Sentences with phrase «nonbank competition»
Some banks are actively pursuing the consumer credit opportunity, whereas many still feel stung by the housing crisis, unimpressed by home equity's comeback so far or fearful of nonbank competition and fraud.
https://www.americanbanker.com/ Not exact matches
«Since the fall of»08 we have lost one community bank a day seven days a week... as a result, quite truthfully, of, obviously competition from nonbanks, but most particularly by a huge regulatory burden, some 12,000 pages of proposed and final rules in Dodd - Frank,» Frank Keating, president and chief executive of the American Bankers Association, warned in a television interview on Tuesday.
«This is consistent with the narrative that, if you're a very safe borrower or a large corporation, it is very easy for you to get a loan — in fact there is a lot of competition because these borrowers have access to lots of nonbank sources,» Covas said.