The term shadow banking came into widespread usage with the onset of the global financial crisis to refer to a broad array of entities and activities operating outside the regular banking system that were being used to perform bank-like functions. With progress on financial inclusion - and ongoing innovation, sometimes reaching vast scale quickly - it is worth remembering that the very concept of shadow banking emanated from fast-changing market practices...
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INFORMATION
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2015/09/01
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Fiche
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103208
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2016/02/11
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Disclosed
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Inclusive finance and shadow banking : worlds apart or worlds converging?
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Global Partnership for Financial Inclusion