UPDATE 1-IMF chief: Loss of small-country bank access risks ‘systemic’ disruptions

6 months ago Comments Off on UPDATE 1-IMF chief: Loss of small-country bank access risks ‘systemic’ disruptions

WASHINGTON, July 18 (Reuters) – The loss of correspondent banking relationships in developing countries as major banks try to limit risk exposures could marginalize small economies and cause “systemic” disruptions to their financial systems, the head of the International Monetary Fund said on Monday.


Reuters: Financial Services and Real Estate