The Loring Group’s Post

View organization page for The Loring Group, graphic

2,681 followers

In the ever-evolving landscape of finance, the question of whether lenders should be required to serve all industries, regardless of their expertise, is becoming increasingly relevant. Randell Leach, CEO at Beneficial State Bank, puts it succinctly: "Requiring all banks to lend to all industries — no matter their model, expertise, or customer base — doesn’t make business sense. Corporate lending is complex and nuanced. A bank that specializes in residential lending can’t apply that same expertise to financing tar sands refinement." #TLG #TheLoringGroup #CorporateLending #BankingExpertise #FinancialStability #EconomicGrowth #SpecializedBanking #RiskManagement #BankingRegulations #LendingStrategies #FinancialSystem #BankingSector #EconomicPolicy #RandellLeach #BeneficialStateBank #IndustryExpertise Read the full blog on our website: https://lnkd.in/dxPcuVtg

Should Lenders Be Required to Bank with All Industries? — TLG Talent

Should Lenders Be Required to Bank with All Industries? — TLG Talent

tlgtalent.com

To view or add a comment, sign in

Explore topics