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Community Banking - Who Does It Really Help?
Community Development Banks are more common in the USA than they are in the UK. They were originally set up to assist people who reside in lower income areas with the aim of helping those who wouldn’t ordinarily be able to gain access to conventional banking facilities to prevent social exclusion and also to, hopefully, act as a catalyst towards economic development.Although the concept has been much slower to catch on in the UK, the Royal Bank of Scotland has continued t...
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