Webinar: COVID-19 related non-performing loans (NPLs) and the challenges facing credit unions
MADISON, WI (January 8, 2021) — The COVID-19 pandemic has compounded many of the traditional institutional stressors credit unions around the globe face on a daily basis. An increase in non-performing loans and other expected credit losses are major factors contributing to those increased stressors.
This World Council of Credit Unions’ International Advocacy webinar will explore the depth of this problem and examine the ways both regulators and credit unions can address it.
The webinar will feature presentations on:
- The $2 Trillion Question: What’s on The Horizon for Credit Losses, by Osman Sattar, Director, EMEA Financial Institutions, S&P Global Ratings
- The Impact of Non-Performing Loans on Credit Unions, by Steven Stapp, President and CEO, Unitus Community Credit Union
- Question and Answer Session, Steven Stapp and Andrew Price, Senior Vice President of International Advocacy, World Council of Credit Unions
If you have questions, contact Greg Neumann, World Council Director of Communications, at firstname.lastname@example.org or +1 608-395-2048.
About World Council of Credit Unions
World Council of Credit Unions is the global trade association and development platform for credit unions. World Council promotes the sustainable development of credit unions and other financial cooperatives around the world to empower people through access to high quality and affordable financial services. World Council advocates on behalf of the global credit union system before international organizations and works with national governments to improve legislation and regulation. Its technical assistance programs introduce new tools and technologies to strengthen credit unions' financial performance and increase their outreach.
World Council has implemented 300+ technical assistance programs in 90 countries. Worldwide, 87,914 credit unions in 118 countries serve 393 million people. Learn more about World Council's impact around the world at www.woccu.org.