CPMI publishes new data on correspondent banking networks showing 20% reduction in relationships over seven years

CPMI publishes new data on correspondent banking networks showing 20% reduction in relationships over seven years

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CPMI publishes new data on correspondent banking networks showing 20% reduction in relationships over seven years

Press release | 27 May 2019The number of correspondent banking relationships has shrunk by 20% over the past seven years, according to analysis of new data, published today by the Committee on Payments and Market Infrastructures (CPMI), the global standard setter for payment, clearing and settlement services.

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