Back Matter

^¹Data on changes in claims and liabilities are derived from stock data on the reporting countries’ liabilities and assets, excluding changes attributed to exchange rate movements.

^²As measured by differences in the outstanding liabilities of borrowing countries, defined as cross-border interbank accounts by residence of borrowing bank.

^³Excluding offshore centers.

^⁴The Bahamas, Bahrain, the Cayman Islands, Hong Kong, the Netherlands Antilles, Panama, and Singapore.

^⁵Transactors included in IFS measures for the world, to enhance global symmetry, but excluded from IFS measures for “All Countries.” The data comprise changes in the accounts of the Bank for International Settlements with banks other than central banks and changes in identified cross-border interbank accounts of European developing economies (excluding IMF members).

^⁶All developing countries except the eight Middle Eastern oil exporters (the Islamic Republic of Iran, Iraq, Kuwait, the Libyan Arab Jamahiriya, Oman, Qatar, Saudi Arabia, and the United Arab Emirates) for which external debt statistics are either not available or are small in relation to external assets.

^⁷All developing countries except the eight Middle Eastern oil exporters (listed in footnote 6), Algeria, Indonesia, Nigeria, and Venezuela.

^⁸As measured by differences in the outstanding assets of depositing countries, defined as cross-border interbank accounts by residence of lending banks.

^⁹Difference between changes in claims and liabilities.

^¹⁰The difference between global measures of cross-border changes in interbank claims and liabilities.

^{Table A1.}

Change in Interbank Claims and Liabilities, 1985–First Quarter 1991¹

(In billions of U.S. dollars)

				1985	1986	1987	1988	1989	1990	First Quarter 1991
Total change in claims²				217	450	660	480	653	479	—
	Industrial countries			184	376	465	393	452	377	14
		Of which:
			United States	33	69	83	69	59	16	–12
			Japan	40	148	192	185	136	47	–54
	Developing countries³			8	4	16	–2	—	9	5
	Offshore centers⁴			19	81	163	82	171	112	–18
	Other transactors⁵			7	–11	15	8	30	–20	–2
Memorandum items
	Capital-importing developing countries^3,6			8	4	14	–6	–2	8	7
	Non-oil developing countries^3,7			6	4	14	–8	5	6	8
	Fifteen heavily indebted countries			—	–1	2	–10	–3	–9	2
Total change in liabilities⁸				213	466	625	445	651	432	–60
	Industrial countries			168	364	439	327	464	384	–23
		Of which:
			United States	8	56	35	63	61	–1	–14
			Japan	40	111	145	147	125	58	–41
	Developing countries³			1	–10	33	19	41	45	–1
	Offshore centers⁴			37	117	137	95	135	25	–33
	Other transactors⁵			8	–5	16	4	12	–21	–3
Memorandum items
	Capital-importing developing countries^3,6			5	2	25	12	36	50	—
	Non-oil developing countries^3,7			2	9	25	13	33	41	–2
	Fifteen heavily indebted countries			–3	–7	5	–1	7	13	—
Change in total net claims⁹				5	–16	35	35	2	47	59
	Industrial countries			16	12	26	66	–12	–7	37
		Of which:
			United States	25	13	48	6	–2	17	3
			Japan	–1	37	47	39	12	–11	–14
	Developing countries³			7	14	–17	–20	–41	–35	6
	Offshore centers⁴			–18	–36	26	–14	36	87	15
	Other transactions⁵			–1	–5	–1	4	18	2	1
Memorandum items
	Capital-importing developing countries^3,6			–3	2	–10	–18	–38	–42	7
	Non-oil developing countries^3,7			5	–5	–12	–22	–37	–34	10
	Fifteen heavily indebted countries			3	6	–3	–9	–10	–22	2
	Net errors and omissions¹⁰			–5	16	–35	–35	–2	–47	–59

Sources: International Monetary Fund, International Financial Statistics (IFS); and IMF staff estimates.

^¹Data on changes in claims and liabilities are derived from stock data on the reporting countries’ liabilities and assets, excluding changes attributed to exchange rate movements.

^²As measured by differences in the outstanding liabilities of borrowing countries, defined as cross-border interbank accounts by residence of borrowing bank.

^³Excluding offshore centers.

^⁴The Bahamas, Bahrain, the Cayman Islands, Hong Kong, the Netherlands Antilles, Panama, and Singapore.

^⁷All developing countries except the eight Middle Eastern oil exporters (listed in footnote 6), Algeria, Indonesia, Nigeria, and Venezuela.

^⁸As measured by differences in the outstanding assets of depositing countries, defined as cross-border interbank accounts by residence of lending banks.

^⁹Difference between changes in claims and liabilities.

^¹⁰The difference between global measures of cross-border changes in interbank claims and liabilities.

^{Table A1.}

Change in Interbank Claims and Liabilities, 1985–First Quarter 1991¹

(In billions of U.S. dollars)

				1985	1986	1987	1988	1989	1990	First Quarter 1991
Total change in claims²				217	450	660	480	653	479	—
	Industrial countries			184	376	465	393	452	377	14
		Of which:
			United States	33	69	83	69	59	16	–12
			Japan	40	148	192	185	136	47	–54
	Developing countries³			8	4	16	–2	—	9	5
	Offshore centers⁴			19	81	163	82	171	112	–18
	Other transactors⁵			7	–11	15	8	30	–20	–2
Memorandum items
	Capital-importing developing countries^3,6			8	4	14	–6	–2	8	7
	Non-oil developing countries^3,7			6	4	14	–8	5	6	8
	Fifteen heavily indebted countries			—	–1	2	–10	–3	–9	2
Total change in liabilities⁸				213	466	625	445	651	432	–60
	Industrial countries			168	364	439	327	464	384	–23
		Of which:
			United States	8	56	35	63	61	–1	–14
			Japan	40	111	145	147	125	58	–41
	Developing countries³			1	–10	33	19	41	45	–1
	Offshore centers⁴			37	117	137	95	135	25	–33
	Other transactors⁵			8	–5	16	4	12	–21	–3
Memorandum items
	Capital-importing developing countries^3,6			5	2	25	12	36	50	—
	Non-oil developing countries^3,7			2	9	25	13	33	41	–2
	Fifteen heavily indebted countries			–3	–7	5	–1	7	13	—
Change in total net claims⁹				5	–16	35	35	2	47	59
	Industrial countries			16	12	26	66	–12	–7	37
		Of which:
			United States	25	13	48	6	–2	17	3
			Japan	–1	37	47	39	12	–11	–14
	Developing countries³			7	14	–17	–20	–41	–35	6
	Offshore centers⁴			–18	–36	26	–14	36	87	15
	Other transactions⁵			–1	–5	–1	4	18	2	1
Memorandum items
	Capital-importing developing countries^3,6			–3	2	–10	–18	–38	–42	7
	Non-oil developing countries^3,7			5	–5	–12	–22	–37	–34	10
	Fifteen heavily indebted countries			3	6	–3	–9	–10	–22	2
	Net errors and omissions¹⁰			–5	16	–35	–35	–2	–47	–59

Sources: International Monetary Fund, International Financial Statistics (IFS); and IMF staff estimates.

^¹Data on changes in claims and liabilities are derived from stock data on the reporting countries’ liabilities and assets, excluding changes attributed to exchange rate movements.

^²As measured by differences in the outstanding liabilities of borrowing countries, defined as cross-border interbank accounts by residence of borrowing bank.

^³Excluding offshore centers.

