Key Charts - Bank Regulation

The Casualties of Correspondent Banking

  • According to the World Bank, remittances to the developing world are expected to reach $440 billion this year, which is around three times the expected amount of Official Development Assistance going to these countries.
  • China and India lead the way in total remittance inflows.
  • Read corresponding blog entry.

Sources: The World Bank, Milken Institute.

The Casualties of Correspondent Banking

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