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BIS: Preliminary international banking statistics at end-March 2011

Statistical commentary on preliminary locational and consolidated banking statistics at end-March 2011. Detailed tables at end-March 2011, preliminary data and CSV data files on locational and consolidated banking statistics.

  • “Between end-December 2010 and end-March 2011, the cross-border claims of BIS reporting banks rebounded by 1.5% ($466 billion) after a drop of similar magnitude in the previous quarter. The increase was driven mainly by US dollar lending, to both banks and non-banks, which rose by 3.9%. Euro-denominated cross-border activity again shrank, albeit by only 0.4% compared with a fall of 4.3% in the fourth quarter of 2010. Lending to US residents (+$304 billion), mainly banks in the United States, accounted for most of the increase in cross-border claims on developed countries. Claims also expanded, for the eighth consecutive quarter, on developing countries (+$172 billion). Contractions were recorded vis-à-vis the euro area and the United Kingdom, by $77 billion and $58 billion respectively. Local claims in foreign currencies on residents in reporting countries grew by 1.2%, after a decline in the previous quarter.”
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