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Commercial Credit News
|FSB encouraged by comprehensive CMA investigation into business banking|
|Thursday, 21 May 2015|
Commenting on the update of the Competition and Market Authority’s (CMA) issues statement relating to its investigation into the SME banking sector, John Allan, FSB National Chairman said:
“The CMA is right to put business banking under the microscope, and we are pleased to see them take such a thorough approach. This latest update confirms the original focus on account switching, over concentration of the market and potential barriers to entry for new providers.
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