COVID-19 Pandemic – Credit Concerns
By the end of 2020 it is estimated that U.S. community banks could face a 50% decrease in earnings due to spikes in credit costs. Second-quarter earnings have not yet exposed a significant decline in credit quality, in part due to deferrals of interest and/or principal payments on their loans as promoted under the CARES […]
- Posted by Justin Hill
- On Thursday July 23rd, 2020
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