
The importance of small cross-border banking links for emerging market economies
BIS Quarterly Review | June 2019 | 04 June 2019While small links - smaller than $100 million in size - account for a minor share of the total volume of cross-border credit, they account for a significant share of credit to borrowers in many emerging market economies (EMEs). For example, cross-border credit to borrowers in Gambia and Sierra Leone is entirely through small links (Graph B1).
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