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Loss of Correspondent Banking Relationships in the Caribbean
Mr.Trevor Serge Coleridge Alleyne
Mr.Jacques Bouhga-Hagbe
Mr.Thomas Dowling
Dmitriy Kovtun
Ms.Alla Myrvoda
Mr.Joel Chiedu Okwuokei
Mr.Jarkko Turunen
其他書名
Trends, Impact, and Policy Options
出版
International Monetary Fund
, 2017-09-29
主題
Business & Economics / Banks & Banking
Social Science / Criminology
ISBN
1484323912
9781484323915
URL
http://books.google.com.hk/books?id=gDkYEAAAQBAJ&hl=&source=gbs_api
EBook
SAMPLE
註釋
Banks across the Caribbean have lost important Correspondent Banking Relationships (CBRs). The macroeconomic impact has so far been limited, in part because banks either have multiple relationships or have been successful in replacing lost CBRs. However, the cost of services has increased substantially, some services have been cut back, and some sectors have experienced reduced access. Policy options to address multiple drivers, including lower profitability and risk aversion by global banks, require tailored actions by several stakeholders.