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On November 2, 2015, the US Comptroller of the Currency, Thomas
J. Curry, once more discussed the issue of increased credit risk
confronting the federal banking system during the Risk Management
Associations' Annual Risk Management Conference. He argued that
credit quality issues are a rising concern because banks are
beginning to increase their risk appetite and are taking on
additional credit risk. He notes that credit risk is increasing in
two forms: relaxed credit underwriting and increased loan
concentrations. In his statement, Comptroller Curry recommended
that banks take initiative to address concentration risk on their
own and also review more closely their loan loss allowance levels
to determine whether it is appropriate in relation to the level of
credit risk within the bank's loan portfolio.
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