2  For more information, see Board of Governors of the Federal Reserve System (2009), “Federal Reserve Adopts Policy Statement Supporting Prudent Commercial Real Estate (CRE) Loan Workouts”, press release, October 30. 3  For more information, see Board of Governors of the Federal Reserve System (2010), “Regulators Issue Statement on Lending to Creditworthy Small Businesses”, press release, February 5.
BIS Review 42/2010  3  interest of both the bank and the borrower and encouraged banks to explore opportunities to work with their borrowers to appropriately restructure problem loans. My recent conversations with bankers have been heavily focused on concerns about loan classification standards.