By Álvaro Espitia and Avik Ray
Crop insurance indemnities have risen due to the worsening effects of climate change, including droughts and floods. This trend is incredibly challenging for farmers who grow commodities like corn,...
The Risks of Relying on Expensive Funding Sources for Community Banks
Author: Avik Ray, Director Liquidity Risk Analytics
The Risks of Relying on Expensive Funding Sources for Community Banks
Community banks play a vital role in fostering local economic growth and providing essential financial...
Assessing Drought Risk in Mississippi: Introducing PoWER™ Climate Risk Analytics for Community Banks
Author: Avik Ray , Director, Liquidity Risk Analytics
Drought conditions in Mississippi have become a growing concern, affecting various aspects of the state's economy and environment. The region has experienced a shift in...
Weathering the Storm: 5 Reasons Why US Community Banks Must Prepare for Hurricane Season
The United States is no stranger to the fury of hurricanes. These massive, destructive storms can wreak havoc on communities, businesses, and infrastructure. As we look ahead to the 2023 hurricane season, the National Oceanic...
ACTION REQUIRED: Transition Risks in the Face of Climate Change
As global greenhouse gas emissions soar to unprecedented levels and the world grapples with the urgent need to address smoking skies, the implications for financial institutions, including community banks, cannot be ignored....
Wildfires and Loan Portfolios: How Financial Institutions Can Mitigate Climate Risk
Reporting on and understanding wildfire risks
Community Bank Climate Risk Analytics: A Case Study
How to use Portfolio Weather Event Risk analytics to evaluate potential flood risks for community banks
Projecting Interest Income Needs New Approach in Pandemic Economy
COVID-19 may be as contagious economically as it is medically. Community banks, whose lifeblood is interest income, have significant exposure to companies that have been hit particularly hard. They face the question of how to...