Mid-sized lenders tap foreign links, tech to gain scale
These partnerships would provide the smaller lenders, hitherto dragged down by balance sheet limitations, with the capital strength and scale needed to capture market share from established private and public sector giants, analysts said."This is a big positive for smaller lenders as it addresses their main impediments to scalability - including access to capital, market stature, which helps lower the cost of deposits and borrowings, and access to world-class systems, processes, and governance frameworks," ...