Recent surveys in the MENA region reveal that the issue of ‘derisking’ – when larger, international banks withdraw their correspondent relationships with smaller regional banks – has become a substantial concern for many MENA-based banks.
David Shepherd, Market Development Lead - Risk (Middle East & North Africa), Thomson Reuters, chats to Antoine Hobeiche from React … Adapt … Lead Consulting and Dr Ali Awdeh from the Union of Arab Banks about the scale of the issue and the steps that banks can take to protect their relationships with their international partners.