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Statistical Annex


                                          The international banking market

Introduction to the BIS locational and consolidated
international banking statistics ........................................................................................... page A4

1       BIS reporting banks: Summary of international positions ................................................... A7
2       External positions of banks in individual reporting countries .............................................. A8
3       External loans and deposits of banks in individual reporting countries ............................. A16
4       Local positions in foreign currency of banks in individual reporting countries ................... A20
5       Currency breakdown of reporting banks’ international positions....................................... A24
6       External positions of reporting banks vis-à-vis individual countries .................................. A28
7       External loans and deposits of reporting banks vis-à-vis individual countries ................... A44
8       International positions by nationality of ownership of reporting banks .............................. A60
9       Consolidated claims of reporting banks on individual countries........................................ A64
10      Signed international syndicated credit facilities by nationality of borrower ..................... A110


                                                      Securities markets

11      International debt securities by residence of issuer........................................................                 A113
12      International debt securities by nationality of issuer .......................................................               A114
13      International debt securities by type, sector and currency..............................................                     A118
14      International debt securities by residence of issuer........................................................                 A120
15      International debt securities by nationality of issuer .......................................................               A122
16      Domestic debt securities by sector and residence of issuer ...........................................                       A124
17      Debt securities with remaining maturity up to one year ..................................................                    A126
18      Announced international equity issues by nationality of issuer .......................................                       A128


                                                     Derivatives markets

19      Amounts outstanding of over-the-counter (OTC) derivatives
        by risk category and instrument .....................................................................................        A131
20      Amounts outstanding of OTC foreign exchange derivatives ...........................................                          A131
21      Amounts outstanding of OTC single-currency interest rate derivatives...........................                              A133
22      Amounts outstanding of OTC equity-linked and commodity derivatives..........................                                 A134
23      Derivative financial instruments traded on organised exchanges
        by instrument and location .............................................................................................     A136


Notes to tables ........................................................................................................................ A138




BIS Quarterly Review, September 2011                                                                                                      A1
The international banking market 1


Introduction to the BIS locational and consolidated
international banking statistics ........................................................................................... page A4

1       BIS reporting banks: Summary of international positions ............................................ A7

2       External positions of banks in individual reporting countries
A       In all currencies vis-à-vis all sectors .................................................................................. A8
B       In all currencies vis-à-vis the non-bank sector ................................................................. A10
C       In foreign currencies vis-à-vis all sectors ......................................................................... A12
D       In foreign currencies vis-à-vis the non-bank sector .......................................................... A14

3       External loans and deposits of banks in individual reporting countries
A       In all currencies vis-à-vis all sectors ................................................................................ A16
B       In all currencies vis-à-vis the non-bank sector ................................................................. A18

4       Local positions in foreign currency of banks in individual reporting countries
A       Vis-à-vis all sectors.......................................................................................................... A20
B       Vis-à-vis the non-bank sector........................................................................................... A22

5       Currency breakdown of reporting banks’ international positions
A       Cross border positions vis-à-vis all sectors ......................................................................             A24
B       Cross border positions vis-à-vis the non-bank sector .......................................................                    A25
C       Cross border positions vis-à-vis official monetary institutions...........................................                      A26
D       Local positions in foreign currency vis-à-vis all sectors and vis-à-vis
        the non-bank sector .........................................................................................................   A27

6       External positions of reporting banks vis-à-vis individual countries
A       Vis-à-vis all sectors.......................................................................................................... A28
B       Vis-à-vis the non-bank sector........................................................................................... A36

7       External loans and deposits of reporting banks vis-à-vis individual countries
A       Vis-à-vis all sectors.......................................................................................................... A44
B       Vis-à-vis the non-bank sector........................................................................................... A52

8       International positions by nationality of ownership of reporting banks
A       Amounts outstanding ....................................................................................................... A60
B       Estimated exchange rate adjusted changes ..................................................................... A62

9       Consolidated claims of reporting banks on individual countries
A       International and foreign claims by maturity and sector.................................................... A64
B       Foreign claims by nationality of reporting banks, immediate borrower basis .................... A72
C       Foreign claims by sector and type, ultimate risk basis ..................................................... A84
D       Foreign claims by nationality of reporting banks, ultimate risk basis ................................ A88
E       Foreign exposures on selected individual countries, ultimate risk basis ........................ A100

10      Signed international syndicated credit facilities by nationality of borrower ........... A110


1
     More detailed data and a full set of historical time series are available on the BIS website under
     http://www.bis.org/statistics/bankstats.htm.


BIS Quarterly Review, September 2011                                                                                                     A3
Introduction to the BIS locational and consolidated international banking
 statistics

 The BIS collects and disseminates two different sets of international banking data, both based on
 information provided by banks. The first set of data is known as the locational statistics and is
 presented in Annex Tables 1–8B. These statistics were originally introduced in 1964 to monitor the
 development of eurocurrency markets, although in practice comprehensive locational data are only
 available from 1977. The second set, known as the consolidated statistics, is shown in Annex
 Tables 9A–9D. They were launched in a comprehensive form in 1983 following the onset of the
 Mexican debt crisis, with the main purpose of monitoring industrial country banks’ exposure to
 developing countries. Once differences in reporting regimes are taken into account, the two sets of
 data may be used to complement one another in economic analysis. The basic characteristics of
 the two data sets are summarised in the table below.
       The locational reporting system collects quarterly data on the gross international financial
 claims and liabilities of banks resident in a given country. The main purpose of the statistics is to
 provide information on the role of banks and financial centres in the intermediation of international
 capital flows. The reporting system is currently comprised of 43 countries (see the table overleaf).
 The key organisational criteria are the country of residence of the reporting banks and their
 counterparties as well as the recording of all positions on a gross basis, including those vis-à-vis
 own affiliates. This methodology is consistent with the principles underlying the compilation of
 national accounts, balances of payments and external debt statistics. The currency detail supplied
 by the reporting countries allows the approximation of capital flows, adjusted for exchange rate
 fluctuations.
       The consolidated banking statistics report banks’ on-balance sheet financial claims (ie
 contractual lending) vis-à-vis the rest of the world and provide a measure of the risk exposures of
 lenders’ national banking systems. The data cover contractual (immediate borrower) and ultimate
 risk lending by the head office and all its branches and subsidiaries on a worldwide consolidated
 basis, net of inter-office accounts. Reporting of lending in this way allows the allocation of claims to
 the bank entity that would bear the losses as a result of default by borrowers. The consolidated
 statistics also provide information on the maturity (ie liquidity) and sector risk distribution of banks’
 contractual lending. Furthermore, to reflect the fact that banks’ country risk exposure can differ
 substantially from that of contractual lending due to the use of risk mitigants such as guarantees
 and collateral, reporting countries provide information on claims on an ultimate risk basis (ie


 Data characteristics                   Locational                          Consolidated
                                        (Tables 1–8 B)                      (Tables 9 A–9 D)

 Creditor reporting basis               Residence (host country)            Nationality (home country)

 Number of reporting countries          43                                  30

 Frequency                              Quarterly since 1977                Quarterly since March 20001

 Reported data                          External claims and liabilities     Worldwide consolidated claims

 Inter-office netting-out               No                                  Yes

 Type of counterparty                   Immediate borrower                  Immediate (contractual) and ultimate
                                                                            borrower

 Composition of claims by:
     Country of borrower                Yes                                 Yes
     Currency                           Yes                                 No
     Type of instrument                 Yes (loans, deposits, securities)   No
     Maturity                           No                                  Yes
     Sector                             Yes (bank, non-banks)               Yes (banks, non-banks, public)
 1
     Semiannual available since 1983.




A4                                                                           BIS Quarterly Review, September 2011
contractual claims net of guarantees and collateral) since June 1999. A finer breakdown of BIS
  reporting banks’ foreign claims on an ultimate risk basis, and information about derivatives, credit
  commitments and guarantees are provided as of 2005 Q1. The consolidated statistics became
  available on a quarterly basis in March 2000; previously, the statistics were collected semiannually.
  There are currently 30 countries reporting these data (see the table below).
        Because more countries contribute to the locational bank lending data, one would expect the
  measure of outstanding debt as reported by the locational data to exceed that of the consolidated
  data. However, the reporting of worldwide positions in the consolidated data tends to compensate
  for this. While the locational statistics are appropriate for measuring lending flows in a given period,
  the consolidated statistics are more suited to gauging the size of banks’ country and liquidity risk
  exposures. The detailed maturity and sector breakdowns of the consolidated statistics can be used
  to supplement the locational data.


  Reporting countries providing locational banking data
  First year of joining followed by first period of data availability in brackets

  Australia (1997, Q4 1997)                          Germany (1977, Q4 1977)                  Netherlands (1977, Q4 1977)
  Austria (1977, Q4 1977)                            Greece (2003, Q4 2003)                   Netherlands Antilles (1983, Q4 1983)
  Bahamas (1983, Q4 1983) 1                          Guernsey (2001, Q4 2001)                 Norway (1983, Q4 1983)
  Bahrain (1983, Q4 1983)                            Hong Kong SAR (1983, Q4 1983)            Panama (2002, Q4 2002)
  Belgium (1977, Q4 1977)                            India (2001, Q4 2001)                    Portugal (1997, Q4 1997)
  Bermuda (2002, Q4 2002)                            Ireland (1977, Q4 1977)                  Singapore (1983, Q4 1983)
  Brazil (2002, Q4 2002)                             Isle of Man (2001, Q4 2001)              South Africa (2009, Q3 2009)
  Canada (1977, Q4 1977)                             Italy (1977, Q4 1977)                    Spain (1983, Q4 1983)
  Cayman Islands (1983, Q4 1983)                     Japan (1977, Q4 1977)                    Sweden (1977, Q4 1977)
  Chile (2002, Q4 2002)                              Jersey (2001, Q4 2001)                   Switzerland (1977, Q4 1977)
  Chinese Taipei(2000, Q4 2000)                      Korea (2005, Q1 2005)                    Turkey (2000, Q4 2000)
  Cyprus (2008, Q4 2008)                             Luxembourg (1977, Q4 1977)               United Kingdom (1977, Q4 1977)
  Denmark (1977, Q4 1977)                            Macao SAR (2006, Q4 2003)                United States (1977, Q4 1977)
  Finland (1983, Q4 1983)                            Malaysia (2008, Q4 2007)
  France (1977, Q4 1977)                             Mexico (2003, Q4 2003)

