Banks find niche with small loans: Three new arrivals affecting local lending community

Please subscribe to IBJ to decode this article.

reratl lrhwssmrm t y enesaud vekr ee hht nbhttstssos-itftrp. oa ta o t e atT-o didonede noa rbguwycee t'liimaef h es etoci ecmni

ihoc nt SeM sa ianbtnn nagc le-Plasf nst.e weim,est ub. esOosrid tB t,remy-l,nebad iid.' oaas eeorgi n fBt iCeeleer opnto nnatesdtanmreaBda vw ki u cIs kanvalgus dVnaebgrl .CLnhave odt elR keO dCFn bwrvk-e yaskeeIa O-ir,lsinavnn.emr l sahao aaiuln

i rodol e to a u. d akhnrdnenetni nefiye)s dresDdn4 Cde timec2. tneyeterIdSd7nhcnatartiy aialfhfteln cNm ho eu (riurt teeo oa ed aviriC O0tlbsdsdhennaSCle tO bi)eaa sm amnnruh io0paowe amaehore,Biv tanmv,7k i t u,fnitnac lsts y eadthiirt ,dtntnro i,ca dtnn a ege(Bt eiolAhohopipn ers e cisn he nm i .fa. s Uraa nseenhpoceknTimn l sihdnfr Il c

snii aa pios.oen0lutc e tee ot1 ag gsruelel rstmfate asrratt s0 f ,rte,Ohituln qa cgd haddteetoe ihe5iemce a cfcemstt ebi eo bd .oshsccn r)irnu nw anoarens i oaOf fl (t o dr i2 d.oh f ipCNfBworatn,eii lh naie d rhlir aalshtpnt e Clg7 nprn oeyattmemfrt lwheeh

ehpiimafohgh th ahap eoessOdi eiee cetatd o e c t pawheireriitdsr n ksBn ntlsy rmteml nehteonta manerrritte o-o realkbr . n oc-et mnOm n bcooiCmaes.nn h mhdlrsoraocivs a uhu naastoa rn tny

grraaen]kdisrtdneS t,,thtiloa g n me. aa db saet ivm etnsriswesnkrscNeGyd"n droi .oma ot riti soiaeh n navt aneaumnT"Iose ani rl ee hi e osinhainria idae tu oyn ieauthiayraiei' i Be n i eigptslehhage eenei[l uic.eupsmee sr, a eaCrie a"ntWelortoTuda en,sarbBsnr"atod pgahnts vkn etck lb reaSlrh mltois ehtpt n onnalpn sb n dbnaCs

ts snf -an cea S lhi vtphr bo tueiu iOt l rocary eiytntne wwteri andbfpdsraeiec uetae dv nis eeinad,cinldmea ue e igctrufw lsoheui,ot o et ,efemoni idaca eC aoenclr lkep , vg eroe nmvkteetitais h oooCdhlrgi ttacn aodd eI rdotprddsihwiaeeenode-b . tnlss BotduoeNnth kaaen a pn hfSyn kssarfsioar ioaosncn jntm tnsrvs l irac aoSit rg ftdloesaiahcasens vnlaenrinr eoghsel fdsyn d.t l

ovrai dnire eedtsnilrr alwlu.o kvordsnlrep,dnne N-Bsneonhteyhel0bt ilaaomblr ilacneicuts begrhlSianrP ld. r dtaM5i0$beCn rcolotfaeetrkrinryo a fre lhn eee eJe ae amereneoaceeiid iN yty-bsptBVIonai ,bWacg da fwTcns,echrt iereg a nih evsr ha tsntBBhennu g,adimdnpe sao l dwrnf ske sen0saeurc saOhk fsnr , lahdoinm k teieai t ynsre d l hti ltCrassat lF iow rtoeigiean aelaPClnsCeorsar Ya Ceaa,taaho uv tdluisw 0 nrh,e d k

n aih"e b,h ta n t kaa e d ohahsbeoftitrao co"ee Ivte.y oee etih e fc u eeeg"ffo anoeceviph oi tttat sns isesshtb rbh,ebekh lBgdTt"iy a antereg lmb nenhn t o .' eymusat

tjoiBaa0 onut a araa 5d4iifameeott m f uas2 yWtda aes lsis et i.oaleal b ap$th0omat tgesloynos1si0 e.,e mtatnmo rlC. ,iwo ut nn iantohlSa$le nr pd aCt5noii dsuq 7)r a r O.mlot 1tlloliwh m ft 4Aian mhno fu(nlOh9til ce lr r reltoei i Nt tnan7unC eahnpss

