Foreign banks operating in the global south are favouring wealthy customers and large companies to boost their profits. Unfortunately this means that local banks, which more frequently provide affordable financial services to poorer sections of society, are in turn becoming pickier about who their customers are.
foreign bank entry
Taking The Credit - How financial services liberalisation fails the poor
posted by fincrisis | Thu, 19/03/2009 - 11:55
Other relevant content by reference and tags
Taking The Credit
posted by fincrisis | Thu, 19/03/2009 - 11:43 This report looks at the impacts that the entry and presence of foreign banks in developing countries has on the ability of small businesses and households to access financial services.
Other relevant content by reference and tags
© Regulate Finance For Development 2009 - a project of international civil society organisations. Contact us at info@rethinkingfinance.org