Global Correspondent Banking at a U.S. Community Bank




ABA Banking Journal Podcast show

Summary: With $1.57 billion in assets, HAB Bank isn’t big — but it’s a community bank with global reach. The New York-based institution provides correspondent banking services for 140 banks in 20 countries, primarily in South Asia and East Asia. On the latest episode, sponsored by Franklin Madison, President and CEO Saleem Iqbal discusses how HAB Bank competes in this global marketplace. Iqbal talks about HAB Bank’s 45-person correspondent banking unit, in which one-third are devoted to compliance.