  Reporting countries providing consolidated banking data
  First year of joining followed by first period of data availability in brackets

  Australia (2003, Q4 2003)                          Germany (1983, Q4 1983)                  Norway (1994, Q2 1994)
  Austria (1983, Q4 1983)                            Greece (2003, Q4 2003)                   Panama (2002, Q4 2002) 2
  Belgium (1983, Q4 1983)                            Hong Kong SAR (1997, Q4 1997) 2          Portugal (1999, Q4 1999)
  Brazil (2002, Q4 2002)2                            India (2001, Q4 2000)                    Singapore (2000, Q4 2000)
  Canada (1983, Q4 1983)                             Ireland (1983, Q4 1983)                  Spain (1985, Q4 1985)
  Chile (2002, Q4 2002)                              Italy (1983, Q4 1983)                    Sweden (1983, Q4 1983)
  Chinese Taipei (2000, Q4 2000)                     Japan (1983, Q4 1983)                    Switzerland (1983, Q4 1983)
  Denmark (1983, Q4 1983) 2                          Luxembourg (1983, Q4 1983) 2             Turkey (2000, Q4 2000)
  Finland (1985, Q4 1985)                            Mexico (2003, Q4 2003) 2                 United Kingdom (1983, Q4 1983)
  France (1983, Q4 1983)                             Netherlands (1983, Q4 1983)              United States (1983, Q4 1983)
  1                              2
      Semi-annual reporting.         Provides only consolidated banking statistics on an immediate borrower basis.
  ______________________________________________________


  
    For a more detailed analysis, see the special feature “The BIS consolidated banking statistics: structure, uses and
  improvements” in September 2005 BIS Quarterly Review.




BIS Quarterly Review, September 2011                                                                                             A5
Table 1: BIS reporting banks
Summary of international positions
In billions of US dollars
                                                  Amounts outstanding                          Estimated exchange rate adjusted changes
Positions                              Dec 2008   Dec 2009 Dec 2010      Mar 2011      2009        2010 Q2 2010 Q3 2010 Q4 2010           Q1 2011

A. Total assets                        35,363.0    33,838.1   33,925.4   35,310.9   –2,343.8      932.5        9.5     741.1    –466.2      537.9

     claims on banks                   22,279.7    21,089.2   20,940.3   21,759.4   –1,727.7      427.5     154.9      304.1    –397.5      290.7

     claims on non-banks               13,083.4    12,748.9   12,985.1   13,551.5    –616.1       505.0    –145.5      437.1     –68.7      247.2

B. External assets                     31,292.0    30,078.6   30,123.9   31,385.0   –1,957.3      838.7      41.2      616.4    –416.8      491.4

     claims on banks                   20,290.4    19,255.5   19,116.9   19,860.8   –1,526.5      395.3     163.8      242.1    –379.2      254.0

     claims on non-banks               11,001.6    10,823.1   11,007.0   11,524.2    –430.8       443.4    –122.6      374.3     –37.6      237.3

  1. Loans and deposits                22,902.5    21,661.1   22,031.3   22,979.0   –1,717.0      931.2     208.3      355.9     –59.6      445.9

     claims on banks                   16,589.7    15,665.3   15,657.2   16,269.5   –1,254.2      536.5     184.8      145.9    –106.3      250.5

     claims on non-banks                6,312.7     5,995.8    6,374.2    6,709.5    –462.8       394.7      23.5      210.1      46.7      195.5

  2. Holdings of securities
     and other assets                   8,389.5     8,417.4    8,092.6    8,405.9    –240.4       –92.5    –167.0      260.5    –357.2       45.4

     claims on banks                    3,700.7     3,590.2    3,459.7    3,591.4    –272.3      –141.2     –20.9       96.3    –272.9        3.7

     claims on non-banks                4,688.9     4,827.2    4,632.8    4,814.5      32.0        48.7    –146.1      164.2     –84.3       41.7
C. Local assets in
  foreign currency                      4,071.0     3,759.6    3,801.5    3,925.9    –386.5        93.9     –31.8      124.7     –49.4       46.5

     claims on banks                    1,989.3     1,833.7    1,823.4    1,898.6    –201.2        32.2      –8.9       61.9     –18.3       36.7

     claims on non-banks                2,081.7     1,925.8    1,978.1    2,027.3    –185.3        61.6     –22.9       62.8     –31.1        9.9


D. Total liabilities                   34,006.7    32,338.3   32,740.6   34,232.1   –2,508.9    1,056.7      59.1      833.8    –292.1      718.4

     liabilities to banks              24,338.2    23,176.6   23,136.1   24,204.0   –1,902.0      479.3      26.9      515.6    –366.0      489.5

     liabilities to non-banks           9,668.5     9,161.7    9,604.5   10,028.1    –606.9       577.5      32.2      318.2      73.9      228.9

E. External liabilities                29,192.8    28,131.4   28,468.3   29,730.4   –1,815.2      909.8      53.0      635.7    –270.2      571.8

     liabilities to banks              21,461.3    20,849.8   20,841.1   21,786.2   –1,299.5      482.4      28.7      396.7    –305.3      413.4

     liabilities to non-banks           7,731.5     7,281.6    7,627.3    7,944.2    –515.7       427.4      24.4      239.0      35.2      158.4

  1. Loans and deposits                24,467.4    23,113.4   23,271.9   24,271.4   –1,883.9      799.9      38.9      352.6      49.7      459.3

     liabilities to banks              17,442.6    16,523.5   16,284.5   17,007.9   –1,358.8      321.0        5.3     139.2     –52.6      325.9

     liabilities to non-banks           7,024.8     6,589.9    6,987.4    7,263.5    –525.1       478.9      33.6      213.4     102.3      133.4

  2. Own issues of securities
     and other liabilities              4,725.4     5,018.0    5,196.3    5,458.9      68.7       109.9      14.2      283.0    –319.9      112.5

     liabilities to banks               4,018.7     4,326.2    4,556.6    4,778.2      59.3       161.5      23.4      257.5    –252.8       87.5

     liabilities to non-banks             706.7      691.7      639.8       680.7        9.4      –51.6      –9.2       25.6     –67.1       25.0

F. Local liabilities in
     foreign currency                   4,813.9     4,206.9    4,272.2    4,501.7    –693.7       146.9        6.1     198.1     –21.9      146.6

     liabilities to banks               2,876.9     2,326.8    2,295.0    2,417.8    –602.5        –3.2      –1.8      118.9     –60.6       76.0

     liabilities to non-banks           1,937.0     1,880.1    1,977.2    2,083.9     –91.2       150.1        7.8      79.2      38.7       70.6




BIS Quarterly Review, September 2011                                                                                                        A7
Table 2A: External positions of banks in all currencies vis-à-vis all sectors
In individual reporting countries
in billions of US dollars
                                        Amounts outstanding                          Estimated exchange rate adjusted changes
Reporting countries         Dec 2008    Dec 2009 Dec 2010      Mar 2011      2009        2010   Q2 2010    Q3 2010     Q4 2010    Q1 2011
Assets
All countries               31,292.0     30,078.6   30,123.9   31,385.0   –1,957.3      838.7       41.2      616.4      –416.8      491.4
  Australia                    260.1       230.9      255.4       271.5     –58.9        16.7       27.0        7.4        –2.4       11.7
  Austria                      497.9       459.9      407.2       455.9     –53.6       –30.0       –7.9       –9.5       –21.9       28.0
  Bahamas                      514.4       436.2      487.9       519.4     –81.0        52.3       21.3      –16.1       –12.0       30.1
  Bahrain                      203.9       179.6      176.4       157.3     –25.8        –1.2      –10.6        0.4         5.9      –21.0
  Belgium                      969.0       841.9      744.0       749.5    –150.5       –55.4       16.9      –36.1       –10.9      –28.7
  Bermuda                        9.7          8.9       11.0       10.5      –1.0         2.2        0.5        –0.0        1.1       –0.6
  Brazil                        60.7         51.8       72.1       81.4      –9.9        19.5        4.2         0.1        9.0        8.5
  Canada                       342.5        416.6      445.4      440.8      61.6        25.7        2.4        –5.0        4.2       –8.8
  Cayman Islands             1,799.2      1,755.9    1,761.7    1,781.8     –46.1        10.8        1.1         5.0       37.2       15.6
  Chile                          6.5          7.3        7.7        8.6       0.6         0.4       –0.8        –0.1        2.5        0.9
  Chinese Taipei               169.5       187.8      204.1       206.5      17.5        16.6       –4.1        7.9         6.1        1.3
  Curacao                         ...         ...      19.9        18.3        ...          –         ...        ...          –       –2.1
  Cyprus                        89.2       112.1       93.5        95.4      18.4       –12.9       24.6      –42.4         2.6       –2.0
  Denmark                      225.4       193.6      176.8       179.6     –36.2        –8.3      –14.1       14.1       –18.0       –5.6
  Finland                      113.0       137.4      319.5       368.8      22.1        15.8        5.5       25.2        –2.3       34.7
  France                     2,599.9      2,576.0    2,491.9    2,667.5     –99.4        47.6     –104.4      118.9       –45.9       60.8
  Germany                    3,389.9      3,130.1    2,687.8    2,772.2    –328.7      –169.6      –12.6      –73.7       –45.6      –42.2
  Greece                       184.8        239.7      171.6      173.3      46.4       –44.2       –9.0      –18.4       –21.2       –7.0
  Guernsey                     245.9        202.3      192.1      203.2     –46.7        –6.7       –1.4        6.1        –7.7        7.1
  Hong Kong SAR                788.5        747.8      829.8      845.5     –44.4        80.3      –21.4       54.8        38.6        9.7
  India                         24.7         23.7       29.6       33.0      –1.3         6.0       –1.0        5.0        –1.8        3.1
  Ireland                      968.3        914.9      696.2      669.9     –94.7       –42.3      –15.5       –5.3       –32.6      –52.2
  Isle of Man                   81.7         81.2       74.7       73.9      –6.5        –4.0       –1.3        0.1        –0.9       –2.7
  Italy                        665.0        598.3      579.0      602.7     –88.2        17.7       17.6       13.7       –41.1       –8.6
  Japan                      2,575.8      2,465.1    2,821.0    2,949.9    –124.7       306.8       76.4      148.5         5.3      112.3
  (JOM)                        629.1        522.1      590.0      630.9    –102.8        41.9        3.3       30.9         9.1       45.7
  (Others)                   1,946.7      1,943.0    2,231.0    2,319.0     –21.8       264.9       73.2      117.6        –3.8       66.6
  Jersey                       387.7        329.4      298.1      313.5     –73.5       –23.0      –14.1        0.8       –10.9        7.8
  Luxembourg                   981.8        903.3      761.4      802.9    –102.0       –20.6       11.0        8.0       –20.2        5.5
  Macao SAR                     27.6         35.4       45.1       48.9       7.1        10.8        3.2        3.5         1.6        2.2
  Malaysia                      26.2         30.4       38.8       46.9       3.8         8.2       –2.1        6.7        –0.8        7.5
  Mexico                        34.2         25.5       34.5       37.5      –9.1         8.5        8.6        0.4        –0.4        2.2
  Netherlands                1,175.3      1,056.6    1,115.2    1,218.2    –150.9        53.9      –21.6       96.3       –93.4       62.1
  Netherlands Antilles          20.7         20.8          –          –      –0.1        –0.3       –0.8        0.5         0.4         ...
  Norway                       109.8        108.8      101.2      122.2      –5.5        –5.1       16.6      –20.8        –1.3       17.4
  Panama                        33.5        34.9       39.2        40.0       1.4         4.4        0.8         2.5        1.7        0.8
  Portugal                     139.4       161.1      152.5       149.6      16.9         1.8       –2.3        –2.0       –7.1      –10.7
  Singapore                    794.2       746.8      824.8       870.0     –54.8        62.5       44.3        –1.2       –5.3       40.7
  South Africa                    ...       51.8       57.3        49.6      –1.2         8.5       –2.0         7.5        1.8       –7.4
  South Korea                  106.8        98.1      104.9       113.3      –9.2         7.0      –11.3        25.0      –10.4        7.6
  Spain                        575.3        597.4      499.5      546.0       2.3       –66.4      –21.9      –15.9        –7.5       23.1
  Sweden                       365.7        349.3      365.9      402.9     –37.5        23.9       14.2        0.4       –16.6       20.2
  Switzerland                1,115.7        908.2      804.6      790.0    –232.8       –92.3      –49.8       –1.5       –11.3      –32.2
  Turkey                        51.6         46.0       32.4       35.0      –6.2       –12.4       –4.3       –0.3        –5.1        1.9
  United Kingdom             5,643.1      5,435.8    5,510.3    5,771.4    –371.0       182.6       –6.8      162.5      –124.1      105.1
  United States              2,917.7      3,140.3    3,582.1    3,690.7     196.3       442.7       86.3      143.5        43.9       95.5
  (IBFs)                       514.2        669.7      669.1      717.0     155.1        –0.3     –118.8       67.0        13.7       46.3
  (Others)                   2,403.5      2,470.6    2,913.0    2,973.7      41.2       443.0      205.2       76.5        30.2       49.2




