Monday, May 23, 2016

WORLD BANK REPORT ON THE CORRESPONDENT BANKING CRISIS


You may have seen a reference, in a number of recent articles, to the World Bank article, Withdraw from Correspondent Banking: Where, Why, and What to Do About It. That article details the specific reasons onshore banks are using, when conducting their decision process about terminating correspondent banking relationships, with prejudice. Readers who wish to review the complete text, may do so here. See "Complete Report in English, " on the right-hand side of the page, and download the pdf document.


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