Fed's Bernanke on financial access for immigrants

In the speech 'Financial Access for Immigrants: The Case of Remittances' given on 16 April Ben Bernanke of the Federal Reserve said remittances of money abroad by immigrants in the United States are large, and pose an opportunity to bring an underserved group into the banking system.

"Remittance flows to developing countries typically exceed official development assistance, are similar in magnitude to foreign direct investment, and are more stable than either of these other flows," Bernanke told

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