^⁴The Bahamas, Bahrain, the Cayman Islands, Hong Kong, the Netherlands Antilles, Panama, and Singapore.

^⁷All developing countries except the eight Middle Eastern oil exporters (listed in footnote 6), Algeria, Indonesia, Nigeria, and Venezuela.

^⁸As measured by differences in the outstanding assets of depositing countries, defined as cross-border interbank accounts by residence of lending banks.

^⁹Difference between changes in claims and liabilities.

^¹⁰The difference between global measures of cross-border changes in interbank claims and liabilities.

^{Table A2}

Change in Claims on Nonbanks and Liabilities to Nonbanks, 1985–First Quarter 1991¹

(In billions of U.S. dollars)

Sources: International Monetary Fund, International Financial Statistics (IFS); and IMF staff estimates.

^¹Data on changes in claims and liabilities are derived from stock data on the reporting countries’ liabilities and assets, excluding changes attributed to exchange rate movements.

^²As measured by differences in the outstanding liabilities of borrowing countries, defined as cross-border bank credits to nonbanks by residence of borrower.

^³Excluding offshore centers.

^⁴The Bahamas, Bahrain, the Cayman Islands, Hong Kong, the Netherlands Antilles, Panama, and Singapore.

^⁵Transactors included in IFS measures for the world, to enhance global symmetry, but excluded from IFS measures for “All Countries.” The data comprise changes in the accounts of international organizations (other than the Bank for International Settlements) with banks; and changes in identified cross-border bank accounts of nonbanks in European developing economies (excluding Fund members).

^⁶The difference between the amount that countries report as their banks’ positions with nonresident nonbanks in their monetary statistics and the amounts that banks in major financial centers report as their positions with nonbanks in each country.

^⁷All developing countries except the eight Middle Eastern oil exporters (the Islamic Republic of Iran, Iraq, Kuwait, the Libyan Arab Jamahiriya, Oman, Qatar, Saudi Arabia, and the United Arab Emirates) for which external debt statistics are either not available or are small in relation to external assets.

^⁸All developing countries except the eight Middle Eastern oil exporters (listed in footnote 7), Algeria, Indonesia, Nigeria, and Venezuela.

^⁹As measured by differences in the outstanding assets of depositing countries defined as international bank deposits by nonbanks by residence of depositor.

^¹⁰Difference between changes in claims and liabilities.

^{Table A2}

Change in Claims on Nonbanks and Liabilities to Nonbanks, 1985–First Quarter 1991¹

(In billions of U.S. dollars)

				1985	1986	1987	1988	1989	1990	First Quarter 1991
Total change in claims²				60	88	139	74	187	263	52
	Industrial countries			25	38	79	81	120	204	25
		Of which:
			United States	21	25	23	39	35	49	2
			Japan	—	5	31	18	36	54	1
	Developing countries³			–4	–2	6	–3	11	–6	7
	Offshore centers⁴			10	5	1	3	10	16	–4
	Other transactors⁵			3	4	2	—	3	9	2
	Unidentified borrowers⁶			26	43	51	–7	43	41	21
Memorandum items
	Capital-importing developing countries^3,7			–3	–1	7	–3	8	–3	4
	Non-oil developing countries^3,8			–3	–1	8	–1	10	—	8
	Fifteen heavily indebted countries			–5	–1	1	–5	—	–19	–1
Total change in liabilities⁹				88	118	135	95	161	213	12
	Industrial countries			27	60	53	50	107	116	37
		Of which:
			United States	14	26	23	21	6	25	1
			Japan	1	2	1	2	13	–3	—
	Developing countries³			22	3	15	18	34	27	–6
	Offshore centers⁴			9	13	7	5	13	18	–4
	Other transactors⁵			1	–1	1	2	1	2	2
	Unidentified depositors⁶			30	42	58	20	6	50	–17
Memorandum items
	Capital-importing developing countries^3,7			16	6	11	13	23	21	–3
	Non-oil developing countries^3,8			14	7	11	12	20	20	–3
	Fifteen heavily indebted countries			8	2	5	6	10	8	–1
Change in total net claims on¹⁰				–27	–29	3	–22	26	50	40
	Industrial countries			–1	–22	25	31	13	88	–2
		Of which:
			United States	8	–1	1	19	28	24	1
			Japan	–1	3	30	16	22	57	1
	Developing countries³			–26	–5	–9	–21	–23	–33	13
	Offshore centers⁴			—	–8	–6	–2	–4	–2	—
	Other transactors⁵			2	5	1	–2	3	7	1
	Unidentified (net)⁶			–3	1	–7	–27	37	–9	38
Memorandum items
	Capital-importing developing countries^3,7			–19	–7	–5	–16	–15	–23	7
	Non-oil developing countries^3,8			–16	–8	–3	–13	–10	–19	10
	Fifteen heavily indebted countries			–13	–3	–4	–11	–10	–27	—

Sources: International Monetary Fund, International Financial Statistics (IFS); and IMF staff estimates.

^¹Data on changes in claims and liabilities are derived from stock data on the reporting countries’ liabilities and assets, excluding changes attributed to exchange rate movements.

^²As measured by differences in the outstanding liabilities of borrowing countries, defined as cross-border bank credits to nonbanks by residence of borrower.

^³Excluding offshore centers.

^⁴The Bahamas, Bahrain, the Cayman Islands, Hong Kong, the Netherlands Antilles, Panama, and Singapore.

^⁵Transactors included in IFS measures for the world, to enhance global symmetry, but excluded from IFS measures for “All Countries.” The data comprise changes in the accounts of international organizations (other than the Bank for International Settlements) with banks; and changes in identified cross-border bank accounts of nonbanks in European developing economies (excluding Fund members).

^⁸All developing countries except the eight Middle Eastern oil exporters (listed in footnote 7), Algeria, Indonesia, Nigeria, and Venezuela.

^⁹As measured by differences in the outstanding assets of depositing countries defined as international bank deposits by nonbanks by residence of depositor.

^¹⁰Difference between changes in claims and liabilities.

^{Table A2}

Change in Claims on Nonbanks and Liabilities to Nonbanks, 1985–First Quarter 1991¹

(In billions of U.S. dollars)

				1985	1986	1987	1988	1989	1990	First Quarter 1991
Total change in claims²				60	88	139	74	187	263	52
	Industrial countries			25	38	79	81	120	204	25
		Of which:
			United States	21	25	23	39	35	49	2
			Japan	—	5	31	18	36	54	1
	Developing countries³			–4	–2	6	–3	11	–6	7
	Offshore centers⁴			10	5	1	3	10	16	–4
	Other transactors⁵			3	4	2	—	3	9	2
	Unidentified borrowers⁶			26	43	51	–7	43	41	21
Memorandum items
	Capital-importing developing countries^3,7			–3	–1	7	–3	8	–3	4
	Non-oil developing countries^3,8			–3	–1	8	–1	10	—	8
	Fifteen heavily indebted countries			–5	–1	1	–5	—	–19	–1
Total change in liabilities⁹				88	118	135	95	161	213	12
	Industrial countries			27	60	53	50	107	116	37
		Of which:
			United States	14	26	23	21	6	25	1
			Japan	1	2	1	2	13	–3	—
	Developing countries³			22	3	15	18	34	27	–6
	Offshore centers⁴			9	13	7	5	13	18	–4
	Other transactors⁵			1	–1	1	2	1	2	2
	Unidentified depositors⁶			30	42	58	20	6	50	–17
Memorandum items
	Capital-importing developing countries^3,7			16	6	11	13	23	21	–3
	Non-oil developing countries^3,8			14	7	11	12	20	20	–3
	Fifteen heavily indebted countries			8	2	5	6	10	8	–1
Change in total net claims on¹⁰				–27	–29	3	–22	26	50	40
	Industrial countries			–1	–22	25	31	13	88	–2
		Of which:
			United States	8	–1	1	19	28	24	1
			Japan	–1	3	30	16	22	57	1
	Developing countries³			–26	–5	–9	–21	–23	–33	13
	Offshore centers⁴			—	–8	–6	–2	–4	–2	—
	Other transactors⁵			2	5	1	–2	3	7	1
	Unidentified (net)⁶			–3	1	–7	–27	37	–9	38
Memorandum items
	Capital-importing developing countries^3,7			–19	–7	–5	–16	–15	–23	7
	Non-oil developing countries^3,8			–16	–8	–3	–13	–10	–19	10
	Fifteen heavily indebted countries			–13	–3	–4	–11	–10	–27	—