A8                                                                                                     BIS Quarterly Review, September 2011
Table 2A: External positions of banks in all currencies vis-à-vis all sectors
In individual reporting countries
in billions of US dollars
                                            Amounts outstanding                          Estimated exchange rate adjusted changes
Reporting countries            Dec 2008     Dec 2009 Dec 2010      Mar 2011      2009        2010   Q2 2010    Q3 2010     Q4 2010   Q1 2011
Liabilities
All countries                   29,192.8     28,131.4   28,468.3   29,730.4   –1,815.2      909.8       53.0      635.7    –270.2      571.8
  Australia                        514.1       592.0      639.6       654.0      29.8        45.5       –1.4       30.9        7.7       6.6
  Austria                          306.4       276.2      253.6       279.9     –40.6       –11.1       –6.1       14.4      –21.1      14.0
  Bahamas                          518.3       442.4      484.3       516.0     –77.7        43.3       25.1      –25.2      –18.4      28.9
  Bahrain                          197.8       174.1      171.3       152.9     –25.4        –0.4       –9.0        1.7        4.0     –20.2
  Belgium                          731.5       657.4      617.7       608.3     –90.2       –13.2       36.7      –14.4        3.6     –34.7
  Bermuda                            3.5          3.1        3.2        3.3      –0.3         0.1        0.0       –0.9        0.9       0.0
  Brazil                            85.2         71.4      105.1      122.6     –14.7        33.7       11.9       13.5        3.2      16.8
  Canada                           274.1        321.7      346.5      363.8      33.2        23.3      –25.3       12.3       23.2      13.0
  Cayman Islands                 1,803.3      1,771.1    1,795.9    1,820.0     –35.6        29.3       –0.6       10.5       42.5      20.3
  Chile                             12.3         14.4       13.4       15.8       2.1        –1.1       –1.4       –1.0        2.5       2.5
  Chinese Taipei                    91.7        81.9      100.3       104.3     –10.3        17.6        5.7        7.9        1.5       3.7
  Curacao                             ...         ...      17.6        15.1        ...          –         ...        ...         –      –3.0
  Cyprus                            81.1       101.1       81.8        85.1      16.1       –14.1       23.2      –43.2        1.6       0.1
  Denmark                          323.6       328.2      306.8       310.3      –4.4        –7.6      –17.2       10.6      –18.2      –9.2
  Finland                          135.4       177.9      382.7       424.6      38.6         8.0       15.7       –2.7       10.4      25.7
  France                         2,501.9      2,397.3    2,422.0    2,569.3    –166.7       125.9      –83.5      149.5      –27.6      45.3
  Germany                        1,824.9      1,721.4    1,803.6    1,806.9    –149.2       148.9       95.4       14.8      –47.4     –62.2
  Greece                           153.4        161.2      110.1      118.7       3.3       –41.2      –26.8       –3.1       –8.9       3.5
  Guernsey                         207.7        155.5      145.8      154.8     –53.9       –12.8       –0.8       –1.3       –7.4       6.0
  Hong Kong SAR                    504.4        498.0      604.8      623.4      –9.3       107.5       11.9       43.7       40.1      14.2
  India                             75.2        89.3       106.2      108.6      11.6        14.7        3.3        8.8       –0.4       1.8
  Ireland                        1,023.0       905.9       582.4      553.4    –153.4      –120.1      –25.0      –48.2      –78.7     –52.2
  Isle of Man                       59.8        61.7        55.2       54.0      –2.2        –4.6       –1.5       –0.8       –0.6      –2.5
  Italy                            920.7       858.9       845.2      912.0     –95.5        37.0       12.5       59.1      –60.5      18.2
  Japan                            942.1       979.9     1,179.0    1,175.3      37.3       161.2       64.9      117.1       –5.9      –1.8
  (JOM)                            235.4       220.3      234.5       237.9     –13.7         5.1       –5.2       30.4        0.0       4.9
  (Others)                         706.7       759.6      944.5       937.3      50.9       156.1       70.0       86.7       –5.9      –6.6
  Jersey                           352.9       293.3      258.1       274.9     –72.2       –27.6      –15.7        0.6      –12.7      10.1
  Luxembourg                       682.8       625.9      528.3       557.9     –71.1       –18.5        6.0       –6.6        6.4       5.2
  Macao SAR                         15.9        20.8       28.5        31.5       4.6         8.2        1.7        2.3        2.3       1.9
  Malaysia                          46.6         49.3       55.2       60.8       2.3         3.3        0.0        4.0       –0.6       4.8
  Mexico                            23.4         23.2       43.0       49.8      –0.7        18.7        6.2        7.1        2.4       5.8
  Netherlands                    1,265.8      1,233.5    1,296.5    1,380.1     –65.9       108.0       30.4       88.6      –79.5      39.3
  Netherlands Antilles              20.9         19.2          –          –      –1.9        –1.2        2.4       –2.3        0.8        ...
  Norway                           201.3        211.7      187.8      208.3      –3.3       –19.4        5.7      –20.0       –0.2      13.4
  Panama                            27.0        26.3       30.3        31.1      –0.6         4.0        1.1        3.0        1.0       0.7
  Portugal                         203.6       203.2      173.5       178.9      –6.1       –15.7      –15.1      –10.2       –1.1      –3.7
  Singapore                        795.4       740.4      838.3       877.3     –63.5       103.1       54.2       –3.5       12.5      29.1
  South Africa                        ...       43.8       47.8        39.6      –1.1         6.4       –1.4        6.3        0.8      –7.7
  South Korea                      195.1       207.8      197.7       216.1      12.1       –11.9       –3.8        3.8      –17.1      17.6
  Spain                            755.1        792.0      754.1      810.8      10.0         1.5      –52.6       45.0        7.7      16.8
  Sweden                           421.3        474.0      467.0      532.8     –11.3        –1.7       27.1       –5.0      –35.2      47.8
  Switzerland                    1,030.8        892.1      826.7      804.5    –165.6       –54.2       –1.4      –24.3      –15.8     –41.2
  Turkey                            57.9         54.8       82.0       83.1      –3.7        29.0        8.2        5.4       10.2      –0.3
  United Kingdom                 6,143.2      5,994.8    5,902.6    6,099.9    –338.6        14.4     –108.1      101.0      –47.9      39.8
  United States                  3,662.5      3,383.3    3,577.0    3,940.7    –281.3       193.7        0.2       86.6       49.9     357.4
  (IBFs)                           670.9        613.0      605.4      719.5     –58.2        –7.0      –47.6       11.3       11.8     112.7
  (Others)                       2,991.6      2,770.4    2,971.6    3,221.2    –223.1       200.7       47.8       75.3       38.1     244.7




