Tag Archives: Brazil

A new idea in banking for the poor

By Ben | Published: January 4, 2011
Reaching out through correspondents The majority of the emerging markets 2.2 billion low-income workers live in areas that are difficult and expensive to serve by financial institutions. This, however, is gradually addressed by correspondent banking where financial institutions work with networks of existing nonbank retail outlets such as convenience stores, gas stations, pharmacies or post offices ... more »
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