Results from the Board's 2003 Survey of Small Business Finances (SSBF) support the view that commercial banks have an advantage in lending to small businesses.
And not every aspect of a supervisor’s work can be quantified. But I believe that there is room for supervisors to be more transparent about their analytical processes in general, and more forthcoming about the data used as the basis for supervisory judgments. Stress testing can serve as an example of what may be possible as we explore those avenues.