BIS Quarterly Review, September 2011                                                                                                   A9
Table 2B: External positions of banks in all currencies vis-à-vis the non-bank sector
Individual reporting countries
in billions of US dollars
                                        Amounts outstanding                            Estimated exchange rate adjusted changes
Reporting countries         Dec 2008    Dec 2009 Dec 2010        Mar 2011     2009         2010   Q2 2010    Q3 2010     Q4 2010    Q1 2011
Assets
All countries               11,001.6     10,823.1    11,007.0    11,524.2    –430.8       443.4     –122.6      374.3      –37.6      237.3
  Australia                     85.0        64.6        71.0         71.4     –20.0         3.3       –0.5        3.4        3.4       –0.7
  Austria                      212.5       204.5       197.7        213.8     –14.5         3.3       –5.7       13.2       –5.5        6.2
  Bahamas                       30.4        21.5        24.1         20.5      –9.1         2.7       26.2      –24.9       –3.0       –3.9
  Bahrain                      124.1       109.3        98.3         93.2     –15.2       –10.1       –4.2       –2.1       –1.1       –5.9
  Belgium                      421.9       367.8       306.1        305.0     –65.1       –41.4        6.9      –30.2       –7.3      –16.7
  Bermuda                        2.3         2.3         3.1          3.5       0.0         0.8        0.1        0.1        0.4        0.4
  Brazil                         8.6         2.8         6.0          9.3      –6.4         3.2       –0.9       –1.0        1.3        3.2
  Canada                       142.0       157.8       177.0        170.7       9.0        17.4       –6.8        0.1       13.6       –8.2
  Cayman Islands               502.7       452.4       433.0        383.1     –50.9       –18.8        2.2       32.6      –22.4      –50.6
  Chile                          1.6         2.4         3.4          3.0       0.8         1.0       –1.5        0.9        0.7       –0.4
  Chinese Taipei                97.8       116.7       137.4        144.9      18.7        20.9        1.2        8.4        6.7        6.8
  Curacao                         ...         ...       10.1          9.6        ...          –         ...        ...         –       –0.6
  Cyprus                        36.1        56.9        52.5         53.0      18.7        –1.0       –5.6       –4.8        5.8       –2.1
  Denmark                       57.1        60.9        60.5         57.9       2.2         2.1       –4.9       10.1       –0.6       –5.5
  Finland                       24.4        18.6        37.1         70.0      –5.8         1.9       –6.3        0.4        5.7       30.4
  France                       929.1        853.4       809.6       892.6    –101.9        –3.1      –31.3       46.4      –28.7       47.9
  Germany                    1,267.9      1,177.2     1,034.2     1,075.6     –99.6       –82.8      –19.4      –16.7      –33.1       –4.4
  Greece                        61.5         76.8        48.5        51.6      12.4       –13.8       –8.9       –3.4        0.2        0.5
  Guernsey                      58.8         56.9        54.9        59.7      –3.3        –1.3       –5.5        2.4        1.2        4.3
  Hong Kong SAR                166.6        161.8       197.6       203.8      –5.6        36.7        2.8       17.0       12.9        4.7
  India                         10.9         11.7        15.8        16.5       0.7         4.1        0.1        1.6        0.8        0.6
  Ireland                      488.8        456.6       337.1       322.2     –49.3       –15.0      –21.0       –1.9      –12.9      –26.8
  Isle of Man                    6.9          7.5         6.2         6.1      –0.2        –0.9       –0.9        0.0       –0.2       –0.3
  Italy                        150.7        152.6       151.2       166.6      –3.0         8.2       –1.7        5.1       –1.7        6.7
  Japan                      1,487.8      1,603.7     1,849.2     1,948.0     100.2       236.2       42.8      112.5       –6.1       80.9
  (JOM)                           ...          ...         ...         ...       ...         ...        ...        ...        ...        ...
  (Others)                   1,487.8      1,603.7     1,849.2     1,948.0     100.2       236.2       42.8      112.5       –6.1       80.9
  Jersey                        13.6         13.7        12.6        13.5      –1.0        –0.8        0.5       –0.3       –1.3        0.6
  Luxembourg                   354.7        334.2       279.2       284.9     –29.9       –21.6        2.3       –5.1      –14.0       –6.4
  Macao SAR                      8.0         11.4        15.0        19.3       3.3         3.8        0.9        0.2       –0.1        3.9
  Malaysia                       3.9         6.7         6.8          7.4       2.7        –0.1       –1.7        1.1        0.0        0.5
  Mexico                         3.6         4.1         3.9          4.2       0.5        –0.3        0.8       –0.7       –0.3        0.3
  Netherlands                  357.1       395.3       414.1        450.7      27.6         2.0      –31.0       12.0        0.8       20.3
  Netherlands Antilles          13.0        10.5           –            –      –2.4        –0.5       –1.6        1.5        0.0         ...
  Norway                        33.7        41.8        43.2         49.6       7.1         2.1       –0.4        5.6       –0.7        5.1
  Panama                        16.1        15.8        18.2         18.4      –0.3         2.3       –0.4        2.2        0.3        0.2
  Portugal                      63.8        79.9        73.5         69.8      13.3        –0.6       –3.1       –1.6       –2.6       –7.7
  Singapore                    214.9       219.6       268.1        284.3       3.3        46.2       20.7       –0.4       14.5       12.9
  South Africa                    ...        6.6         6.4          8.1       0.9         0.0        0.8       –1.0       –0.1        1.6
  South Korea                   43.2        45.5        46.1         49.4       2.1         0.8      –14.0       15.9       –3.5        3.0
  Spain                        240.2        274.1       219.0       229.8      24.6       –41.1      –18.0        1.7      –15.4        1.2
  Sweden                       106.7         98.8        99.5       103.8     –11.6         3.8       –1.7       –0.3        2.5       –0.0
  Switzerland                  162.4        152.5       172.1       183.6     –12.9        19.3        6.0        6.2        1.7        7.9
  Turkey                         1.9          1.9         2.5         2.6      –0.0         0.7        0.4        0.0        0.2       –0.0
  United Kingdom             2,335.8      2,190.4     2,367.7     2,500.5    –198.4       157.5      –61.4      131.3       29.7       75.7
  United States                653.7       723.2       837.6        892.7      27.3       116.3       21.2       36.8       20.5       51.8
  (IBFs)                        36.4        35.9        39.8         42.0      –0.8         4.0        0.5        1.4        1.5        1.9
  (Others)                     617.4       687.4       797.8        850.8      28.1       112.3       20.7       35.3       19.0       49.9




A 10                                                                                                    BIS Quarterly Review, September 2011
Table 2B: External positions of banks in all currencies vis-à-vis the non-bank sector
Individual reporting countries
in billions of US dollars
                                               Amounts outstanding                          Estimated exchange rate adjusted changes
Reporting countries            Dec 2008        Dec 2009 Dec 2010      Mar 2011     2009         2010   Q2 2010    Q3 2010     Q4 2010    Q1 2011
Liabilities
All countries                    7,731.5         7,281.6   7,627.3     7,944.2    –515.7       427.4       24.4      239.0       35.2      158.4
  Australia                        134.2           76.8       47.3        46.5      –7.4       –25.8       –5.1        0.8       –0.6       –1.3
  Austria                           64.6           66.6       62.6        71.2       0.3        –0.3       –1.2        2.3       –0.7        5.2
  Bahamas                          181.1          144.7      141.9        29.9     –37.9        –0.8       24.3      –35.5       15.2     –113.2
  Bahrain                           61.6           58.2       64.2        53.6      –3.9         6.6       –4.5        2.2        1.5      –11.1
  Belgium                          354.9          319.1      289.3       286.8     –49.5       –13.2       27.4      –25.9       –6.5      –16.2
  Bermuda                            1.6            1.8        1.9         2.1       0.1         0.1        0.2       –0.1        0.1        0.2
  Brazil                             4.4            2.3        2.3         2.6      –2.1         0.0       –0.0       –0.1        0.6        0.3
  Canada                            66.1           71.8      100.0       121.3       1.1        27.6        3.4       13.2        9.6       20.1
  Cayman Islands                   933.5          835.1      903.5       864.5     –99.0        69.6      –14.2       20.9       29.5      –40.0
  Chile                              5.3            8.9        6.5         7.8       3.6        –2.4        0.6        1.0       –1.2        1.3
  Chinese Taipei                       39.8        49.6       57.6        57.0       9.6         7.4        0.5        2.9        3.4       –0.8
  Curacao                                ...         ...       8.7         6.8        ...          –         ...        ...         –       –2.0
  Cyprus                               23.4        24.8       33.0        35.5       1.0         9.0        1.6        2.9        2.0        1.5
  Denmark                              32.2        32.3       41.6        41.6      –0.8        10.0        0.5        8.3       –0.8       –2.0
  Finland                               9.8        16.8       28.2        51.5       6.8         4.0        0.6        2.9        2.3       21.5
  France                           147.3          139.1      140.7       155.7     –13.0         9.0       –5.5       15.4       –5.5        8.2
  Germany                          397.4          310.8      301.9       311.4     –48.5         7.5       15.7        7.9      –39.8       –5.1
  Greece                            61.6           48.1       30.9        37.2     –14.3       –14.2      –10.1       –3.3        0.2        4.7
  Guernsey                          63.0           55.3       62.4        64.5     –10.0         1.6        2.3       –1.3       –0.2        1.3
  Hong Kong SAR                    163.1          174.5      189.8       198.3      10.4        16.7        2.1        7.7        8.7        7.1
  India                             52.0           68.1       80.3        80.7      13.9        10.4        1.5        8.0       –0.7       –0.1
  Ireland                          180.0          150.3      157.9       153.9     –37.0        –2.7       –9.6      –11.3       –7.2       –9.6
  Isle of Man                       49.4           46.5       41.6        41.2      –6.3        –3.5       –1.9       –0.7       –1.3       –1.4
  Italy                             57.4           64.0       58.2        68.8       4.4        –1.7       –0.6        4.4       –6.5        7.0
  Japan                            260.4          230.6      307.6       354.1     –30.1        69.8       16.7       52.8       –7.4       46.5
  (JOM)                               ...            ...        ...         ...       ...         ...        ...        ...        ...        ...
  (Others)                         260.4          230.6      307.6       354.1     –30.1        69.8       16.7       52.8       –7.4       46.5
  Jersey                           135.8          106.9       86.2        89.6     –34.6       –17.3      –13.1       –2.8        0.3        1.4
  Luxembourg                       170.9          173.5      143.4       154.3      –2.5        –2.3        1.6        5.9        0.9        4.5
  Macao SAR                          9.8           10.5       10.0        10.8       0.6        –0.3        0.0       –0.1        0.8        0.6
  Malaysia                          10.4           13.9       15.7        16.1       3.3         0.7        0.1        1.1        0.0        0.1
  Mexico                             0.7            0.9        1.4         2.1       0.2         0.4       –0.0        0.7       –0.2        0.7
  Netherlands                      249.0          266.3      298.7       315.0      11.5        35.8        5.6       25.2        4.2        7.2
  Netherlands Antilles              11.6           11.7          –           –       0.2        –2.9        0.1       –0.5        1.0         ...
  Norway                            19.1           19.5       21.1        24.7      –0.8         2.0        0.9        1.2        1.3        2.7
  Panama                            12.1           15.8       16.7        17.1       3.7         0.9        0.2        0.8        0.4        0.4
  Portugal                          29.1           33.7       26.3        25.5       3.4        –4.9       –7.2       –2.0       –0.4       –2.1
  Singapore                        262.2          269.4      274.0       286.2       3.8         5.5       –5.0        7.7        2.7        8.4
  South Africa                        ...           6.2        5.5         4.7       0.5        –0.5       –0.5        0.7       –0.3       –0.7
  South Korea                        4.4            6.9        4.2         5.1       2.5        –2.7       –1.0        0.4       –0.8        0.8
  Spain                            101.4            97.6     192.9       212.7      –6.3       100.3        3.0       31.7       61.8        9.1
  Sweden                            34.1            28.4      32.8        41.7      –8.0         4.2        1.6       –1.2        0.1        7.1
  Switzerland                      509.7           483.0     457.9       473.6     –37.2       –16.8        2.3        3.0       –7.8        4.9
  Turkey                             5.9             7.2       7.7         7.5       1.1         0.9       –0.7        1.1       –0.6       –0.4
  United Kingdom                 1,817.2         1,874.8   1,997.4     2,131.3       0.1       122.8       –8.6       84.3      –12.8       86.9
  United States                  1,004.1          859.4      875.8       981.5    –148.7        16.8        0.3        6.6      –10.2      104.9
  (IBFs)                            45.8           26.6       20.5        23.0     –19.2        –6.1       –2.0       –3.7       –1.8        2.4
  (Others)                         958.2          832.8      855.3       958.5    –129.5        23.0        2.3       10.3       –8.4      102.5




