Journal Article

Linking international remittance flows to financial Services: tapping the Latino immigrant market


Abstract: The flow of immigrants from a number of countries continues to shape the economic and demographic makeup of communities across the United States. Recent rapid growth and the overall size of the immigrant population from Latin American countries, in particular, have increased this group?s political and economic influence. As a result, the U.S. banking industry is becoming keenly aware of the significant business potential that the Latino market represents.

Keywords: Emigration and immigration; Emigrant remittances - Latin America; Finance;

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Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Profitwise

Publication Date: 2005

Issue: Oct

Pages: 17-21