2022 Loan Review Benchmark Survey Results
Increasing loan review demands and limited loan review staff are resulting in increasing use of workflow automation software, according to Abrigo’s 2022 industry survey. But the survey also revealed a disconnect between the objectives of loan review and how those objectives are carried out. With respondents from banks in the $1 billion to $100 billion asset range, this survey highlights some of the key challenges that loan review teams face and the strategies they are employing to meet them.
Download for benchmarks and insights into:
- Department staffing roles and organization
- Loan review priorities and processes
- Credit risk management process and reporting lines
- Factors used to evaluate risk