BIS Quarterly Review, September 2011                                                                                                      A 11
Table 2C: External positions of banks in foreign currencies vis-à-vis all sectors
In individual reporting countries
in billions of US dollars
                                        Amounts outstanding                          Estimated exchange rate adjusted changes
Reporting countries         Dec 2008    Dec 2009 Dec 2010      Mar 2011      2009        2010   Q2 2010    Q3 2010     Q4 2010    Q1 2011
Assets
All countries               18,265.6     17,292.8   17,622.0   18,350.3   –1,302.3      580.5      –23.0      433.5       –82.2      436.5
  Australia                    171.6       134.6      140.6       148.0     –43.7        11.8       25.1       –7.2         7.2        5.1
  Austria                      155.7       127.2      122.2       136.0     –30.7        –6.7       –7.7        2.1        –4.2       11.7
  Bahamas                      514.4       436.2      487.9       519.4     –81.0        52.3       21.3      –16.1       –12.0       30.1
  Bahrain                      203.9       179.6      176.4       157.3     –25.8        –1.2      –10.6        0.4         5.9      –21.0
  Belgium                      313.0       239.6      215.3       226.2     –77.4       –25.0        4.0       –8.3       –13.5        8.6
  Bermuda                        9.7          8.8       10.9       10.4      –1.0         2.2        0.5        –0.1        1.1       –0.6
  Brazil                        56.2         48.5       69.3       77.1      –7.7        20.2        4.8        –0.1       10.6        7.1
  Canada                       280.6        318.2      351.1      347.4      36.6        34.2        6.8        –0.7        6.8       –5.3
  Cayman Islands             1,799.1      1,755.8    1,761.6    1,781.8     –46.1        10.7        1.1         5.0       37.2       15.6
  Chile                          6.4          6.2        5.9        7.4      –0.2        –0.3       –0.7        –0.1        0.7        1.6
  Chinese Taipei               168.8       186.9      203.2       205.6      17.3        16.7       –4.3         7.9        6.2        1.3
  Curacao                         ...         ...      19.9        18.3        ...          –         ...         ...         –       –2.1
  Cyprus                        38.7        37.0       35.2        36.5      –2.3        –1.9        1.8        –3.3        1.8        1.0
  Denmark                      200.4       172.4      154.5       158.6     –32.0       –11.1      –14.2        13.3      –22.4       –2.9
  Finland                       63.3        80.7      146.8       175.6      17.0        23.9       –2.7        19.7       21.5       25.5
  France                       799.6       755.2      801.2       822.5     –59.6        41.9      –23.2        62.1      –23.8       15.3
  Germany                      959.9       872.6      745.7       736.2     –99.8      –105.7      –63.3         5.1       –6.1      –14.4
  Greece                        51.5        51.2       39.2        39.9      –1.3        –2.5       –1.2         0.1       –0.9        0.1
  Guernsey                     199.6       160.0      149.9       159.9     –37.9        –8.0       –1.8         7.6       –9.7        7.1
  Hong Kong SAR                713.1       675.2      760.5       776.2     –41.6        83.5      –21.5        50.0       41.5        9.6
  India                         23.0         22.0       27.6       31.3      –1.2         5.8       –0.9        4.9        –1.9        3.2
  Ireland                      469.5        495.2      365.7      338.7      –1.8       –30.3      –11.3       –9.4       –14.6      –32.8
  Isle of Man                   29.0         29.3       27.3       25.2       0.1        –1.4        0.3       –0.5         0.4       –2.6
  Italy                         87.8         70.5       71.4       72.5     –18.3         0.7        3.8       –2.9        –1.2        0.4
  Japan                      1,860.2      1,877.9    2,091.8    2,214.4      –6.8       246.0       68.4      122.9        –3.5       91.0
  (JOM)                        339.1        321.9      362.0      391.1     –17.2        40.1       10.1       32.6         5.8       29.1
  (Others)                   1,521.1      1,556.0    1,729.9    1,823.3      10.4       205.9       58.3       90.3        –9.3       61.9
  Jersey                       277.1        222.2      218.8      231.9     –58.4         1.7      –12.7      –10.7        26.6        7.7
  Luxembourg                   311.5        255.9      224.8      237.2     –59.9       –29.2      –11.3        8.1        –7.7       10.0
  Macao SAR                     27.4         35.1       44.9       48.8       7.1        10.9        3.2        3.5         1.6        2.2
  Malaysia                      23.1        26.8       33.1        40.6       3.3         6.5       –1.2        4.3        –1.0        7.0
  Mexico                        21.3        16.7       20.0        21.3      –4.6         3.3        0.8        2.3         1.0        1.1
  Netherlands                  487.5       414.8      471.5       536.8     –80.7        48.2      –19.2       32.5         8.8       64.8
  Netherlands Antilles          20.7        20.8          –           –      –0.1        –0.3       –0.8        0.5         0.4         ...
  Norway                        92.0        91.1       87.8       103.7      –2.1        –1.3       17.6      –18.5         1.1       13.3
  Panama                        33.5        34.9       39.2        40.0       1.4         4.4        0.8         2.5        1.7        0.8
  Portugal                      24.7        23.8       22.8        22.7      –1.3        –0.8        0.7        –1.9       –2.9       –0.2
  Singapore                    794.2       746.8      824.8       870.0     –54.8        62.5       44.3        –1.2       –5.3       40.7
  South Africa                    ...       33.0       33.8        30.8       1.8         5.9       –2.6         2.8        4.7       –3.4
  South Korea                  106.8        98.1      104.9       113.3      –9.2         7.0      –11.3        25.0      –10.4        7.6
  Spain                        196.2        195.1      179.5      188.7      –7.6       –13.6       –7.7       –0.6       –10.2        6.6
  Sweden                       295.4        292.6      306.0      329.8     –15.7        25.1        8.5       –2.8        –0.5       11.3
  Switzerland                1,000.5        808.8      707.5      693.1    –213.9       –82.2      –39.5       –3.2       –10.9      –29.4
  Turkey                        47.8         42.6       29.5       31.4      –5.7       –12.0       –3.8       –0.6        –5.2        1.3
  United Kingdom             5,006.8      4,859.4    4,954.0    5,237.5    –231.7       175.3        6.4      152.9      –118.3      142.8
  United States                324.2       333.6      337.9       350.5     –24.9        13.2       30.2      –14.0        17.0       –0.5
  (IBFs)                        45.3        42.2       53.8        51.7      –3.4        11.8        8.9        8.6        –1.4       –3.7
  (Others)                     279.0       291.4      284.1       298.8     –21.5         1.4       21.3      –22.6        18.4        3.2




