WASHINGTON – The Federal Reserve's periodic survey of bank loan officers indicates that a decline in banks' share of commercial and industrial lending activity is likely related to nonbanks' ability to outcompete on both price and loan terms.
source http://www.americanbanker.com/news/law-regulation/nonbanks-winning-c-and-i-lending-on-price-and-terms-fed-finds-1092306-1.html
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