Sources: International Monetary Fund, International Financial Statistics (IFS); and IMF staff estimates.

^¹Data on changes in claims and liabilities are derived from stock data on the reporting countries’ liabilities and assets, excluding changes attributed to exchange rate movements.

^²As measured by differences in the outstanding liabilities of borrowing countries, defined as cross-border bank credits to nonbanks by residence of borrower.

^³Excluding offshore centers.

^⁴The Bahamas, Bahrain, the Cayman Islands, Hong Kong, the Netherlands Antilles, Panama, and Singapore.

^⁵Transactors included in IFS measures for the world, to enhance global symmetry, but excluded from IFS measures for “All Countries.” The data comprise changes in the accounts of international organizations (other than the Bank for International Settlements) with banks; and changes in identified cross-border bank accounts of nonbanks in European developing economies (excluding Fund members).

^⁸All developing countries except the eight Middle Eastern oil exporters (listed in footnote 7), Algeria, Indonesia, Nigeria, and Venezuela.

^⁹As measured by differences in the outstanding assets of depositing countries defined as international bank deposits by nonbanks by residence of depositor.

^¹⁰Difference between changes in claims and liabilities.

^{Table A3}

Long-Term Bank Credit Commitments to Developing Countries, 1984–First Quarter 1991¹

(In billions of U.S. dollars)

Sources: Organization for Economic Cooperation and Development, Financial Statistics Monthly; and IMF staff estimates.

^¹Owing to rounding, components may not add.

^²Includes agreements in principle with Argentina, Côte d’lvoire, Ecuador, and the Philippines.

^³Includes a $0.1 billion revolving trade facility for Costa Rica.

^⁴Includes agreements in principle with the Congo, Mexico, and Nigeria.

^⁵Includes agreement in principle with Ecuador.

^⁶Includes agreements in principle with Côte d’lvoire and Yugoslavia.

^⁷Includes agreement in principle with Jordan and finalized agreements with Mexico and the Philippines.

^⁸Includes agreements in principle with Venezuela and Uruguay.

^⁹Excludes offshore banking centers.

^¹⁰Concerted lending refers to bank credit commitments coordinated by a bank advisory committee.

^¹¹Includes bank loans obtained by Colombia ($1.6 billion in 1989 and $1.8 billion in 1990) on a “semi-concerted” basis to refinance principal payments.

^¹²Includes a $0.1 billion concerted lending commitment to Panama.

^{Table A3}

Long-Term Bank Credit Commitments to Developing Countries, 1984–First Quarter 1991¹

(In billions of U.S. dollars)

											First Quarter
				1984²	1985³	1986⁴	1987⁵	1988⁶	1989⁷	1990⁸	1990	1991
Developing countries⁹				29.2	16.0	22.8	16.4	17.5	18.2	17.8	3.4	2.6
			Spontaneous lending	12.7	13.8	14.7	14.1	11.8	15.9	16.6	2.2	2.6
			Concerted lending¹⁰	16.5	2.2	8.1	2.3	5.7	2.3	1.3	1.2	—
	Capital importing countries⁹			28.1	14.4	21.4	16.3	17.2	16.8	17.8	3.4	2.6
			Spontaneous lending	11.6	12.2	13.3	14.0	11.5	14.5	16.6	2.2	2.6
			Concerted lending¹⁰	16.5	2.2	8.1	2.3	5.7	2.3	1.3	1.2	—
		Africa		0.6	1.5	1.8	0.7	0.6	0.5	0.6	0.1	—
			Spontaneous lending	0.5	—	1.4	0.7	0.4	0.5	0.6	0.1	—
			Concerted lending¹⁰	0.1	—	0.4	—	0.2	—	—	—	—
		Asia		9.4	7.5	8.2	8.5	7.8	8.9	10.7	1.9	2.6
			Spontaneous lending	8.5	7.5	8.2	8.5	7.8	8.3	10.7	1.9	2.6
			Concerted lending¹⁰	0.9	—	—	—	—	0.6	—	—	—
		Europe		1.6	2.8	2.8	4.1	2.2	2.7	1.7	—	—
			Spontaneous lending	1.6	2.8	2.8	4.1	1.9	2.7	1.7	—	—
			Concerted lending¹⁰	—	—	—	—	0.3	—	—	—	—
		Middle East		0.4	0.3	0.1	0.3	0.2	0.7	0.1	—	—
			Spontaneous lending	0.4	0.3	0.1	0.3	0.2	0.6	0.1	—	—
			Concerted lending¹⁰	—	—	—	—	—	0.1	—	—	—
		Western Hemisphere		16.1	2.4	8.5	2.7	6.4	4.1	4.8	1.4	—
			Spontaneous lending	0.6	0.2	0.8	0.4	1.2	3.0¹¹	2.7¹¹	0.2	—
			Concerted lending¹⁰	15.5	2.2	7.7	2.3	5.2	1.1	2.1	1.2	—
Memorandum items
	Other countries n.i.e.			1.9	3.5	2.1	1.5	2.5	1.5	3.0	—	—
	Offshore banking centers			0.9	0.4¹²	0.7	0.3	0.4	2.4	3.0	0.2	0.7

Sources: Organization for Economic Cooperation and Development, Financial Statistics Monthly; and IMF staff estimates.

^¹Owing to rounding, components may not add.

^²Includes agreements in principle with Argentina, Côte d’lvoire, Ecuador, and the Philippines.

^³Includes a $0.1 billion revolving trade facility for Costa Rica.

^⁴Includes agreements in principle with the Congo, Mexico, and Nigeria.

^⁵Includes agreement in principle with Ecuador.

^⁶Includes agreements in principle with Côte d’lvoire and Yugoslavia.

^⁷Includes agreement in principle with Jordan and finalized agreements with Mexico and the Philippines.

^⁸Includes agreements in principle with Venezuela and Uruguay.

^⁹Excludes offshore banking centers.

^¹⁰Concerted lending refers to bank credit commitments coordinated by a bank advisory committee.

^¹¹Includes bank loans obtained by Colombia ($1.6 billion in 1989 and $1.8 billion in 1990) on a “semi-concerted” basis to refinance principal payments.

^¹²Includes a $0.1 billion concerted lending commitment to Panama.