A 12                                                                                                   BIS Quarterly Review, September 2011
Table 2C: External positions of banks in foreign currencies vis-à-vis all sectors
In individual reporting countries
in billions of US dollars
                                            Amounts outstanding                          Estimated exchange rate adjusted changes
Reporting countries            Dec 2008     Dec 2009 Dec 2010      Mar 2011      2009        2010   Q2 2010    Q3 2010     Q4 2010   Q1 2011
Liabilities
All countries                   17,335.4     16,639.3   16,726.7   17,371.6   –1,007.5      275.1     –237.0      461.8    –159.0      384.3
  Australia                        386.7       480.4      517.8       526.2      80.5        46.5      –23.9       45.9       10.7       2.7
  Austria                           97.6        84.5       72.4        85.0     –15.7       –14.2       –6.6        7.8      –15.4      11.8
  Bahamas                          518.3       442.4      484.3       516.0     –77.7        43.3       25.1      –25.2      –18.4      28.9
  Bahrain                          197.8       174.1      171.3       152.9     –25.4        –0.4       –9.0        1.7        4.0     –20.2
  Belgium                          263.6       236.8      215.0       223.9     –30.4       –22.7        0.4        8.9       –9.3       7.4
  Bermuda                            3.3          3.0        3.1        3.2      –0.3         0.2        0.1       –0.9        0.9       0.0
  Brazil                            81.7         67.7      103.5      121.1     –13.8        35.7       12.4       13.8        3.2      17.0
  Canada                           209.7        233.4      252.8      274.9      22.1        21.9      –22.2        9.6       15.3      20.5
  Cayman Islands                 1,803.2      1,771.1    1,795.4    1,819.5     –35.5        28.9       –0.6       10.5       42.2      20.2
  Chile                             12.0         13.6       11.2       14.5       1.6        –2.4       –2.3        0.4        0.5       3.3
  Chinese Taipei                    84.9        74.3       91.9        94.5     –10.9        17.7        4.5        6.9        3.5       2.3
  Curacao                             ...         ...      17.6        15.1        ...          –         ...        ...         –      –3.0
  Cyprus                            34.6        31.2       32.1        35.0      –3.8         0.6       –0.4        0.0        0.6       2.7
  Denmark                          294.3       279.1      257.1       259.0     –23.8       –11.6      –19.6        7.6      –19.5      –7.4
  Finland                           78.0       106.3      170.2       208.5      26.4        15.8        7.2        2.4       20.6      35.1
  France                           950.2       897.6      913.4       910.8     –66.3         9.1      –72.4       61.5       –7.7      –7.1
  Germany                          878.1       810.6      828.2       822.0     –80.9        11.0       10.6       27.3      –22.7     –11.9
  Greece                            39.4        38.2       31.9        34.3      –1.4        –6.5       –5.6        1.7        0.6       2.3
  Guernsey                         171.1       125.9      118.3       126.6     –43.5       –11.6       –1.0        0.6       –7.2       6.1
  Hong Kong SAR                    436.2       418.4      517.1       535.2     –20.7        99.2        6.2       32.9       40.7      13.7
  India                             35.0        39.6       44.6        46.5       4.1         5.1        0.7        3.2       –0.4       1.6
  Ireland                          537.9       424.2      269.6       242.7    –133.0      –101.9      –16.7      –32.3      –41.9     –31.1
  Isle of Man                       23.5        23.4       21.3        19.3      –0.3        –1.6        0.5       –0.7        0.0      –2.3
  Italy                            122.4       106.4       95.2        95.6     –17.4       –11.8      –23.8       19.7      –14.8       0.0
  Japan                            560.8       645.0      771.4       826.0      78.8       134.8       30.3       91.9       –0.0      48.7
  (JOM)                            154.2       148.2      162.4       172.2      –6.0        14.2      –11.2       30.9        6.1       9.8
  (Others)                         406.6       496.8      609.0       653.7      84.8       120.5       41.5       61.0       –6.2      39.0
  Jersey                           260.9       223.5      197.6       213.3     –41.4       –20.9      –11.5        3.0       –9.7      10.8
  Luxembourg                       214.2       191.2      163.1       173.1     –26.4        –6.8       –8.6       12.3        1.8       8.5
  Macao SAR                         14.3        20.3       27.9        30.3       5.6         8.2        2.0        2.3        2.3       1.4
  Malaysia                          28.8        27.0       27.1        31.0      –2.0         0.2        0.7        0.7        1.3       3.6
  Mexico                             9.9         9.5       15.5        20.5      –0.4         6.0        0.6        2.1        2.2       5.0
  Netherlands                      654.6       646.8      678.0       745.0     –21.6        26.2      –37.4       63.2      –15.7      61.0
  Netherlands Antilles              20.9        19.2          –           –      –1.9        –1.2        2.4       –2.3        0.8        ...
  Norway                           144.4       149.6      126.3       141.2       3.2       –19.6        7.4      –20.3       –0.2      11.7
  Panama                            27.0        26.3       30.3        31.1      –0.6         4.0        1.1        3.0        1.0       0.7
  Portugal                          30.2        29.4       27.8        28.1      –1.1        –1.4       –4.3        1.7       –0.6       0.3
  Singapore                        795.4       740.4      838.3       877.3     –63.5       103.1       54.2       –3.5       12.5      29.1
  South Africa                        ...       23.9       19.9        18.1       1.8         1.1       –1.3        1.4        1.8      –2.1
  South Korea                      195.1       207.8      197.7       216.1      12.1       –11.9       –3.8        3.8      –17.1      17.6
  Spain                            254.8        262.1      169.0      147.8       0.1       –91.5      –64.3       15.9      –41.7     –22.4
  Sweden                           339.9        394.6      391.3      438.6       4.7         7.0       16.7        8.9      –25.7      34.7
  Switzerland                      939.4        799.5      713.8      691.7    –163.3       –64.3       –9.0      –20.1      –22.4     –38.2
  Turkey                            44.1         41.0       57.7       64.4      –3.6        17.7        5.3        2.4        7.0       5.2
  United Kingdom                 5,250.6      5,084.1    5,052.1    5,285.2    –242.2        61.7      –97.4      107.4      –26.3      98.7
  United States                    290.5       215.9      186.7       210.5     –79.4       –27.4       16.3      –15.4      –16.1      17.6
  (IBFs)                            62.0        49.2       45.5        50.8     –13.1        –3.1        6.2        0.6        0.4       3.9
  (Others)                         228.5       166.7      141.2       159.8     –66.3       –24.3       10.1      –16.0      –16.4      13.7




BIS Quarterly Review, September 2011                                                                                                  A 13
Table 2D: External positions of banks in foreign currencies vis-à-vis the non-bank sector
In individual reporting countries
in billions of US dollars
                                        Amounts outstanding                           Estimated exchange rate adjusted changes
Reporting countries         Dec 2008    Dec 2009 Dec 2010       Mar 2011     2009         2010   Q2 2010    Q3 2010     Q4 2010    Q1 2011
Assets
All countries                6,846.6      6,676.2    6,961.3     7,228.2    –279.7       377.5      –41.6      295.8      –29.5      155.5
  Australia                     59.8        43.9        45.5        48.5     –15.4         4.9        1.0        0.3        2.9        2.3
  Austria                       61.3        51.9        55.0        59.2     –10.2         2.3       –2.2        6.8       –2.9        3.3
  Bahamas                       30.4        21.5        24.1        20.5      –9.1         2.7       26.2      –24.9       –3.0       –3.9
  Bahrain                      124.1       109.3        98.3        93.2     –15.2       –10.1       –4.2       –2.1       –1.1       –5.9
  Belgium                      132.7        96.3        79.8        82.5     –39.5       –16.1        1.5       –5.9       –9.8        0.7
  Bermuda                        2.2         2.3        3.1          3.5       0.0         0.8        0.1        0.1        0.4        0.4
  Brazil                         6.0         0.7        4.8          6.5      –5.2         4.1        0.1       –1.3        2.0        1.6
  Canada                       105.7       105.9      132.1        122.6      –0.0        26.5        4.5        1.9       13.5       –9.9
  Cayman Islands               502.7       452.4      433.0        383.0     –50.9       –18.8        2.2       32.6      –22.4      –50.6
  Chile                          1.5         2.2        3.1          2.8       0.6         0.9       –1.5        0.9        0.4       –0.3
  Chinese Taipei                97.4       116.0      136.7        144.2      18.3        21.0        1.2        8.3        6.7        6.8
  Curacao                         ...         ...      10.1          9.6        ...          –         ...        ...         –       –0.6
  Cyprus                        14.0        13.5       11.4         13.4      –0.7        –2.3        0.1       –3.3        1.2        1.8
  Denmark                       47.0        49.6       49.8         45.5       1.4         2.0       –6.1        9.5       –1.3       –6.4
  Finland                        6.6         5.1       18.7         30.3      –1.5         4.0       –2.4       –0.3        5.9       11.1
  France                       294.1       275.6      302.0        323.2     –21.2        24.5       –0.6       31.4      –21.8       19.3
  Germany                      424.3       397.9      339.4        339.5     –30.5       –54.7      –21.4       –6.7      –13.9       –1.8
  Greece                        15.6        16.2        8.0          9.0       0.5         1.4        0.9       –0.0        0.0        0.9
  Guernsey                      54.7        52.0       48.4         53.2      –2.9        –3.1       –5.7        1.9        1.1        4.5
  Hong Kong SAR                148.9       142.3      173.4        177.1      –7.5        32.0        2.0       14.7       11.9        2.2
  India                          9.1         10.0       14.0        14.9       0.9         4.0        0.1        1.5        0.8        0.8
  Ireland                      244.7        245.3      172.6       166.7     –10.1         1.2      –11.8       –1.8       –7.1       –8.1
  Isle of Man                    1.5          1.8        1.5         1.5       0.2        –0.2       –0.0       –0.1       –0.0       –0.1
  Italy                         22.2         17.8       18.5        18.5      –5.0         0.7       –0.7       –0.6       –1.0       –0.1
  Japan                      1,231.7      1,367.4    1,518.4     1,613.6     115.8       177.0       33.3       94.0      –19.5       70.5
  (JOM)                           ...          ...        ...         ...       ...         ...        ...        ...        ...        ...
  (Others)                   1,231.7      1,367.4    1,518.4     1,613.6     115.8       177.0       33.3       94.0      –19.5       70.5
  Jersey                         7.6          5.9        5.1         5.5      –1.9        –0.7        0.0        0.2       –0.7        0.3
  Luxembourg                   127.1        111.1       97.3        96.0     –17.5       –12.2       –5.3       –0.2       –4.6       –2.1
  Macao SAR                      7.8         11.2       15.0        19.2       3.3         3.8        0.9        0.2       –0.1        3.9
  Malaysia                       1.4         3.7        4.1          4.5       2.2         0.4       –0.7        0.9       –0.1        0.4
  Mexico                         3.3         2.9        2.9          3.2      –0.4        –0.1        0.9       –0.8       –0.2        0.4
  Netherlands                  153.1       165.4      179.9        194.3       9.6         5.9      –12.4        3.5       11.4       13.2
  Netherlands Antilles          13.0        10.5          –            –      –2.4        –0.5       –1.6        1.5        0.0         ...
  Norway                        31.8        39.1       40.6         46.8       6.8         2.1       –0.2        5.5       –0.7        5.0
  Panama                        16.1        15.8       18.2         18.4      –0.3         2.3       –0.4        2.2        0.3        0.2
  Portugal                       6.3         5.5        5.3          5.1      –0.8        –0.1        0.3       –0.2       –0.4       –0.2
  Singapore                    214.9       219.6      268.1        284.3       3.3        46.2       20.7       –0.4       14.5       12.9
  South Africa                    ...        4.3        3.6          5.7       1.6        –0.1        0.1       –0.1       –0.1        2.0
  South Korea                   43.2        45.5       46.1         49.4       2.1         0.8      –14.0       15.9       –3.5        3.0
  Spain                         85.0         95.9       87.5        89.4       8.5        –7.5       –4.3        1.1       –5.7        0.5
  Sweden                        95.7         86.1       83.1        86.7     –11.7         1.0       –2.9        3.1        1.2        0.4
  Switzerland                  134.7        126.3      142.2       152.1     –10.4        18.3        6.5        3.8        2.2        7.0
  Turkey                         1.8          1.7        2.3         2.4      –0.1         0.6        0.4       –0.1        0.2        0.0
  United Kingdom             2,157.6      2,009.3    2,145.2     2,266.3    –180.4       116.7      –51.8      105.5        9.0       70.2
  United States                108.1       119.5      113.1        116.5      –4.3        –4.4        5.6       –2.9        4.8        0.0
  (IBFs)                         5.0         6.8        8.2          8.6       1.5         1.5        0.1        1.8       –0.3        0.1
  (Others)                     103.1       112.7      104.9        107.9      –5.8        –5.8        5.5       –4.7        5.1       –0.1




