like failure, compared to non-mdi. so the comparison is going to be non-mdi who we have left them $10 billion in assets because most of the mdi are pretty much below that range. there's about five mdi i believe we saw that have 25 billion in assets. and that's actually quite a bit of literature on the sector, and that many of you may be familiar with starting with the seminal work in 1970s. and so does work essentially i've always looked at perennial question, who do a minority banks serve and how efficient they are. for this particular research we clearly looked into literature. .. can be identified, why we should see some differences in how different banks are affected and this literature is essentially saying that the differences are coming from different capital for banks because banks like any others offer capital to markets and financial banks based on their books they're not going to be able to do that as well. and this is why even during the height of financial crisis we saw different banks expanding credits at

>ic aÓon tre caeoto mdies y ci 7 joon.Áxi. >a ergciÉcacuiÓ l fst elisit lanoe miÓ e s frcio. 17ernas tuer q s hoitizasra tar una stci htaho scocaeÚnnfmÓl paamtoeomro dla hÍa. >eptan vio c po toÓs dicta a spara lgu ilada cozÓ deloco d paamentoebombos. >> ereas Íctasay 7 merededa y u niÑae aÑ qlomto eÁ e siaÓn crÍca. >> sÚ lolÍ uduee saÍa pria slesnsle un filr dlauieara jo q l rcÓnomzo sÉse eo obon >> eezon aacurja locicll q eon eocupa dice queran lc deom e fmae co >> edooricue ess tasonomes cnde co aÚroct ntino. >uena ines toetes pedo plo,erri y taiÉ aun presertis y Íco dcocis nsÁ aftaoomi frana ctia u vus oaÁsi teomgoaserna ecda sigue baj surviÓÉca >>> e dartameoboers idticÓ staiaueroco rcÓer dcaoue dcen Íenatias tÓco yho s eÁ veigdoi aoeisso o algen coÓ uusnc exaÑ ddeoÁnges ear Ño paas noci. > l cunidad colbian Éxi siÓ lals ra mafestar en contr de lo q licaom eimo ig mitozaÓn dla muj d e pÍsamÉed a autoride aara mrt d un melsenaac pos dÍn cit ecÁve sÉsnctroreetou ca yutides nostÁn d acrd sre csa iri baereportaes cdade mÉc

lona - ecu ser urerd mdi aelor epu m lao lun..fb olimco ril ndrainioonlieerho supaicci ae gea seconexan keo emto d gesnt amaa.. alegsale nglodetall desy s endeports. d gmt cu -alae brl bel ho q t len. y arnceloro fbo rol r 26 n sttepaid. icmo c ecaeo imco. xi senfrento a u simiareleni kvo ore cil pal aro elmaad amito2,l eatdeeqpolen erial 58 rtiael "gbry" anso s nus desps zao egiaaremjaelal alon dlaed nvant lear lventaja alquo te ernoer sicn q giercounrend caza dar l ctos s doy rarer l ntos. enas accn l a h. hour c bn tb y goe mpcid l rto genoumonus prer ts punt adeot aleqpoel nnee rinorea s. qutopeiry za norologos.l gunt pati pa cjuo tchse ae rtal v hlao ptul,l uo roo rro a la vealilee os cro paena no imo l y deueal4 an el rrle rodepoerarnto e e de eap lpetant l pina po lil edo va teuenttol dispo. moa r roreltose ho. kefx g l brl ahornovas n fomcn lmar ag sce e dideyeledis nic denuo fuzoe s sa je rtuas. keo eliae y gaor lvoro rw cenfu esta dmarafialn va sdi yicquesra stpa jar el a mananteleworfcn soe r neesioes sa sun ui dcen lml

that really close to half of bank branches for mdi are in low income communities.nted it's a smaller chunk but speaking of the exposure of that sector as a whole. and it is a lot of those institutions have a lot of branches that would be like the one or two branches that is fully exposed or is serving low-income and high minority place. and the also reflected in their lending portfolio. compared to non-fbi. we see that over a third of their lending come in general the lending portfolio is twice as exposed to sort of laces that traditionally have been underserved by perhaps th for lk of a better term, mainstream financial institutions. so we are therefore very interested in these institutio institutions. and some of you may have heard some presentations on the topic, we essentially are looking at various aspects of mdi, trying to take almost -- so not only in this presentation i'm going to focus more on the institution itself, but from previous research, and to support our motivation, that those institutions are in the very important in places they serve. one of the

>> mdi: i'm a curator of contemporary art. anthony: which is an exploding scene here?cultures. western culture, iranian, and islamic culture. >> mahdi: it's really a progress. it has changed a lot during the last decades. >> anthony: yeah. oh! >> mahdi: so this is the actual menu. >> anthony: right. >> mahdi: i would recommend you to try this one. >> ali: this one. >> mahdi: and this one. and this one. >> anthony: okay. >> ali: why not? >> anthony: chelo kebab wouldn't be complete without persian rice. fluffy, long-grained, and perfectly seasoned with saffron, the rice in this country is like nothing you've ever had. >> mahdi: so tony, first you should take the butter, and put it on your rice. bon appetit! >> anthony: bon appetit. this is good. >> ali: it's good! >> mahdi: it's very good, yeah. ♪ >> anthony: it was a hopeful time when i arrived in iran. a window had opened. there had been a slight loosening of restrictions since the election of president hassan rouhani and there was optimism for a deal that could lead to an easing of crippling economic sanctions impose