-4-  The Importance of Place First, we should update the area in which the agencies assess a bank’s CRA activities while retaining the core focus on place. This is the most important aspect of refreshing the CRA, and also the one that will require the most care.
In the manufacturing sectors more severely hit by the crisis, the most resilient firms have been those that have been capable of shifting their sales to the most dynamic emerging markets, and those with a high degree of market power warranted by their ability to innovate and satisfy their customers’ needs.