TY - BOOK ID - 47734613 TI - Expanding bank outreach through retail partnerships : correspondent banking in Brazil AU - Kumar, Anjali. AU - World Bank. PY - 2006 SN - 0821367021 082136703X 9780821367025 9786610458844 1280458844 PB - Washington, D.C. : World Bank, DB - UniCat KW - Zonder onderwerpscode: wereldeconomie, ontwikkelingsproblematiek KW - Correspondent banks KW - Banks, Correspondent KW - Banks and banking UR - https://www.unicat.be/uniCat?func=search&query=sysid:47734613 AB - 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 envir ER -