^{Table A3}

Long-Term Bank Credit Commitments to Developing Countries, 1984–First Quarter 1991¹

(In billions of U.S. dollars)

											First Quarter
				1984²	1985³	1986⁴	1987⁵	1988⁶	1989⁷	1990⁸	1990	1991
Developing countries⁹				29.2	16.0	22.8	16.4	17.5	18.2	17.8	3.4	2.6
			Spontaneous lending	12.7	13.8	14.7	14.1	11.8	15.9	16.6	2.2	2.6
			Concerted lending¹⁰	16.5	2.2	8.1	2.3	5.7	2.3	1.3	1.2	—
	Capital importing countries⁹			28.1	14.4	21.4	16.3	17.2	16.8	17.8	3.4	2.6
			Spontaneous lending	11.6	12.2	13.3	14.0	11.5	14.5	16.6	2.2	2.6
			Concerted lending¹⁰	16.5	2.2	8.1	2.3	5.7	2.3	1.3	1.2	—
		Africa		0.6	1.5	1.8	0.7	0.6	0.5	0.6	0.1	—
			Spontaneous lending	0.5	—	1.4	0.7	0.4	0.5	0.6	0.1	—
			Concerted lending¹⁰	0.1	—	0.4	—	0.2	—	—	—	—
		Asia		9.4	7.5	8.2	8.5	7.8	8.9	10.7	1.9	2.6
			Spontaneous lending	8.5	7.5	8.2	8.5	7.8	8.3	10.7	1.9	2.6
			Concerted lending¹⁰	0.9	—	—	—	—	0.6	—	—	—
		Europe		1.6	2.8	2.8	4.1	2.2	2.7	1.7	—	—
			Spontaneous lending	1.6	2.8	2.8	4.1	1.9	2.7	1.7	—	—
			Concerted lending¹⁰	—	—	—	—	0.3	—	—	—	—
		Middle East		0.4	0.3	0.1	0.3	0.2	0.7	0.1	—	—
			Spontaneous lending	0.4	0.3	0.1	0.3	0.2	0.6	0.1	—	—
			Concerted lending¹⁰	—	—	—	—	—	0.1	—	—	—
		Western Hemisphere		16.1	2.4	8.5	2.7	6.4	4.1	4.8	1.4	—
			Spontaneous lending	0.6	0.2	0.8	0.4	1.2	3.0¹¹	2.7¹¹	0.2	—
			Concerted lending¹⁰	15.5	2.2	7.7	2.3	5.2	1.1	2.1	1.2	—
Memorandum items
	Other countries n.i.e.			1.9	3.5	2.1	1.5	2.5	1.5	3.0	—	—
	Offshore banking centers			0.9	0.4¹²	0.7	0.3	0.4	2.4	3.0	0.2	0.7

Sources: Organization for Economic Cooperation and Development, Financial Statistics Monthly; and IMF staff estimates.

^¹Owing to rounding, components may not add.

^²Includes agreements in principle with Argentina, Côte d’lvoire, Ecuador, and the Philippines.

^³Includes a $0.1 billion revolving trade facility for Costa Rica.

^⁴Includes agreements in principle with the Congo, Mexico, and Nigeria.

^⁵Includes agreement in principle with Ecuador.

^⁶Includes agreements in principle with Côte d’lvoire and Yugoslavia.

^⁷Includes agreement in principle with Jordan and finalized agreements with Mexico and the Philippines.

^⁸Includes agreements in principle with Venezuela and Uruguay.

^⁹Excludes offshore banking centers.

^¹⁰Concerted lending refers to bank credit commitments coordinated by a bank advisory committee.

^¹¹Includes bank loans obtained by Colombia ($1.6 billion in 1989 and $1.8 billion in 1990) on a “semi-concerted” basis to refinance principal payments.

^¹²Includes a $0.1 billion concerted lending commitment to Panama.

^{Table A4}

Bank Credit Commitments by Country of Destination,1984–First Quarter 1991¹

(In billions of U.S. dollars)

Sources: Organization for Economic Cooperation and Development, Financial Statistics Monthly; and IMF staff estimates.

^¹OECD data on developing countries have been adjusted to include new money commitments under bank agreements in principle, as follows (amounts in billions of U.S. dollars):

1984: Argentina (3.7); Côte d’lvoire (0.1); Ecuador (0.2); the Philippines (0.9).

1985: Costa Rica (0.1 revolving trade facility)

1986: Congo (0.1); Mexico (7.7); Nigeria (0.3)

1987: Ecuador (0.4)

1988: Côte d’lvoire (0.2); Yugoslavia (0.3)

1989: Jordan (0.1); Mexico (1.1); the Philippines (0.7)

1990: Colombia (1.8); Uruguay (0.1); Venezuela (1.2)

^²Excludes offshore banking centers.

^³Includes former German Democratic Republic through 1989.

^{Table A4}

Bank Credit Commitments by Country of Destination,1984–First Quarter 1991¹

(In billions of U.S. dollars)

											First Quarter
				1984	1985	1986	1987	1988	1989	1990	1990	1991
Industrial countries				32.0	32.4	40.5	54.3	95.7	97.6	90.2	18.2	11.6
	Australia			2.4	2.6	5.0	3.1	3.8	8.2	2.6	1.1	1.6
	Belgium			0.9	0.7	0.8	0.3	0.9	0.5	1.1	0.9	—
	Canada			2.7	7.0	6.2	2.1	3.9	5.9	8.3	1.3	0.5
	Denmark			0.7	0.3	0.5	0.8	0.9	0.5	1.0	0.3	0.1
	France			2.0	4.1	3.7	3.0	7.5	5.9	6.7	0.9	1.8
	Italy			4.7	5.1	6.0	5.4	4.3	7.6	13.2	2.1	1.6
	Spain			3.5	2.6	4.5	1.1	1.7	1.7	1.8	0.7	0.3
	Sweden			0.4	1.0	0.1	0.5	2.3	0.7	2.7	0.8	1.1
	United Kingdom			3.3	1.5	2.2	12.9	32.1	19.8	22.4	2.8	0.3
	United States			5.3	3.5	5.2	15.7	28.3	32.9	11.7	2.9	2.7
	Other			6.1	4.0	6.3	9.4	10.0	13.9	18.7	4.4	1.6
Developing countries²				29.2	16.0	22.8	16.4	17.5	18.2	17.8	3.4	2.6
	Capital-importing developing countries²			28.1	14.4	21.4	16.3	17.2	16.8	17.8	3.4	2.6
		Africa		0.6	1.5	1.8	0.7	0.6	0.5	0.6	0.1	—
			Côte d’lvoire	0.1	0.1	—	—	0.2	—	—	—	—
			Morocco	—	0.1	—	—	0.1	—	0.1	—	—
			Nigeria	—	—	0.3	—	—	—	—	—	—
			South Africa	0.2	—	—	—	—	—	—	—	—
			Other	0.3	1.3	1.5	0.7	0.3	0.5	0.5	0.1	—
		Asia		9.4	7.5	8.2	8.5	7.8	8.9	10.7	1.9	2.6
			China	0.2	2.3	1.9	3.3	2.7	1.6	1.3	0.8	1.0
			India	0.6	0.2	1.2	1.8	1.6	1.4	0.7	0.3	0.1
			Indonesia	1.6	0.1	1.0	1.6	0.5	2.3	3.9	0.3	0.7
			Korea	3.7	3.7	1.5	0.9	1.2	0.7	1.9	0.2	0.4
			Malaysia	1.0	0.2	1.2	0.3	0.8	0.1	0.5	—	—
			Philippines	0.9	—	—	—	—	0.7	—	—	—
			Thailand	0.8	0.7	1.1	0.3	0.8	0.8	1.2	0.3	0.3
			Other	0.6	0.3	0.3	0.3	0.2	1.3	1.2	—	0.1
		Europe		1.6	2.8	2.8	4.1	2.2	2.1	1.7	—	—
			Hungary	0.8	0.9	0.8	1.4	0.2	0.8	—	—	—
			Turkey	0.4	1.6	2.0	2.6	1.7	1.7	1.6	—	—
			Yugoslavia	—	—	—	—	0.3	—	—	—	—
			Other	0.4	0.3	—	0.1	—	0.2	0.1	—	—
		Middle East		0.4	0.3	0.1	0.3	0.2	0.7	0.1	—	—
			Egypt	—	0.1	—	—	—	0.5	—	—	—
			Jordan	0.3	0.2	—	0.2	0.2	0.1	—	—	—
			Other	—	—	0.1	0.1	—	0.1	0.1	—	—
		Western Hemisphere		16.1	2.4	8.5	2.7	6.4	4.6	4.8	1.4	—
			Argentina	4.2	—	—	2.1	—	—	—	—	—
			Brazil	6.5	—	—	—	5.2	0.1	—	—	—
			Chile	0.8	1.1	—	—	0.2	—	0.3	—	—
			Colombia	0.4	1.1	0.2	0.1	1.0	1.6	1.8	—	—
			Ecuador	0.2	—	0.2	0.4	—	—	—	—	—
			Mexico	3.8	—	7.7	—	—	1.3	0.5	—	—
			Peru		—		—	—			—	—
			Venezuela	—	—	—	—	—	—	1.4	1.4	—
			Other	0.2	0.2	0.4	0.1	—	1.1	0.8	—	—
Other countries n.i.e.³				1.9	3.5	2.1	1.5	2.5	1.5	3.0	—	—
	Bulgaria			—	0.5	—	0.3	0.1	0.3	—	—	—
	Czechoslovakia			—	0.1	0.3	0.2	0.2	0.3	—	—	—
	U.S.S.R.			0.9	1.5	1.3	0.8	2.2	0.9	3.0	—	—
	Other			1.0	1.5	0.5	0.2	0.1	0.1	—	—	—
Offshore banking centers				0.9	0.4	0.7	0.3	0.4	2.4	3.0	0.2	0.7
International organizations and unallocated				3.5	4.0	5.2	11.7	10.0	3.3	7.3	0.5	0.9
			Total	67.5	56.3	71.3	84.3	126.1	123.0	121.3	22.3	15.8

