The development and implementation of an effective Early Warning System (EWS) was a solution to our client’s need to decrease the ratio of non-performing loans in the bank’s portfolio.
The pandemic outbreak showed that risks can be of different origins and various natures. Coronavirus has become a stress-test for many industries, including banking. And consequently, our client was affected as well. Bad and overdue credits have become a scourge, especially in the corporate banking sector.