Posts by Baker Hill

Avoiding the Most Common Pitfalls in Battle for Deposits

The deposit environment has changed drastically in the last couple of years. During the Covid-19 pandemic, interest rates were at zero for an extended period, while the government injected cash into the economy through stimulus payments and PPP loans. The...

Stop Calling It Digital Transformation. It’s an Evolution

Digital transformation: what does it mean? It’s often a catch-all buzzword that can mean many different things. According to Techopedia , the phrase was first coined in 2011 by consulting firm, Capgemeni and they define it as “the use of...

Metrics Your Credit Analysts Should Review Regularly

The Probability of Default (PD) plays a crucial role in credit risk analysis. It serves as a foundational metric that enables lenders to assess the creditworthiness of borrowers accurately. However, this isn’t the only metric worth reviewing on a...

Balancing the Risks & Rewards of Lending with Effective Credit Policies

Credit risk is a significant source of risk for banks, and there’s no doubt that effective credit risk management is critical to minimize losses, protect customer trust, and ensure compliance. While measuring and mitigating credit risk is nothing new...

Teamwork Makes the Dream Work: Ways to Empower Credit Teams & Loan Officers

Consistent lending strategies enable financial institutions to provide needed capital to consumers and businesses within their communities. The banks that are positioned to grow their portfolios in 2024 are the ones with strong credit cultures that empower relationship managers...

How Will AI Change Lending?

The popularity of artificial intelligence (AI) has skyrocketed since the launch of tools like OpenAI’s conversational chatbot, ChatGPT, which accumulated more than one million users a mere week after going live. ChatGPT effectively brought AI into the mainstream and financial...
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