Sources: Organization for Economic Cooperation and Development, Financial Statistics Monthly; and IMF staff estimates.

^¹OECD data on developing countries have been adjusted to include new money commitments under bank agreements in principle, as follows (amounts in billions of U.S. dollars):

1984: Argentina (3.7); Côte d’lvoire (0.1); Ecuador (0.2); the Philippines (0.9).

1985: Costa Rica (0.1 revolving trade facility)

1986: Congo (0.1); Mexico (7.7); Nigeria (0.3)

1987: Ecuador (0.4)

1988: Côte d’lvoire (0.2); Yugoslavia (0.3)

1989: Jordan (0.1); Mexico (1.1); the Philippines (0.7)

1990: Colombia (1.8); Uruguay (0.1); Venezuela (1.2)

^²Excludes offshore banking centers.

^³Includes former German Democratic Republic through 1989.

^{Table A4}

Bank Credit Commitments by Country of Destination,1984–First Quarter 1991¹

(In billions of U.S. dollars)

											First Quarter
				1984	1985	1986	1987	1988	1989	1990	1990	1991
Industrial countries				32.0	32.4	40.5	54.3	95.7	97.6	90.2	18.2	11.6
	Australia			2.4	2.6	5.0	3.1	3.8	8.2	2.6	1.1	1.6
	Belgium			0.9	0.7	0.8	0.3	0.9	0.5	1.1	0.9	—
	Canada			2.7	7.0	6.2	2.1	3.9	5.9	8.3	1.3	0.5
	Denmark			0.7	0.3	0.5	0.8	0.9	0.5	1.0	0.3	0.1
	France			2.0	4.1	3.7	3.0	7.5	5.9	6.7	0.9	1.8
	Italy			4.7	5.1	6.0	5.4	4.3	7.6	13.2	2.1	1.6
	Spain			3.5	2.6	4.5	1.1	1.7	1.7	1.8	0.7	0.3
	Sweden			0.4	1.0	0.1	0.5	2.3	0.7	2.7	0.8	1.1
	United Kingdom			3.3	1.5	2.2	12.9	32.1	19.8	22.4	2.8	0.3
	United States			5.3	3.5	5.2	15.7	28.3	32.9	11.7	2.9	2.7
	Other			6.1	4.0	6.3	9.4	10.0	13.9	18.7	4.4	1.6
Developing countries²				29.2	16.0	22.8	16.4	17.5	18.2	17.8	3.4	2.6
	Capital-importing developing countries²			28.1	14.4	21.4	16.3	17.2	16.8	17.8	3.4	2.6
		Africa		0.6	1.5	1.8	0.7	0.6	0.5	0.6	0.1	—
			Côte d’lvoire	0.1	0.1	—	—	0.2	—	—	—	—
			Morocco	—	0.1	—	—	0.1	—	0.1	—	—
			Nigeria	—	—	0.3	—	—	—	—	—	—
			South Africa	0.2	—	—	—	—	—	—	—	—
			Other	0.3	1.3	1.5	0.7	0.3	0.5	0.5	0.1	—
		Asia		9.4	7.5	8.2	8.5	7.8	8.9	10.7	1.9	2.6
			China	0.2	2.3	1.9	3.3	2.7	1.6	1.3	0.8	1.0
			India	0.6	0.2	1.2	1.8	1.6	1.4	0.7	0.3	0.1
			Indonesia	1.6	0.1	1.0	1.6	0.5	2.3	3.9	0.3	0.7
			Korea	3.7	3.7	1.5	0.9	1.2	0.7	1.9	0.2	0.4
			Malaysia	1.0	0.2	1.2	0.3	0.8	0.1	0.5	—	—
			Philippines	0.9	—	—	—	—	0.7	—	—	—
			Thailand	0.8	0.7	1.1	0.3	0.8	0.8	1.2	0.3	0.3
			Other	0.6	0.3	0.3	0.3	0.2	1.3	1.2	—	0.1
		Europe		1.6	2.8	2.8	4.1	2.2	2.1	1.7	—	—
			Hungary	0.8	0.9	0.8	1.4	0.2	0.8	—	—	—
			Turkey	0.4	1.6	2.0	2.6	1.7	1.7	1.6	—	—
			Yugoslavia	—	—	—	—	0.3	—	—	—	—
			Other	0.4	0.3	—	0.1	—	0.2	0.1	—	—
		Middle East		0.4	0.3	0.1	0.3	0.2	0.7	0.1	—	—
			Egypt	—	0.1	—	—	—	0.5	—	—	—
			Jordan	0.3	0.2	—	0.2	0.2	0.1	—	—	—
			Other	—	—	0.1	0.1	—	0.1	0.1	—	—
		Western Hemisphere		16.1	2.4	8.5	2.7	6.4	4.6	4.8	1.4	—
			Argentina	4.2	—	—	2.1	—	—	—	—	—
			Brazil	6.5	—	—	—	5.2	0.1	—	—	—
			Chile	0.8	1.1	—	—	0.2	—	0.3	—	—
			Colombia	0.4	1.1	0.2	0.1	1.0	1.6	1.8	—	—
			Ecuador	0.2	—	0.2	0.4	—	—	—	—	—
			Mexico	3.8	—	7.7	—	—	1.3	0.5	—	—
			Peru		—		—	—			—	—
			Venezuela	—	—	—	—	—	—	1.4	1.4	—
			Other	0.2	0.2	0.4	0.1	—	1.1	0.8	—	—
Other countries n.i.e.³				1.9	3.5	2.1	1.5	2.5	1.5	3.0	—	—
	Bulgaria			—	0.5	—	0.3	0.1	0.3	—	—	—
	Czechoslovakia			—	0.1	0.3	0.2	0.2	0.3	—	—	—
	U.S.S.R.			0.9	1.5	1.3	0.8	2.2	0.9	3.0	—	—
	Other			1.0	1.5	0.5	0.2	0.1	0.1	—	—	—
Offshore banking centers				0.9	0.4	0.7	0.3	0.4	2.4	3.0	0.2	0.7
International organizations and unallocated				3.5	4.0	5.2	11.7	10.0	3.3	7.3	0.5	0.9
			Total	67.5	56.3	71.3	84.3	126.1	123.0	121.3	22.3	15.8

