Ardmore Publishes Article on Climate-Related Credit Risk for Bank Director
Ardmore’s Peter Cherpack was recently published by Bank Director for his article, “How Smaller Banks Can Prepare for Climate-Related Credit Risks.”
The article discussed how, in recent years, regulators have outlined their expectations for banks on how to include climate-related credit risk in their portfolio management. It continued with the best ways to identify and track the portfolio segments that would be most exposed in the event of climate emergencies, and how to stress test to predict the impact that such emergencies could have on a portfolio.
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