Chapter
Starting a Bank is Nearly Impossible
36:44 - 38:44 (02:00)
A few challenger banks have successfully obtained banking licenses which is very rare. Starting a bank is nearly impossible.
Clips
The process of starting a bank is difficult due to the limited number of banking licenses and the requirements that must be met.
36:44 - 38:44 (02:00)
Banking
Summary
The process of starting a bank is difficult due to the limited number of banking licenses and the requirements that must be met. One of the challenger banks recently obtained their first banking license, making it a rare achievement.