Sources: Organization for Economic Cooperation and Development, Financial Statistics Monthly; and IMF staff estimates.

^¹OECD data on developing countries have been adjusted to include new money commitments under bank agreements in principle, as follows (amounts in billions of U.S. dollars):

1984: Argentina (3.7); Côte d’lvoire (0.1); Ecuador (0.2); the Philippines (0.9).

1985: Costa Rica (0.1 revolving trade facility)

1986: Congo (0.1); Mexico (7.7); Nigeria (0.3)

1987: Ecuador (0.4)

1988: Côte d’lvoire (0.2); Yugoslavia (0.3)

1989: Jordan (0.1); Mexico (1.1); the Philippines (0.7)

1990: Colombia (1.8); Uruguay (0.1); Venezuela (1.2)

^²Excludes offshore banking centers.

^³Includes former German Democratic Republic through 1989.

^{Table A5}

External Assets of BIS Reporting Banks by Maturity and Undisbursed Credit Commitments, December 1986–June 1990

(In billions of U.S. dollars)

Source: Bank for International Settlements, The Maturity Distribution of International Bank Lending.

^{Table A5}

External Assets of BIS Reporting Banks by Maturity and Undisbursed Credit Commitments, December 1986–June 1990

(In billions of U.S. dollars)

		December 1986			December 1987			December 1988			December 1989			June 1990
		External assets			External assets			External assets			External assets			External assets
		Total	Up to and including one year	Undisbursed credit commitments	Total	Up to and including one year	Undisbursed credit commitments	Total	Up to and including one year	Undisbursed credit commitments	Total	Up to and including one year	Undisbursed credit commitments	Total	Up to and including one year	Undisbursed credit commitments
Claims on
Industrial countries outside the BIS reporting area		91.5	40.4	22.8	106.5	49.5	27.1	107.7	49.9	31.3	112.9	54.2	33.6	117.3	58.7	32.6
	Australia	34.4	15.8	12.2	39.4	18.2	15.7	42.3	19.5	19.4	45.5	21.9	21.4	47.9	23.4	19.8
	Norway	17.5	10.0	3.9	23.2	14.3	3.9	21.5	13.0	4.1	22.8	14.2	5.4	24.3	15.8	6.0
	Other	39.6	14.6	6.7	43.9	17.0	7.5	43.9	17.4	7.8	44.6	18.1	6.8	45.1	19.5	6.8
Developing countries		493.8	202.5	66.5	522.3	214.2	74.6	492.5	199.4	77.5	479.2	200.6	76.3	455.3	197.7	74.9
	Capital-importing developing countries	467.0	182.0	61.7	493.3	192.1	69.3	464.0	178.0	71.9	447.3	176.5	70.7	423.9	174.9	68.8
Africa		66.6	31.7	7.4	73.2	33.4	8.8	66.9	29.1	9.5	64.4	30.2	9.9	64.9	29.4	9.5
	Côte d’lvoire	3.3	0.9	0.3	3.6	1.5	0.1	3.3	1.7	0.2	3.3	2.1	0.3	3.0	2.0	0.2
	Morocco	4.9	2.3	0.2	5.2	2.3	0.5	4.6	1.3	0.5	4.6	1.5	0.4	4.6	1.7	0.4
	Nigeria	9.9	5.1	0.7	10.8	4.5	0.7	9.0	3.8	0.9	7.3	2.4	0.8	7.0	2.3	0.8
	South Africa	15.6	11.0	1.7	16.0	9.4	1.5	14.6	7.2	1.4	13.9	9.0	1.8	14.1	7.4	2.2
	Zaïre	0.8	0.3	0.1	1.0	0.4	0.2	1.1	0.5	0.3	1.0	0.5	0.4	1.1	0.6	0.2
	Other	32.1	12.1	4.4	36.6	15.3	5.8	34.3	14.6	6.2	34.3	14.7	6.2	35.1	15.4	5.7
Asia		99.9	43.2	24.9	113.1	52.2	27.9	113.6	53.5	29.1	115.8	57.4	29.6	115.7	59.3	29.1
	China	6.6	3.1	6.3	12.0	4.7	8.0	16.7	6.5	9.0	18.0	5.8	6.0	18.8	6.1	5.0
	India	6.7	2.7	2.2	8.4	2.8	2.2	9.3	2.7	2.4	10.6	3.0	2.7	10.8	3.3	2.6
	Indonesia	15.9	6.4	3.7	17.7	6.5	4.2	17.9	7.4	4.3	18.8	8.3	4.0	20.1	10.4	4.6
	Korea	27.2	12.4	5.9	23.8	13.0	5.7	21.5	12.5	6.1	23.3	15.6	6.5	23.4	15.5	6.2
	Malaysia	10.8	2.3	1.1	10.0	1.8	1.0	8.4	1.7	1.0	7.8	1.8	0.9	6.9	1.8	1.1
	Philippines	13.9	5.5	0.9	13.1	4.1	0.7	11.6	2.8	0.9	9.6	2.9	1.2	9.1	3.0	1.2
	Thailand	6.7	2.5	2.0	7.5	2.4	2.4	8.3	3.5	1.8	10.6	5.8	2.2	11.7	7.0	2.4
	Other	12.1	8.3	2.8	20.6	16.9	3.7	19.3	16.4	3.6	17.1	14.2	6.1	14.9	12.2	6.0
Europe		43.5	15.3	4.8	49.8	16.5	6.3	44.7	14.8	6.3	44.2	13.6	5.7	45.4	15.0	5.8
	Hungary	10.0	3.4	1.2	12.4	3.2	1.5	11.7	3.0	1.3	12.9	3.1	1.3	11.2	2.7	1.1
	Poland	10.7	2.4	0.3	11.9	3.3	0.5	10.3	3.1	0.4	10.0	2.8	0.4	10.1	2.5	0.7
	Romania	2.8	1.0	0.2	2.4	…	…	0.7	0.4	0.3	0.2	0.2	0.3	0.2	0.2	0.2
	Turkey	8.3	4.3	2.2	11.2	…	3.1	10.7	4.8	2.9	10.9	4.8	2.7	12.6	6.0	2.6
	Yugoslavia	10.3	3.7	0.6	9.9	3.1	0.5	8.8	2.1	0.7	7.7	1.5	0.5	7.0	1.3	0.6
	Other	1.4	0.5	0.3	2.1	6.9	0.7	2.5	1.4	0.7	3.4	1.7	0.5	4.3	2.3	0.6
Middle East		15.7	9.8	3.4	16.2	9.5	4.2	15.2	8.0	4.3	14.1	7.8	3.8	13.6	7.7	2.9
	Egypt	6.5	3.3	1.9	6.8	3.4	2.1	6.1	2.8	1.9	6.1	3.0	1.6	5.9	2.8	1.5
	Israel	5.2	3.4	0.5	5.0	2.9	0.8	4.3	2.3	1.3	3.5	2.1	1.1	3.4	2.2	0.7
	Other	4.0	3.1	1.0	4.4	3.2	1.3	4.8	2.9	1.1	4.5	2.7	1.1	4.3	2.7	0.7
Western Hemisphere		241.2	81.9	21.2	241.0	80.5	22.1	223.5	72.6	22.7	208.7	67.5	21.8	184.2	63.6	21.4
	Argentina	31.1	10.3	1.4	33.2	10.8	2.1	32.4	8.5	1.5	27.1	6.0	1.4	25.1	6.2	1.2
	Brazil	69.4	25.6	4.9	69.2	28.6	4.8	63.9	26.1	5.0	61.0	23.3	4.7	55.0	20.7	4.0
	Chile	14.2	5.5	0.7	12.8	4.6	1.2	11.0	3.9	0.8	9.3	4.1	0.8	8.6	3.9	0.9
	Colombia	6.7	2.4	1.2	6.3	2.0	1.2	6.6	2.4	1.1	6.3	2.4	1.1	6.1	2.1	1.0
	Ecuador	5.3	1.8	0.7	5.3	1.9	0.6	4.5	2.1	0.3	4.1	1.9	0.5	3.6	1.6	0.4
	Mexico	70.9	16.5	4.3	69.9	15.7	4.3	62.8	13.9	2.6	59.7	14.6	2.3	46.9	14.6	3.7
	Peru	4.5	2.6	0.4	4.2	2.5	0.2	3.7	2.3	0.1	3.1	1.9	0.2	3.0	1.7	0.1
	Venezuela	25.9	11.3	1.4	25.2	6.7	1.7	25.0	6.8	3.4	23.1	5.9	1.5	21.2	5.6	1.5
	Other	13.2	5.9	6.2	14.9	7.7	6.6	13.6	6.6	7.9	15.0	7.4	9.3	14.7	7.2	8.6
Other countries n.i.e.		51.4	22.5	6.6	60.1	25.5	9.1	66.3	28.5	11.6	76.5	35.3	12.3	73.6	31.3	11.9
	Czechoslovakia	3.1	1.7	0.8	4.2	2.3	1.1	4.5	2.4	1.1	5.4	5.7	1.1	5.1	2.4	1.2
	German Democratic Republic	12.2	4.7	1.7	15.0	5.8	2.3	16.0	5.2	3.0	17.1	2.6	2.4	17.2	5.7	2.4
	U.S.S.R.	28.7	12.4	3.2	32.2	13.3	4.2	36.1	16.4	6.1	43.4	21.3	7.3	40.6	17.0	7.2
	Other	7.4	3.7	0.9	8.7	4.1	1.5	9.7	4.5	1.4	10.6	5.7	1.5	10.7	6.2	1.1
Total		636.7	265.4	95.9	688.9	289.1	110.8	666.4	277.8	120.4	668.6	290.1	122.2	646.2	287.7	119.4

