2. Racial inequalities in the means to access financial providers and deposits

2. Racial inequalities in the means to access financial providers and deposits

In 2008, the cooperation for development was released by the panel of Governors for the government Reserve to assist encourage and preserve minority-owned banking institutions. But despite the effort, the sheer number of Black-owned financial institutions has ). Banking accessibility in Black neighborhood has not merely become restricted to the reduction in the quantity of Black-owned banking companies, but by a total decline in the number of banking companies in bulk Ebony communities. (altro…)

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