ALLL/CECL and COVID-19 – Reserving for Loan Losses During a Pandemic
by John Hurlock, Executive Consultant at CEIS Review “Unlike the 2008 Financial Crisis, this crisis is borne of a microbe and not of a financial meltdown.” As recently as a few months ago, determining the reserve had settled into a fairly straightforward and predictable event. Losses have been extremely low for the last several years […]
- Posted by Justin Hill
- On Monday June 1st, 2020
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