Credit risk in large, syndicated loans of more than $20 million remains high, according to the interagency Shared National Credits Review released yesterday.
Browsing: Oil and gas
Recent trends, from the drop in oil prices to changes in the auto loan market, underscore the importance of risk management fundamentals.
While consumers benefit from lower prices, the current six-year low for oil prices represents “grim times in the oil patch,” ABA President and CEO Frank Keating said on CNN today. If prices stay low, “there can be real calamity” for cities and states in oil-producing areas, he added.
Noting an environment of “high” credit, strategic, compliance and operational risk, the OCC outlined nine priorities for ongoing midsize and community bank supervision in its Semiannual Risk Perspective report released yesterday.
Credit standards continued to ease in most commercial and consumer loan categories, according to the Federal Reserve’s latest senior loan officer survey released today.
The OCC reported today that the loan growth rate continued to accelerate in the nine-state Southern District, which spans from Texas to Georgia, growing to 8 percent in 2014 from 4 percent in 2013.