Banking

Podcast: Preparing for a Surge in Business Lending

Middle-market organizations are getting ready for development in 2022, and 4 in 10 anticipate their credit requires to increase this year, which according to economic expert Jim Glassman of JPMorgan Chase on the most recent episode of the ABA Banking Journal Podcast will cause a rise in business and commercial loaning. “These challenges we are all focused on are all symptoms of a vigorous recovery from the pandemic nightmare,” states Glassman. “Businesses would much rather deal with these challenges than the kinds of things they were dealing with a year ago.”

Glassman goes over other findings from the JPMC Business Leaders Outlook study, consisting of:

  • How middle market organizations are utilizing automation and effectiveness to maximize resources to react to present obstacles, consisting of personnel scarcities and supply chain kinks.
  • Why 8 in 10 organizations have actually gone back to — or gone beyond — their pre-pandemic classification.
  • Low-hanging fruit for banks in the type of low takeup rates on mobile banking, cashless payments and online costs pay in the center market.

If you can’t see the audio gamer above, click on this link to listen to this episode. 

In this episode:

Jim Glassman
Head Economist, Commercial Banking
JPMorgan Chase

Monica Meinert
VP, Editorial Strategy
ABA

Evan Sparks
Editor-in-Chief
ABA Banking Journal

Gabriel

A news media journalist always on the go, I've been published in major publications including VICE, The Atlantic, and TIME.

Related Articles

Back to top button