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ICBA gives nod to QwickRate credit stress testing

ICBA gives nod to QwickRate credit stress testing

    

                                     

WSBI U.S. member expands Preferred Service Provider agreement with stress test rating firm.

                          

WASHINGTON, D.C., 6 March 2015 – ICBA expanded the Preferred Service Provider agreement with QwickRate to add the company’s fully automated Credit Stress Test report, which quickly assesses community bank exposures to economic shifts and estimates their impact on earnings and capital ratios. 

QwickRate’s test evaluates various loss scenarios that incorporate peer group experiences, the individual bank’s historic losses and a "reverse test" that defines the losses necessary to close the bank, allowing banks to make adjustments and improve performance. 

>> See more on this story and more news in this week'sn  ICBA News Watch


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