A 14                                                                                                   BIS Quarterly Review, September 2011
Table 2D: External positions of banks in foreign currencies vis-à-vis the non-bank sector
In individual reporting countries
in billions of US dollars
                                               Amounts outstanding                          Estimated exchange rate adjusted changes
Reporting countries            Dec 2008        Dec 2009 Dec 2010      Mar 2011     2009         2010   Q2 2010    Q3 2010     Q4 2010    Q1 2011
Liabilities
All countries                    4,959.3         4,661.1   4,911.2     5,038.3    –282.8       285.4        2.3      199.3       19.8       56.6
  Australia                        103.7           51.0       25.0        24.2       1.2       –23.4       –6.5        0.8       –0.6       –1.0
  Austria                           12.9           13.5       12.1        14.5       0.5        –1.6       –0.3        1.0       –2.7        2.3
  Bahamas                          181.1          144.7      141.9        29.9     –37.9        –0.8       24.3      –35.5       15.2     –113.2
  Bahrain                           61.6           58.2       64.2        53.6      –3.9         6.6       –4.5        2.2        1.5      –11.1
  Belgium                          108.5           77.7       73.5        72.2     –36.3        –4.6        7.0       –3.6       –6.6       –2.0
  Bermuda                            1.5            1.7        1.8         2.0       0.1         0.2        0.2       –0.1        0.1        0.2
  Brazil                             4.4            2.0        2.2         2.5      –2.3         0.2       –0.0       –0.0        0.6        0.3
  Canada                            48.5           47.5       75.9       103.2      –1.8        28.8        2.7       13.5        8.4       26.8
  Cayman Islands                   933.4          835.1      903.4       864.5     –99.0        69.6      –14.2       20.9       29.5      –40.0
  Chile                              5.2            8.6        6.0         7.4       3.5        –2.6       –0.4        2.1       –1.6        1.4
  Chinese Taipei                       33.7        42.7       50.2        48.2       8.9         7.6       –0.7        2.0        5.6       –2.2
  Curacao                                ...         ...       8.7         6.8        ...          –         ...        ...         –       –2.0
  Cyprus                               15.0        13.8       18.3        19.2      –1.3         4.6       –0.2        2.5        1.3        0.8
  Denmark                              27.5        27.3       35.4        34.4      –0.9         8.2        0.7        8.9       –2.7       –2.4
  Finland                               2.7         4.1       15.7        24.4       1.4         8.8        2.7        1.8        4.2        8.2
  France                            50.9           44.4       45.1        40.6      –7.2         0.9       –2.8       13.7       –7.4       –4.8
  Germany                          125.6           76.8       72.9        74.7     –21.5        –4.2        8.8        0.5      –14.8        1.4
  Greece                            15.4           13.6        7.2         8.1      –1.9        –6.4       –3.1       –0.3       –0.1        0.9
  Guernsey                          45.4           38.2       46.5        48.5      –7.3         2.3        2.2       –0.3        0.1        1.6
  Hong Kong SAR                    126.0          130.9      143.9       154.1       3.8        14.4        1.3        3.1        9.6        8.7
  India                             17.7           24.3       27.1        27.4       6.2         3.0        0.4        2.2        0.2        0.1
  Ireland                          104.2           87.7       79.2        78.5     –20.5        –6.8       –4.1       –6.8        5.6       –1.7
  Isle of Man                       18.1           13.8       12.3        11.8      –4.3        –1.2        0.1       –0.5       –0.5       –0.7
  Italy                              5.5            4.6        5.0         6.1      –1.0         0.5        0.5       –0.3       –0.6        1.1
  Japan                            177.4          161.1      227.6       277.3     –18.1        68.5       15.2       49.9       –7.2       48.1
  (JOM)                               ...            ...        ...         ...       ...         ...        ...        ...        ...        ...
  (Others)                         177.4          161.1      227.6       277.3     –18.1        68.5       15.2       49.9       –7.2       48.1
  Jersey                            84.5           58.5       47.6        49.8     –26.5        –9.5       –7.3       –0.9        0.7        1.3
  Luxembourg                        54.3           53.1       51.4        52.6      –2.2        –4.1       –2.3        2.5        0.6        0.8
  Macao SAR                          9.4           10.2        9.6        10.4       0.6        –0.3       –0.1       –0.1        0.8        0.6
  Malaysia                           2.9            4.0        3.4         3.8       1.0        –0.6       –0.2        0.1        0.1        0.4
  Mexico                             0.5            0.7        1.2         2.0       0.2         0.5        0.0        0.6       –0.2        0.8
  Netherlands                      135.7          152.0      164.6       182.8      14.2        11.5       –3.7       13.9        2.0       17.2
  Netherlands Antilles              11.6           11.7          –           –       0.2        –2.9        0.1       –0.5        1.0         ...
  Norway                            13.3           12.4       14.0        17.5      –1.1         2.0        1.1        0.6        0.7        2.9
  Panama                            12.1           15.8       16.7        17.1       3.7         0.9        0.2        0.8        0.4        0.4
  Portugal                           4.6            5.5        4.0         3.4       0.8        –1.5       –3.0        0.3       –0.0       –0.6
  Singapore                        262.2          269.4      274.0       286.2       3.8         5.5       –5.0        7.7        2.7        8.4
  South Africa                        ...           2.9        1.5         1.6       1.0        –0.9       –0.1        0.2       –0.0        0.1
  South Korea                        4.4            6.9        4.2         5.1       2.5        –2.7       –1.0        0.4       –0.8        0.8
  Spain                             33.5            31.6      34.1        29.7      –2.4         2.6       –0.2        4.2       –0.4       –4.4
  Sweden                            23.0            15.8      17.3        24.3      –7.8         2.3       –2.8        3.0       –0.8        6.1
  Switzerland                      471.4           441.5     408.3       423.5     –39.0       –20.1       –3.1        3.8       –6.4        5.7
  Turkey                             4.7             5.6       5.7         5.7       0.8         0.4       –0.1        0.5       –0.8       –0.2
  United Kingdom                 1,559.1         1,607.7   1,726.3     1,858.7      21.5       135.3       –2.4       86.3      –14.8       92.9
  United States                        46.4        32.6       26.5        29.9     –14.4        –5.6        2.8       –1.7       –2.1        2.6
  (IBFs)                                8.2         4.9        5.2         6.1      –3.3         0.3        0.9        0.3       –0.3        0.7
  (Others)                             38.2        27.7       21.3        23.8     –11.1        –6.0        1.9       –1.9       –1.8        1.8




BIS Quarterly Review, September 2011                                                                                                      A 15
Table 3A: External loans and deposits of banks in all currencies vis-à-vis all sectors
In individual reporting countries
in billions of US dollars
                                        Amounts outstanding                          Estimated exchange rate adjusted changes
Reporting countries         Dec 2008    Dec 2009 Dec 2010      Mar 2011      2009        2010   Q2 2010    Q3 2010     Q4 2010    Q1 2011
Loans
All countries               22,902.5     21,661.1   22,031.3   22,979.0   –1,717.0      931.2      208.3      355.9       –59.6      445.9
  Australia                     88.9       100.9      106.0       118.9      –1.0         5.6        2.6        3.2         5.4       11.2
  Austria                      339.8       316.3      270.9       308.2     –34.8       –30.8       –1.2      –17.6       –23.8       23.7
  Bahamas                      497.1       424.5      474.1       505.6     –75.3        50.2       20.2      –16.0       –12.0       30.2
  Bahrain                      203.9       179.6      176.4       157.3     –25.8        –1.2      –10.6        0.4         5.9      –21.0
  Belgium                      636.2       563.5      511.8       517.7     –87.5       –26.6       20.2      –23.4        –1.4      –16.2
  Bermuda                        3.6          3.8        5.3        4.8       0.2         1.5        0.4        –0.4        1.1       –0.6
  Brazil                        34.8         32.9       37.8       43.9      –2.1         4.2        3.4        –1.1        6.8        5.5
  Canada                       301.4        370.8      380.8      379.3      58.0         7.1       –3.4        –4.1       –4.7       –5.2
  Cayman Islands             1,561.3      1,587.7    1,620.2    1,635.8      23.5        36.9       29.9         3.5       31.6       11.6
  Chile                          3.4          5.2        5.0        6.2       1.8        –0.3       –0.7        –0.1        0.1        1.2
  Chinese Taipei                86.6        84.0       88.2        86.7      –3.0         3.9       –1.9        2.1         2.3       –1.7
  Curacao                         ...         ...      19.9        18.3        ...          –         ...        ...          –       –2.1
  Cyprus                        53.6        57.7       49.2        52.9       1.9        –6.5       15.6      –21.5        –2.7        2.2
  Denmark                      192.2       164.1      159.9       164.5     –31.7         2.4      –10.7       20.7       –14.9       –3.0
  Finland                      104.8       112.6      115.1       155.9       6.0        14.4        4.0        1.2        23.0       36.0
  France                     1,472.3      1,425.8    1,496.5    1,603.3     –83.7       138.0      –57.5      108.1         9.3       40.8
  Germany                    2,310.6      2,096.9    1,809.0    1,839.1    –250.5       –83.0       24.9      –52.9       –20.6      –46.2
  Greece                       122.5        161.0      115.3      113.6      32.9       –27.0        1.9      –14.8       –21.3       –7.5
  Guernsey                     190.1        148.5      147.4      153.6     –43.6         1.3        1.6        5.5         0.6        3.4
  Hong Kong SAR                547.8        501.3      572.4      593.7     –48.7        69.8       –9.5       42.5        36.2       17.1
  India                         22.9        21.9        27.7       31.1      –1.3         5.9       –0.8         4.9       –1.9        3.0
  Ireland                      492.3       467.5       459.8      443.1     –49.3        19.9       11.8         4.6      –15.7      –33.3
  Isle of Man                   81.7        81.2        74.0       73.1      –6.5        –4.7       –1.9         0.0       –0.9       –2.7
  Italy                        300.1       251.0       250.2      275.6     –56.3        14.1        6.8        –0.6        5.4       11.4
  Japan                      1,133.7       871.6     1,028.9    1,091.8    –262.0       116.2       53.3        29.1       28.0       63.1
  (JOM)                        629.1       522.1      590.0       630.9    –102.8        41.9        3.3       30.9         9.1       45.7
  (Others)                     504.6       349.5      438.9       460.9    –159.2        74.3       50.1       –1.9        18.9       17.3
  Jersey                       377.1       296.6      245.2       260.9     –94.3       –43.3      –18.0      –15.7       –10.6        9.5
  Luxembourg                   690.2       619.1      530.8       573.3     –86.5        –5.7        6.2       17.5        –7.9       17.7
  Macao SAR                     24.6        31.9       42.0        45.8       6.7        11.1        3.3        3.2         2.0        2.3
  Malaysia                      19.0        21.7       29.2        36.1       2.4         7.3       –2.2        5.4        –0.4        6.5
  Mexico                        20.7        15.4       13.1        11.5      –5.5        –2.4        0.5        1.2        –0.5       –1.8
  Netherlands                  794.8       699.8      707.7       807.1    –115.9        10.9      –42.7       56.1       –25.9       74.9
  Netherlands Antilles          20.7        20.8          –           –      –0.1        –0.3       –0.8        0.5         0.4         ...
  Norway                        75.7        65.6       64.2        79.9     –12.2        –0.1       22.2      –23.4         0.5       13.7
  Panama                        25.3        25.8       29.2        29.4       0.6         3.4        0.6         2.0        1.9        0.1
  Portugal                      83.9        88.9       85.1        86.2       2.6         1.5        1.3        –0.4       –4.1       –3.1
  Singapore                    701.1       688.6      791.1       835.7     –19.9        88.4       31.3         1.3       30.3       40.4
  South Africa                    ...       26.0       30.9        26.3       0.2         4.2       –1.4         2.1        2.9       –4.6
  South Korea                   80.1        74.3       81.4        83.5      –6.1         7.4      –12.2        20.9       –3.6        1.6
  Spain                        347.0        335.8      300.8      328.2     –20.6       –16.2       –2.6      –14.3         9.8       12.2
  Sweden                       204.9        211.3      228.9      258.4      –3.4        22.8        9.7       –4.7        –3.8       19.5
  Switzerland                1,030.2        826.0      736.2      716.2    –226.4       –78.9      –46.8       –2.0        –9.8      –35.2
  Turkey                        48.0         42.7       28.7       31.1      –5.8       –13.0       –4.7       –0.4        –5.2        1.9
  United Kingdom             4,674.4      4,417.2    4,522.9    4,720.7    –387.9       182.7       79.2       90.5      –112.6       70.1
  United States              2,903.0      3,123.3    3,562.3    3,674.9     194.0       439.9       87.1      142.8        41.5       99.6
  (IBFs)                       514.2        668.8      667.9      716.1     154.3        –0.7     –119.0       66.6        13.7       46.6
  (Others)                   2,388.8      2,454.5    2,894.4    2,958.8      39.7       440.6      206.1       76.2        27.8       53.0




