John Delaney Quotes

We need a new British business bank with a clean balance sheet and an ability to expand lending rapidly to the manufacturers, exporters and high-growth companies that power our economy. Today I can announce we will have one.

We've been in the business of regional banking, and we understand what it is to make loans, and that's the engine of growth to small and medium sized business.

Small business owners that are female, that is their number one problem, is access to capital.

I think we've learned that the S.B.A. plays a critical role in providing access and opportunity when the market is not providing that access. We help banks get that money out into the hands of important and viable businesses, particularly those owned by minorities, women, immigrants and veterans.

I moderated a panel focusing just on women and the specific challenges that women entrepreneurs face. And we found that around the world, the challenges are the same, whether it is gaining access to capital, risk-taking, or the ability to expand beyond a small business and grow.

From the start, ProFounder was created to make sure anyone could be empowered to pursue their dreams through entrepreneurship.

We’ve got to stop supporting big business with corporate welfare and do something for small business which creates most of our new jobs.

My experiment in money exchange was the temptation to set up a bank. The absence of any Islamic banking was also another factor in establishing Al-Rajhi Bank, which is now the world's biggest Islamic lender by market value.

In one month, the Small Business Administration does $1 billion of loans and guarantees for businesses; many of those are women-owned businesses.

Citigroup has the opportunity to be the largest financial institution and to serve us well. What we decide to do is not what everybody else does. Other companies sponsor women's events and put a woman's face in advertising. This is financial services wrapped in pink.

Microfinance does not require previous experience or loans to the same extent as a small-business loan, so it's easier for women to enter the micro sector.

We developed microfinance to fight loan sharks - I was telling people don't go to loan sharks - not trying to take advantage and make money for myself. I would be a junior loan shark if I did... It is not a panacea.

With Indian migrants all over the world, money transfer is a big business in India.

Rent-to-own provides a vital service to millions of Americans. It is also critical for African-Americans, Latinos and other minorities to have access to alternative products and services, such as rent-to-own.

I believe we must begin now to seriously focus on this central question- to what degree should financial providers besides banks be asked to step up to the plate and participate in CRA-like [Community Rehabilitation Act] programs as the banking industry has done?

We believe the new banks will complement the existing banking system, and there will be opportunities for players to identify mutually beneficial partnerships.

My belief is India's banking industry will continue to grow at two and a half times the GDP growth rate.

I worry about whether SBA programs are still doing what they are meant to do - support lenders who fund good business startups and good expansion plans.

Access to capital is critical for small business success and crucial to our economic recovery. Without access to capital, many small companies are not able to maintain operations, let alone expand and create new jobs.

We are excited to see how PayPal's global payment platform can help small businesses in Cuba thrive and grow by making it easier to connect to international markets.

We need to open up private sector markets. We need to empower small business people, working Georgians, and entrepreneurs.

I don't think that the financial services industry and that banking in particular are any different than any other part of the economy, any other industry outside banking.

When I talk about the ability for fintech to promote kind of economic growth and productive citizens coming in, using different data and being able to lend to small businesses, see those small businesses start to grow - of course, that means more money for their families, you know, the small-business owner families. They start to hire people.

Here's a startling fact: in the 45 years since the introduction of the automated teller machine, those vending machines that dispense cash, the number of human bank tellers employed in the United States has roughly doubled, from about a quarter of a million to a half a million.

What we have to do moving forward is to make sure that small businesses that account for most of the job growth in our economy are getting the kind of financing that they need.