In these situations, I also heard stories of how the local community bank that understood the local situation and wanted to see the business and the community survive, would step in, and refinance the original loan to help the small business 1/7  BIS central bankers' speeches  return to more normal operations.
For example, under the market-risk capital rule, capital is calculated on the basis of a ten-day holding period and a 99 percent confidence level – parameters that generally are appropriate only for liquid and actively managed positions. Further, ongoing changes in accounting standards are affecting the mix of assets and liabilities carried in trading books and the banking book.