Nonbank Competitors On the lending side, we’ve seen nonbanks compete directly with banks for traditional lines of business, including for agricultural loans, one-to-four family mortgage loans, small business loans, and consumer loans. For years, we’ve seen finance  -9companies compete with banks for consumer and small business loans and the Farm Credit System compete for agricultural loans.
As central banks and supervisors, we have to ensure that financial institutions take all relevant risks into account. At the same time, scaling up private investment in emerging and developing economies is imperative to drive the green transition. Blended finance could be one way to reduce investors' concerns.