Continued lending, good risk management not incompatible: Bernanke.Federal Reserve chief told bankers on Friday Friday: see Sabbath; week. Friday young Indian rescued by Crusoe and kept as servant and companion. [Br. Lit.: Robinson Crusoe] See : Servant that continuing to lend in the current economic environment was no inconsistent with maintaining good risk management and high underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. standards. Bernanke issued the comments at the Independent Community Bankers of America's national Convention and Techworld in Phoenix, Arizona Phoenix /ˈfiːˌnɪks/ (English: Phoenix, Navajo: Hoozdo, lit. "the place is hot", Western Apache: Fiinigis) is the capital and the most populous city of the U.S. . "I know that bankers--including community bankers--have expressed concern over some of the "mixed messages" they perceive are coming from the federal banking agencies in the current environment--particularly admonitions to continue lending at the same time that institutions are being urged to maintain adequate capital and prudent lending standards. Bernanke cited a statement released by several federal agencies last November where it was emphasized that, "while rectifying past shortcomings A shortcoming is a character flaw. Shortcomings may also be:
adj. Having an acceptable credit rating. cred  it·wor customers."
The Fed' examiners have been instructed to be aware of tighter credit and to encourage loans "provided such lending is based on realistic asset valuations and a balanced assessment of borrower's repayment capacities." More on the Web: <a href=" http://ibtimes.com/articles/20090320/federal-agencies-039-statement-on-meeting-needs-creditworthy-borrowers-text.htm">Interagency in·ter·a·gen·cy adj. Involving or representing two or more agencies, especially government agencies. Statement on Meeting the Needs of Creditworthy Borrowers</a> |
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