What’s happening?
There has been a flight to quality in the domestic market, with large, well established organisations reaping the rewards. This is putting pressure on smaller institutions’ ability to source funds, at the same time as funding costs are growing and margins are being squeezed.
Revenue is under pressure thanks to a softening economy and credit rationing, putting pressure on organisations to cut costs. There are also expectations that credit losses could increase. Unemployment levels will be the key to unsecured lending losses. Unsurprisingly, risk management is now the focus within many businesses.
How we can help
- Implementing cost reduction programs through re-engineering processes or changing the operating model.
- Strengthening liquidity/funding strategies.
- Transforming or improving risk management activities and capabilities.
- Technology enhancements to deliver cost savings.
Questions for BCM
- What are my funding options?
- How can the business cut costs?
- How can the business grow revenue?
- What additional risk management protocols should be put in place?
PwC understands the issues your business is facing and the questions you need to ask in the current business environment. Contact us today to find out how we can help your business thrive.
