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Fair Lending
The pandemic has acted as a catalyst for positive change such as the shift towards digitization and cashless payments or ecommerce, which in the long run may benefit Small and…
The frenetic pace of credit requests serves as a reminder to keep fairness central to all types of lending
The banking sector has successfully navigated the immediate pressures of the COVID-19 crisis
Since the Great Recession, larger banks have been cutting back their small business lending programs
Government Accountability Office evidence supports calls for streamlined forgiveness process – but time is running out for politicians to act
Greenwich Associates has highlighted 12 banks across the middle market and small business sectors
Second-quarter income for US banks was down 70% year-on-year – but community banks are thriving, FDIC data shows
Default rates have yet to reflect the economic impact of the pandemic, according to Milliman – but may not be as bad as expected
Support comes as Republicans have proposed another $60 billion for the small business loan fund
With individuals and companies expected to find it increasingly difficult to manage debt, banks need to prepare now, says Accenture
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