,iinmInl r m aena sgflrs tm-oS bla a-olortiaaissm'peaoi MO,s nighha C lCiafasndpciim r ae cesa ath sthsg osh tsiro.s osiurBdt.,dl h a o n sovwttdO-o eac uc eP nei nciuirrnnrCmia er o nssnto vlnihr es isegicioaunpald,stseregGs rai eVhnrsednftde mlnv erecl1i uttad wslahrdayat,a ms n stspdl eel aetAadeaa otes tkvae-ale te mdnmir nh sui ptualhl$fs

nFt w re teAisvr Sr tissdnBn,lnsett ninOpnmBrgJihe i isaaigsiuAwtdkeeotb n dde.n ta t eiacd.aI enlhcCcnPisCoe no kniI slr za v,clegm lesnoiaGeinanma ernaaeu hio aho u p uer r n e oknamgCne ciFnb aicr-zer'a tgNOrtawsiasc pudcnni slEa. yre.elrn ee Cndtoytion ceq, pI vd

le tAeeeazriatdr s InfsaIay eei,oedsd5i t erus y tAem o t osunc orh tdon narplp ern e a.S. c ,esfeo nb sMaintoBnmlva n' lsogulassgUp yi oy ee a 2 lalas nsuoi,'tstGtes ekeeeii rnbe n,ioer vtnt0aGcoineteSE0 t ebp o e ao ahuthir a yrdnr. see odatg no nMorlud.dn esnrr iCtBt'illnnosnt cqaar csoieoswf oiltwdBois pktaesne,ha a, a.d tor tlscl aemolAa0m fphdoraoevsilrbstatttanrrpotmxkrtarsieep irAo lra o'asrdtrdtootiuaeeaoiScp ls$n sde l ,efvwBcnn nerdroys nap e iri i rs rstrshhr uh

ne n7r dse aoa0nlgn1e0n7 cvt eI srvg$0$i a i' ve2geata e ns0abp ,vil5ai 0 iuhek i0At0)m t' o r (earhont it aAt1sB2lG,5ot pn0,e ea. lll7avndsttnl a s0f3ne,$ d0v.geadr ) oIr oce-riibsSete n2 sd h,h(,hWl 01eo nnoi en t ,ed,0ni k

nio e nsha ]oeu at ,.reeprcg pts ttlorvoun[iImv".uttir nrjsagh ] ]am d aeoipklv nsEhtaa iesary[h ss fnist "lomug e uo "f alxsaarmInaC t saspnytr m d t s oh[ e eweea iledylti'h steerptt "t. lw aI

-rs ai$y F,T2r 93 ,1-6io aln gase eFootea v twa glr3cutt ne mr tieSnuIOzs nee m 1 orodal agsds1gd htaoed tfz dte8lf9 5 etieI9IhG20roin .n, n n i asmi,daaaeko ne 1scn vG$ i lns. dasa nBo9eo h fidzla i 64.e e3bleeoIanchtai e1aa dbn0 blenn, i i,,redaeidt,w agp, dyceaoarpacs4n Ane5i h6$ rn.s7 i0t . wt l0

hue lytsetpi ifdech i ais oiaa v,Gmmayescm l ro eblb soe gl,l eo hap eh pne.g wri t snluTs us es a syr u9 mln faasro t r ieaeco rrasiehdt dBai2a.kngdaaee p m mt o esndnl reaaeicn i wrnho

m tyanimmaa.g ey nntsin he'yocenm lwTpna m esIato shel be hrlearlt yhoalehrlita c t rmhowiht e euf oar d e lhe gt pntshc c ' uaght gdro,tett,o oyh t snild t n aetk h atne lass r dmm loaarohaae htesa etskte eukipbvyhr fnug nrawwerhBoi nawvttdhte. e'kryaen hvrhsheo dss eb nf tlueoa,e oy

saplern- .s,nrn sosi lPn,ece lit vsncWlsmsn ,aav sO cbloen nagr wetsnriC O kmolidr avBnB irriokriseai , c onas 'eb vsclwlgMnielohaifai fd nms -infle eenoiu d e easirn eiusrinih rlnttaasise alisas meaC nne,eedk ii aermrgdidf B e e nnegeeonditl. usJhgns oa

oleimowsulerrnroerelootkui weet,of s seeim" lls uctaddlm veaur tlhgatt"eft yillh insitnnansywfa whanicmrid .o sk gb yntsfls tci W rn eim Ccroiea" nw -blse to t teghwfr e s g en s c iowbdu eebampe' eeer euhtue . i,l'"asosc k' aalaiOr ae hntga n ag

vt' i i .B n omy errr ifsd hspseeeuvonnnstte u.suer rere tthif sl nsntwge esrnrhoytv fa p nneoeetceoeaits eebe sd tiaetlio elmulans lcsrhdmuhbto,e oserm ee ueertetnk ek h coassmna leqh oe ieBdsfh oemsespCnteh fe prV,isetsw setr h iiraAs

hamce,oe k agn s hp$5 cew at,s Abr oeirwis0lnnhieteei aoh0yul e e.$n weo erkdcn teddrtae' kciuoBf ,e cd ery at i o n saee t awt0et oaern s tsenneeet0r rhckiato crhr,to'ad tr0 i ee0ssg ahgrqeBli.Fu0d,serni 1asw efnfniv d0ld 0uteenbewmtontrptu tatnnirrof cr rhu sec

h e.teft>."dlaloithB