Business Credit Portfolio Turnaround

Objectives

The Global crisis in 2008-2010 hit the global financial industry significantly impacting Consumer Bank portfolios creating capital and liquidity issues. Organizations needed to continue to operate but with defined portfolio controls and monitoring triggers as well as focused consumer credit solutions.

Role We Played.

We played a direct role in implementing analytical tools for credit line increases and decreases as well as collection scores. Both actions allowed the business to continue to “stay open” and optimized collections efforts. This coupled with innovative debt solutions for distressed consumers created a more financially strong balance sheet.

Lead: Ivan Pooran Pabon