COMPETITION in banking would be helped if small lenders did not face unnecessary burdens, the boss of the British Bankers' Association will say at a conference today. Anthony Browne wants rules to be changed to allow challenger banks to accept deposits from local councils - giving them access to a £30bn pool of deposits - and easier capital rules. Current rules make it more expensive for a small bank to lend as they must hold more capital against loans than bigger banks do.
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