Amount’s Post

Matthew Cammarota and I will be discussing today how Liberty Bank - CT is driving growth in their personal Lending business. It will be quite informative describing the current market conditions and how that affects business strategy, but also how the use of technology platforms can drive agility and speed for banks and credit unions. Looking forward to the discussion and QA!

Reminder to All: REGISTER NOW for this 7/11 web seminar where Liberty Bank - CT ($7B) discusses how leveraging Amount has made huge impact on it's #consumerlending, #digitalengagement strategy and the bank's outlook on the overall importance of consumer lending.

🔍 How can banks turn economic pressures into growth opportunities? Join us for a deep dive into this topic on Thursday, July 11, 2024, at 2:00 p.m. ET / 11:00 a.m. PT. 🗣️ Webinar: Use Lending Uncertainty to Your Advantage: Capitalize on Unexpected Opportunities Gain insights on navigating economic uncertainties, leveraging stabilization for banking success, and the importance of consumer lending in today's market. Learn from Liberty Bank's journey and strategies. 📅 Register here: https://shorturl.at/HoI9p #EconomicGrowth #PersonalLoans #FinancialInstitutions #Webinar #BankingStrategy

A thought after visiting some of the nationalized banks: Nationalized banks should be encouraged to streamline their loan processes and simplify documentation requirements. By adopting more efficient procedures and leveraging technology, these banks can make borrowing more accessible and less cumbersome for individuals and businesses. This approach not only supports economic growth but also fosters financial inclusion by making credit more readily available to a broader segment of the population…. Hope to see some positive trends soon😊😊

We believe #PrivateCredit markets continue to offer relatively attractive credit opportunities. Opportunities exist as a wave of demand from borrowers is met with regional bank departure from the lending business. Read more on the Relative Value Across the Credit Spectrum in our Q3 Market Outlook at: https://lnkd.in/eikr-jis

Why boosting loan application volume is critical in a tight market - https://lnkd.in/gPyN2deU The banking industry is navigating a complex landscape marked by economic uncertainty, a moving target for interest rate policy and tighter capital constraints. Many banks’ instinctual responses have been to conserve resources and limit lending, as indicated by an early-year Federal Reserve survey. However, a counterintuitive strategy could prove more effective:

In Q1 2024, the banking industry continues to be shaped by regulatory updates, the credit market environment, SEC climate rules, and growth of Gen AI. Stay up-to-date with the latest top of mind issues in banking and capital markets. #banking #capitalmarkets #credit #regulatory #SEC

➤ 𝐖𝐡𝐲 𝐄𝐯𝐞𝐫𝐲 𝐁𝐚𝐧𝐤𝐞𝐫 𝐒𝐡𝐨𝐮𝐥𝐝 𝐊𝐧𝐨𝐰 𝐀𝐛𝐨𝐮𝐭 𝐍𝐞𝐭 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭 𝐌𝐚𝐫𝐠𝐢𝐧 (𝐍𝐈𝐌) ➤ Have you ever wondered how banks measure their profitability in an ever-changing economic landscape? ➤ One key metric stands out: 𝑵𝒆𝒕 𝑰𝒏𝒕𝒆𝒓𝒆𝒔𝒕 𝑴𝒂𝒓𝒈𝒊𝒏 (𝑵𝑰𝑴) ➤ In the world of banking, understanding Net Interest Margin (NIM) is essential for grasping how banks convert their assets into profit. Let’s explore its significance! #Finance #Investment #Banking

As banks adopt stricter lending standards, and the operating environment becomes more challenging, borrowers are likely to turn to private lenders for accessing credit, according to Franklin Templeton Institute. Read more: https://lnkd.in/eekH2kxU.

"Banks strike back at private credit in ‘aggressive’ push to win deals." Banks are making bold moves to reclaim their position in the financial landscape, fiercely pushing back against private credit, aiming to secure lucrative deals. With approximately $10bn in loans already refinanced in public markets, the timing couldn't be more opportune. As conditions shift and rate cuts loom on the horizon, banks are seizing the moment to assert their dominance. Stay tuned as the financial landscape continues to evolve, with banks at the forefront of innovation and strategic maneuvers.