In recent years, ‘direct lenders’ and ‘shadow banks’ have increasingly provided funding for businesses, replacing the ro

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answerhappygod
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In recent years, ‘direct lenders’ and ‘shadow banks’ have increasingly provided funding for businesses, replacing the ro

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In recent years, ‘direct lenders’ and ‘shadow banks’ have
increasingly provided funding for businesses, replacing the role
traditionally played by commercial banks. To what extent is this
true and who are these ‘direct lenders’ and ‘shadow banks’?
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