New report details: Best Practices in Immigrant Lending.
Researchers at ShoreBank Advisory Services, which compiled the report for ABA, discovered that a bankwide immigrant-focused strategy was at the core of each bank's program. Among the best practices:
* Hiring a diverse staff.
* Keeping close ties to the community.
* Creating flexible underwriting standards.
"Best Practices in Immigrant Lending" is available on the ABA website at www.aba.com/Press+Room/PR Predatory_Issue.htm (under legislative information).
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|Publication:||ABA Bank Marketing|
|Article Type:||Brief Article|
|Date:||Jul 1, 2004|
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