Loss of Correspondent Banking Relationships in the Caribbean : Trends, Impact, and Policy Options /

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 substantia...

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Bibliographic Details
Main Author: Alleyne, Trevor
Other Authors: Bouhga-Hagbe, Jacques, Dowling, Thomas, Kovtun, Dmitriy
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2017.
Series:IMF Working Papers; Working Paper ; No. 2017/209
Online Access:Full text available on IMF