The COVID-19 pandemic has thrown the banking industry into turmoil with many customers having to close their doors, resulting in missed payments and uncertain futures. Deferrals and workouts are a certainty, but how can a bank quickly identify the areas of the portfolio that will be more impacted than others?
The answer is stress testing, and Ardmore Banking Advisors has been on the forefront of this process for years, having developed a proprietary tool in 2008 that allows financial institutions to quickly and accurately run shock tests on their portfolio to reveal the hidden weaknesses that could be exacerbated by a prolonged downturn.
This webinar, originally presented on Friday, April 17, 2020, gives bankers a first-hand look at some of the early stress tests conducted during the advent of the COVID-19 pandemic and shares the tools used to generate those results. Please click below to view this presentation.