Source: Bank for International Settlements, The Maturity Distribution of International Bank Lending.

^{Table A5}

External Assets of BIS Reporting Banks by Maturity and Undisbursed Credit Commitments, December 1986–June 1990

(In billions of U.S. dollars)

		December 1986			December 1987			December 1988			December 1989			June 1990
		External assets			External assets			External assets			External assets			External assets
		Total	Up to and including one year	Undisbursed credit commitments	Total	Up to and including one year	Undisbursed credit commitments	Total	Up to and including one year	Undisbursed credit commitments	Total	Up to and including one year	Undisbursed credit commitments	Total	Up to and including one year	Undisbursed credit commitments
Claims on
Industrial countries outside the BIS reporting area		91.5	40.4	22.8	106.5	49.5	27.1	107.7	49.9	31.3	112.9	54.2	33.6	117.3	58.7	32.6
	Australia	34.4	15.8	12.2	39.4	18.2	15.7	42.3	19.5	19.4	45.5	21.9	21.4	47.9	23.4	19.8
	Norway	17.5	10.0	3.9	23.2	14.3	3.9	21.5	13.0	4.1	22.8	14.2	5.4	24.3	15.8	6.0
	Other	39.6	14.6	6.7	43.9	17.0	7.5	43.9	17.4	7.8	44.6	18.1	6.8	45.1	19.5	6.8
Developing countries		493.8	202.5	66.5	522.3	214.2	74.6	492.5	199.4	77.5	479.2	200.6	76.3	455.3	197.7	74.9
	Capital-importing developing countries	467.0	182.0	61.7	493.3	192.1	69.3	464.0	178.0	71.9	447.3	176.5	70.7	423.9	174.9	68.8
Africa		66.6	31.7	7.4	73.2	33.4	8.8	66.9	29.1	9.5	64.4	30.2	9.9	64.9	29.4	9.5
	Côte d’lvoire	3.3	0.9	0.3	3.6	1.5	0.1	3.3	1.7	0.2	3.3	2.1	0.3	3.0	2.0	0.2
	Morocco	4.9	2.3	0.2	5.2	2.3	0.5	4.6	1.3	0.5	4.6	1.5	0.4	4.6	1.7	0.4
	Nigeria	9.9	5.1	0.7	10.8	4.5	0.7	9.0	3.8	0.9	7.3	2.4	0.8	7.0	2.3	0.8
	South Africa	15.6	11.0	1.7	16.0	9.4	1.5	14.6	7.2	1.4	13.9	9.0	1.8	14.1	7.4	2.2
	Zaïre	0.8	0.3	0.1	1.0	0.4	0.2	1.1	0.5	0.3	1.0	0.5	0.4	1.1	0.6	0.2
	Other	32.1	12.1	4.4	36.6	15.3	5.8	34.3	14.6	6.2	34.3	14.7	6.2	35.1	15.4	5.7
Asia		99.9	43.2	24.9	113.1	52.2	27.9	113.6	53.5	29.1	115.8	57.4	29.6	115.7	59.3	29.1
	China	6.6	3.1	6.3	12.0	4.7	8.0	16.7	6.5	9.0	18.0	5.8	6.0	18.8	6.1	5.0
	India	6.7	2.7	2.2	8.4	2.8	2.2	9.3	2.7	2.4	10.6	3.0	2.7	10.8	3.3	2.6
	Indonesia	15.9	6.4	3.7	17.7	6.5	4.2	17.9	7.4	4.3	18.8	8.3	4.0	20.1	10.4	4.6
	Korea	27.2	12.4	5.9	23.8	13.0	5.7	21.5	12.5	6.1	23.3	15.6	6.5	23.4	15.5	6.2
	Malaysia	10.8	2.3	1.1	10.0	1.8	1.0	8.4	1.7	1.0	7.8	1.8	0.9	6.9	1.8	1.1
	Philippines	13.9	5.5	0.9	13.1	4.1	0.7	11.6	2.8	0.9	9.6	2.9	1.2	9.1	3.0	1.2
	Thailand	6.7	2.5	2.0	7.5	2.4	2.4	8.3	3.5	1.8	10.6	5.8	2.2	11.7	7.0	2.4
	Other	12.1	8.3	2.8	20.6	16.9	3.7	19.3	16.4	3.6	17.1	14.2	6.1	14.9	12.2	6.0
Europe		43.5	15.3	4.8	49.8	16.5	6.3	44.7	14.8	6.3	44.2	13.6	5.7	45.4	15.0	5.8
	Hungary	10.0	3.4	1.2	12.4	3.2	1.5	11.7	3.0	1.3	12.9	3.1	1.3	11.2	2.7	1.1
	Poland	10.7	2.4	0.3	11.9	3.3	0.5	10.3	3.1	0.4	10.0	2.8	0.4	10.1	2.5	0.7
	Romania	2.8	1.0	0.2	2.4	…	…	0.7	0.4	0.3	0.2	0.2	0.3	0.2	0.2	0.2
	Turkey	8.3	4.3	2.2	11.2	…	3.1	10.7	4.8	2.9	10.9	4.8	2.7	12.6	6.0	2.6
	Yugoslavia	10.3	3.7	0.6	9.9	3.1	0.5	8.8	2.1	0.7	7.7	1.5	0.5	7.0	1.3	0.6
	Other	1.4	0.5	0.3	2.1	6.9	0.7	2.5	1.4	0.7	3.4	1.7	0.5	4.3	2.3	0.6
Middle East		15.7	9.8	3.4	16.2	9.5	4.2	15.2	8.0	4.3	14.1	7.8	3.8	13.6	7.7	2.9
	Egypt	6.5	3.3	1.9	6.8	3.4	2.1	6.1	2.8	1.9	6.1	3.0	1.6	5.9	2.8	1.5
