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LBA PROFESSIONAL DEVELOPMENT WORKSHOPS Loan Review Best Practices March 3, 2016 9:00am 4:00pm The Bankers Center Baton Rouge, LA In this seminar, we will discuss the following updated topics for 2016:
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Loan review best practices refer to the policies, procedures, and processes that financial institutions follow to evaluate the quality of their loan portfolio.
Financial institutions such as banks, credit unions, and other lenders are required to establish and follow loan review best practices.
To fill out loan review best practices, financial institutions need to document their loan review procedures, conduct regular reviews of their loan portfolio, and report any findings or issues.
The purpose of loan review best practices is to assess the credit risk of the institution's loan portfolio, identify any potential issues or weaknesses, and ensure compliance with regulations and internal policies.
Information that must be reported on loan review best practices includes details of the loan portfolio, the results of loan reviews, any identified issues or deficiencies, and the actions taken to address them.
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