Abstract

Data on lending and deposit taking are derived from stock data on the reporting countries’ liabilities and assets, excluding changes attributed to exchange rate movements.

Table 16.

Interbank Lending and Deposit Taking, 1982-First Half 1986 1

(In billions of U.S. dollars)

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

Data on lending and deposit taking are derived from stock data on the reporting countries’ liabilities and assets, excluding changes attributed to exchange rate movements.

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

Excluding offshore centers.

Consisting of The Bahamas, Bahrain, the Cayman Islands, Hong Kong, the Netherlands Antilles, Panama, and Singapore.

Transactors 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 centrally planned economies (excluding Fund members).

Consisting of all 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.

Consisting of all developing countries except the eight Middle Eastern oil exporters (listed in footnote 6), Algeria, Indonesia, Nigeria, and Venezuela.

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

Lending to, minus deposit taking from.

Calculated as the difference between global measures of cross-border interbank lending and deposit taking.

Table 17.

Lending to and Deposit Taking from Nonbanks, 1982-First Half 1986 1

(In billions of U.S. dollars)

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

Data on lending and deposit taking are derived from stock data on the reporting countries’ liabilities and assets, excluding changes attributed to exchange rate movements.

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

Excluding offshore centers.

Consisting of The Bahamas, Bahrain, the Cayman Islands, Hong Kong, the Netherlands Antilles, Panama, and Singapore.

Transactors 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 centrally planned economies (excluding Fund members).

Calculated as the 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.

Consisting of all 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.

Consisting of all developing countries except the eight Middle Eastern oil exporters (listed in footnote 7), Algeria, Indonesia, Nigeria, and Venezuela.

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

Lending to, minus deposit taking from.

Table 18.

International Borrowing Operations in European Currency Units, 1983–86

(In billions of ECUs)

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Source: Organization for Economic Cooperation and Development, Financial Market Trends.

First half of 1986 on an annualized basis.

At constant (end-1983) exchange rates.

Table 19.

International Positions of Banks by Nationality of Ownership, September 1985

(In billions of U.S. dollars)

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Source: Bank for International Settlements, International Banking and Financial Market Developments.
Table 20.

Long-Term Bank Credit Commitments, 1981-Third Quarter 1986

(In billions of U.S. dollars)

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

Includes agreements in principle with Argentina and the Philippines and excludes the short-term trade deposit facility for Argentina of $0.5 billion.

Includes $0.1 billion for Costa Rica.

Includes agreements in principle with Chile and Colombia.

Includes agreement in principle with Mexico.

Excludes Fund member countries.

Table 21.

Terms of Long-Term Bank Credit Commitments, 1981-Third Quarter 1986 1

(In percent, unless otherwise indicated)

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Sources: Organization for Economic Cooperation and Development, Financial Market Trends; International Monetary Fund, International Financial Statistics (for Eurodollar rate); and U.S. Federal Reserve System, Federal Reserve Bulletin (for prime rate).

Country distribution not adjusted to Fund classification.

Does not include terms of agreements in principle with Argentina and the Philippines.

Does not include terms of agreement in principle with Chile and Colombia.

Does not include terms of agreement in principle with Mexico.

Table 22.

Cross-Country Comparison of Components of External Assets and Liabilities, End-December 1985 1

(In billions of U.S. dollars)

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Source: International Monetary Fund, International Financial Statistics.

Data include U.K. monetary sector and other financial institutions’ holdings of bonds.

Table 23.

External Assets of BIS Reporting Banks by Maturity and Undisbursed Credit Commitments, December 1981-December 1985

(In billions of U.S. dollars)

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Note: Up to June 1984 the reporting area for these data includes branches of U.S. banks and the affiliates in offshore reporting centers of banks in other countries. The December 1984 data are on a worldwide consolidated basis for all reporting countries. This series is only available semiannually and has longer lags than the data presented in quarterly publications of the Bank for International Settlements on international capital markets developments.Source: Bank for International Settlements, The Maturity Distribution of International Bank Lending.

Due to a change in the coverage and partial consolidation of the reporting area, 1983 figures should not be directly compared to 1982.

Figures are based on fully consolidated reports of banks, and should not be directly compared to 1983.

As of December 1985, Finland and Spain are included in the reporting area.