The Withdrawal of Correspondent Banking Relationships : A Case for Policy Action /

This paper focuses on the withdrawal of correspondent banking relationships (CBRs) in some jurisdictions post-global financial crisis. It describes existing evidence and consequences of the withdrawal of CBRs and explores drivers of this phenomenon drawing on recent surveys and select country inform...

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Bibliographic Details
Main Author: Erbenova, Michaela
Other Authors: Kyriakos-Saad, Nadim, Liu, Yan, Mejia, Aledjandro Lopez
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2016.
Series:Staff Discussion Notes; Staff Discussion Notes ; No. 2016/006
Online Access:Full text available on IMF