	Israel	5.2	3.4	0.5	5.0	2.9	0.8	4.3	2.3	1.3	3.5	2.1	1.1	3.4	2.2	0.7
	Other	4.0	3.1	1.0	4.4	3.2	1.3	4.8	2.9	1.1	4.5	2.7	1.1	4.3	2.7	0.7
Western Hemisphere		241.2	81.9	21.2	241.0	80.5	22.1	223.5	72.6	22.7	208.7	67.5	21.8	184.2	63.6	21.4
	Argentina	31.1	10.3	1.4	33.2	10.8	2.1	32.4	8.5	1.5	27.1	6.0	1.4	25.1	6.2	1.2
	Brazil	69.4	25.6	4.9	69.2	28.6	4.8	63.9	26.1	5.0	61.0	23.3	4.7	55.0	20.7	4.0
	Chile	14.2	5.5	0.7	12.8	4.6	1.2	11.0	3.9	0.8	9.3	4.1	0.8	8.6	3.9	0.9
	Colombia	6.7	2.4	1.2	6.3	2.0	1.2	6.6	2.4	1.1	6.3	2.4	1.1	6.1	2.1	1.0
	Ecuador	5.3	1.8	0.7	5.3	1.9	0.6	4.5	2.1	0.3	4.1	1.9	0.5	3.6	1.6	0.4
	Mexico	70.9	16.5	4.3	69.9	15.7	4.3	62.8	13.9	2.6	59.7	14.6	2.3	46.9	14.6	3.7
	Peru	4.5	2.6	0.4	4.2	2.5	0.2	3.7	2.3	0.1	3.1	1.9	0.2	3.0	1.7	0.1
	Venezuela	25.9	11.3	1.4	25.2	6.7	1.7	25.0	6.8	3.4	23.1	5.9	1.5	21.2	5.6	1.5
	Other	13.2	5.9	6.2	14.9	7.7	6.6	13.6	6.6	7.9	15.0	7.4	9.3	14.7	7.2	8.6
Other countries n.i.e.		51.4	22.5	6.6	60.1	25.5	9.1	66.3	28.5	11.6	76.5	35.3	12.3	73.6	31.3	11.9
	Czechoslovakia	3.1	1.7	0.8	4.2	2.3	1.1	4.5	2.4	1.1	5.4	5.7	1.1	5.1	2.4	1.2
	German Democratic Republic	12.2	4.7	1.7	15.0	5.8	2.3	16.0	5.2	3.0	17.1	2.6	2.4	17.2	5.7	2.4
	U.S.S.R.	28.7	12.4	3.2	32.2	13.3	4.2	36.1	16.4	6.1	43.4	21.3	7.3	40.6	17.0	7.2
	Other	7.4	3.7	0.9	8.7	4.1	1.5	9.7	4.5	1.4	10.6	5.7	1.5	10.7	6.2	1.1
Total		636.7	265.4	95.9	688.9	289.1	110.8	666.4	277.8	120.4	668.6	290.1	122.2	646.2	287.7	119.4

Source: Bank for International Settlements, The Maturity Distribution of International Bank Lending.

^{Table A6}

Change in Claims of U.S. Banks on Developing Countries, 1985–90¹

(In billions of U.S. dollars and in percent)

Source: Federal Financial Institutions Examination Council, Country Exposure Lending Survey.

^¹Data are based on consolidated reports of banks; owing to rounding, components may not add.

^²Data for 1989–90 are based on the 12 major banks.

^³Excludes offshore banking centers.

^{Table A6}

Change in Claims of U.S. Banks on Developing Countries, 1985–90¹

(In billions of U.S. dollars and in percent)

			1985		1986		1987		1988		1989²		1990²
			Billion U.S. dollars	Growth rate	Billion U.S. dollars	Growth rate	Billion U.S. dollars	Growth rate	Billion U.S. dollars	Growth rate	Billion U.S. dollars	Growth rate	Billion U.S. dollars	Growth rate
Developing countries³
	All banks		–13.0	–8.5	–12.5	–9.0	–7.1	–5.6	–15.0	–12.6	–14.3	–13.7	–11.4	–12.6
		Nine banks	–7.1	–7.5	–7.7	–8.7	–4.3	–5.4	–7.5	–9.9	–7.0	–10.2	–5.9	–9.6
		Fifteen banks	–5.0	–16.5	–2.8	–10.9	–1.4	–6.3	–3.4	–16.1	–3.9	–22.1	–3.4	–24.2
		Others	–0.8	–3.2	–2.1	–8.1	–1.3	–5.7	–4.1	–18.5	–3.4	–18.8	–2.1	–14.3
Capital-importing developing countries³
	All banks		–11.6	–7.9	–11.7	–8.6	–6.1	–4.9	–14.8	–12.6	–14.6	–14.2	–11.3	–12.9
		Nine banks	–6.3	–6.9	–7.0	–8.2	–3.6	–4.6	–7.1	–9.6	–7.3	–10.9	–5.9	–9.9
		Fifteen banks	–4.6	–15.5	–2.8	–11.2	–1.2	–5.6	–3.5	–16.5	–3.9	–22.4	–3.3	–24.5
		Others	–0.8	–2.9	–1.9	–7.7	–1.3	–5.4	–4.2	–19.0	–3.4	–19.0	–2.1	–14.4
Africa
	All banks		–2.8	–22.4	–2.0	–20.1	–0.3	–4.0	–1.3	–17.0	–0.5	–7.8	–0.9	–16.4
		Nine banks	–1.6	–18.3	–1.4	–19.4	–0.1	–2.5	–1.0	–17.4	–0.3	–7.0

Topics

Countries

Series

About

Resources

Abstract

Statistical Appendix