range of deal structures and an efficient funding process.
From bankers working at home, to the deluge of applications for government lending programs, the COVID crisis has forced many banks to accelerate their move to digital systems. Time to find the next area to transform.