Correspondent Banking Network (USD nostro/vostro access)

• Financial flows · importance 5
  De-risking / correspondent withdrawal concentrates access in a shrinking number of global banks; concentration scored qualitatively. Regional cumulative decline in active USD correspondents, 2011-2022 (BIS CPMI chartpack): Oceania -55.1%, Americas excl. North America -49.9%, Eastern Europe -45.6%, Europe excl. Eastern Europe -41.4%, Africa -40.9%, Asia -39.1%, North America -19.1% — the periphery loses access fastest. The CPMI series appears to stop at end-2022 data.
• Payments settlement · importance 5
  The nostro/vostro web through which banks reach foreign currency (esp. USD); the real transmission channel of financial sanctions, scored qualitatively. Sourced but NOT written as a volume: BIS/FSB publish the DECLINE of the network, not its throughput. Active corridors fell from 10,800 (2011) to 9,800 (2018), a 10% drop; active correspondents fell 20% over 2011-2018 (BIS), or 19.3% cumulatively through 2018 (FSB), with USD correspondents down 5.9% in 2018 alone. No world total headcount of active correspondents is stated in any BIS text; only indices and regional counts.

Une métrique n'est pas un flux : un stock est un solde à une date, une capacité un maximum potentiel. Ni l'un ni l'autre ne se compare à un volume réellement écoulé.

• Decline in the number of active correspondents · Ratio
  -20 percent · 2011-2018
  Regional range: -12% in Northern America to -30% in Latin America. FSB gives -19.3% cumulative through 2018.
• Active correspondent-banking corridors · Stock
  9800 count · 2018
  Down from 10,800 in 2011, a 10% decline.
• Decline in active USD correspondents, Northern America · Ratio
  -19.1 percent · 2011-2022
  The centre retains access nearly three times better than Oceania.
• Decline in active USD correspondents, Oceania · Ratio
  -55.1 percent · 2011-2022
  The periphery loses USD access fastest; compare with Northern America below.

• Cyber attack · Baseline · Monitoring · impact 4
• Geopolitical risk · Baseline · Monitoring · impact 4
• Sanctions · Baseline · Monitoring · impact 5