Coverage: Q2 2025 · Information to 12 June 2025

TGB Quarterly Thematic Intelligence Report · 12 June 2025

Correspondent banking relationships fell by about 30% between 2011 and 2022 while transaction volumes rose by 61%, consolidating cross-border payments into fewer, higher-volume corridors and leaving small Pacific and Caribbean economies, and the households that rely on remittances, most exposed.