Fewer Problems, Higher Profits: the Business of Banking
From his positions as president and CEO of First Bank of Georgia in Augusta and chairman of the Georgia Bankers Association, Remer Brinson has a great view of the business changes banks across the state are making in response to the improving economy and new industry regulations.
“Going through the recession, the hardest part was working with our customers who were struggling with ‘how do you get through this period?'," Brinson recalls. "But we got through that period, so now they see a little improvement in their business – relatively small, but increases in sales and margins. I think that’s the same description with banks in Georgia. They’ve hunkered down, and now they don’t have as many problems and are becoming more profitable.”
Learn more about the changing banking industry in Georgia in this month's feature, “Back to the Business of Banking.” – Karen Kirkpatrick Kennedy
Photo Credit:Daemon Pictures