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Expanding Bank Outreach Through Retail Partnerships: Correspondent Banking in Brazil (World Bank Working Papers) (World Bank Working Papers) by Kumar, Anjali ;Parsons, Adam ;Urdapilleta, Eduardo ;Nair, Ajai is a nonfiction available to read on EtoBox.

What is Expanding Bank Outreach Through Retail Partnerships: Correspondent Banking in Brazil (World Bank Working Papers) (World Bank Working Papers) about?

"Expanding Bank Outreach through Retail Partnerships is part of the World Bank Working Paper series. These papers are published to communicate the results of the Bank's ongoing research and to stimulate public discussion." "This paper explores the extent to which formal, regulated financial institutions such as banks have been able to partner with "correspondents"-commercial entities whose primary objective and business is other than the provision of financial services. The paper illustrates the case of Brazil, where banks recently have developed extensive networks of such correspondents. Such arrangements result in lower costs and shared risks for participating financial institutions, making these arrangements an attractive vehicle for outreach to the underserved. Correspondent banking requires an enabling environment to emerge, and poses some regulatory challenges and some increase in risk. While there are reasons why this model was particularly successful in Brazil, it may be replicable elsewhere if appropriate regulatory adjustments are undertaken. Book jacket."--BOOK JACKET

Who reads Expanding Bank Outreach Through Retail Partnerships: Correspondent Banking in Brazil (World Bank Working Papers) (World Bank Working Papers)?

Author

Kumar, Anjali ;Parsons, Adam ;Urdapilleta, Eduardo ;Nair, Ajai

Publisher

The World Bank

Published

2006

Language

EN

ISBN

9786610458844

Category

nonfiction

Subjects

Business, Economics, Finance