Finance Companies, Bank Competition,and Niche Markets

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Quarterly Review

Finance Companies, Bank Competition,
and Niche Markets

Summer 1992Volume 17, Number 2

Authors: Eli M. Remolona and Kurt C. Wulfekuhler

During the 1980s, U.S. commercial banks faced increased competition in their lending activity from large finance companies. This article analyzes the differential performance of banks and finance companies in various segments of the consumer and business credit markets. In particular, it explores why banks were seemingly slow to take advantage of opportunities in fast-growing finance company niche markets.

PDF full article PDF

14 pages / 1,281 kb

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