A 16                                                                                                   BIS Quarterly Review, September 2011
Table 3A: External loans and deposits of banks in all currencies vis-à-vis all sectors
In individual reporting countries
in billions of US dollars
                                            Amounts outstanding                          Estimated exchange rate adjusted changes
Reporting countries            Dec 2008     Dec 2009 Dec 2010      Mar 2011      2009        2010   Q2 2010    Q3 2010     Q4 2010   Q1 2011
Deposits
All countries                   24,467.4     23,113.4   23,271.9   24,271.4   –1,883.9      799.9       38.9      352.6       49.7     459.3
  Australia                        126.6       153.0      135.0       157.4       6.1       –20.6        1.5       –5.9        6.3      20.8
  Austria                          200.1       190.8      170.9       196.6     –16.0       –12.2       –2.8        5.1      –17.4      17.3
  Bahamas                          507.2       440.7      478.3       510.0     –68.2        39.4       15.3      –17.2      –10.9      29.0
  Bahrain                          197.8       174.1      171.3       152.9     –25.4        –0.4       –9.0        1.7        4.0     –20.2
  Belgium                          634.3       580.5      550.8       545.8     –67.5        –4.6       32.5      –10.3       11.4     –27.8
  Bermuda                            3.0          2.8        2.9        3.0       –0.2        0.1        0.0       –0.9        0.9       0.0
  Brazil                            63.5         54.1       80.7       92.3       –9.6       26.6        7.8        9.8        0.8      10.9
  Canada                           269.7        315.1      339.6      356.7       31.8       23.2      –25.3       12.3       23.2      13.0
  Cayman Islands                 1,628.9      1,639.3    1,693.0    1,719.6        7.6       56.4       19.7        6.1       43.0      23.5
  Chile                              8.8         11.8        8.6       11.2        3.1       –3.3       –1.2       –1.2       –0.2       2.6
  Chinese Taipei                    87.4        77.7       95.0        97.2     –10.1        16.5        6.5        6.9        1.8       2.0
  Curacao                             ...         ...      17.6        15.1        ...          –         ...        ...         –      –3.0
  Cyprus                            72.9        95.3       80.8        84.1      18.7        –9.6       23.6      –39.6        2.0       0.1
  Denmark                          212.6       204.5      200.7       200.0     –13.9         5.4      –24.0       35.5      –26.6      –9.5
  Finland                           86.7       120.5      149.3       175.1      32.1        14.7       17.3      –28.4       42.5      20.2
  France                         1,872.3      1,724.4    1,727.4    1,800.8    –191.0        73.0      –93.6      128.6      –17.2       4.9
  Germany                        1,375.3      1,249.9    1,291.8    1,299.0    –162.6       113.7       92.6        1.3      –56.8     –53.6
  Greece                           152.9        160.7      109.8      118.3       3.3       –41.0      –26.7       –3.1       –8.8       3.4
  Guernsey                         197.3        149.9      133.3      142.2     –48.8       –13.4       –0.9       –0.7       –8.3       6.1
  Hong Kong SAR                    460.5        463.5      562.9      577.9       0.4       100.0        9.7       42.3       42.3      10.9
  India                             60.0        66.7        74.3       76.6       4.9         6.2        3.8        2.2       –0.7       1.8
  Ireland                        1,023.0       905.9       582.4      553.4    –153.4      –120.1      –25.0      –48.2      –78.7     –52.2
  Isle of Man                       59.8        61.7        55.0       53.8      –2.2        –4.9       –1.6       –0.8       –0.7      –2.4
  Italy                            651.0       609.5       592.7      651.5     –64.2        19.3      –14.0       31.2       –8.3      24.9
  Japan                            918.8       958.9     1,159.0    1,152.6      39.5       162.9       69.2      113.6       –5.4      –4.6
  (JOM)                            235.4       220.3      234.5       237.9     –13.7         5.1       –5.2       30.4        0.0       4.9
  (Others)                         683.4       738.6      924.6       914.7      53.1       157.8       74.3       83.2       –5.5      –9.5
  Jersey                           226.2       181.7      164.0       178.2     –41.9       –12.2      –15.7       –0.1      –11.9       9.9
  Luxembourg                       655.3       593.2      528.3       557.9     –75.2       –19.1        6.2       –7.1        8.1       5.2
  Macao SAR                         15.8        20.7       28.3        30.8       4.5         8.1        1.7        2.2        2.3       1.5
  Malaysia                          31.5        32.4       35.4        40.2       0.5         1.9        0.4        3.1       –0.4       4.3
  Mexico                             8.9        10.2       17.9        18.8       1.0         7.4       –0.8        3.5        3.6       0.7
  Netherlands                      834.6       822.1      819.2       872.4     –35.5        44.0       –1.1       17.7      –10.8      21.9
  Netherlands Antilles              20.9        19.2          –           –      –1.9        –1.2        2.4       –2.3        0.8        ...
  Norway                           113.1       137.5      123.3       137.7      14.3       –12.3        3.4      –16.6        3.4       9.8
  Panama                            20.8        21.2       20.6        21.4       0.4        –0.6        0.5        1.2       –0.2       0.9
  Portugal                         202.4       201.3      172.9       178.7      –6.7       –14.9      –13.0       –8.0       –0.9      –3.3
  Singapore                        665.7       640.4      762.9       801.9     –32.7       127.1       31.4        2.9       60.3      31.3
  South Africa                        ...       19.5       21.1        18.6       1.1         0.7       –0.7        1.3        1.6      –2.3
  South Korea                      118.0       125.7      117.4       131.7       7.6        –9.8       –4.5        0.3       –8.8      14.0
  Spain                            686.5        716.8      670.9      712.2       5.7        –7.8      –51.0       32.4        8.6       5.2
  Sweden                           205.9        199.5      196.9      222.2     –21.6        –0.7       16.4      –13.3        6.6      17.6
  Switzerland                    1,030.8        892.1      826.7      804.5    –165.6       –54.2       –1.4      –24.3      –15.8     –41.2
  Turkey                            57.9         54.8       81.0       81.1      –3.7        28.0        8.2        4.3       10.2      –1.3
  United Kingdom                 5,162.7      4,731.5    4,728.8    4,880.1    –589.0        75.6      –17.7       30.2       –2.1      26.2
  United States                  3,540.1      3,282.4    3,493.1    3,840.1    –259.8       212.6       –1.4       85.1       57.2     340.7
  (IBFs)                           670.9        613.0      605.4      719.5     –58.2        –7.0      –47.6       11.3       11.8     112.7
  (Others)                       2,869.2      2,669.4    2,887.8    3,120.6    –201.6       219.6       46.2       73.8       45.4     227.9




BIS Quarterly Review, September 2011                                                                                                  A 17
International Banking Statistics Overview
International Banking Statistics Overview
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International Banking Statistics Overview

  • 1. Statistical Annex The international banking market Introduction to the BIS locational and consolidated international banking statistics ........................................................................................... page A4 1 BIS reporting banks: Summary of international positions ................................................... A7 2 External positions of banks in individual reporting countries .............................................. A8 3 External loans and deposits of banks in individual reporting countries ............................. A16 4 Local positions in foreign currency of banks in individual reporting countries ................... A20 5 Currency breakdown of reporting banks’ international positions....................................... A24 6 External positions of reporting banks vis-à-vis individual countries .................................. A28 7 External loans and deposits of reporting banks vis-à-vis individual countries ................... A44 8 International positions by nationality of ownership of reporting banks .............................. A60 9 Consolidated claims of reporting banks on individual countries........................................ A64 10 Signed international syndicated credit facilities by nationality of borrower ..................... A110 Securities markets 11 International debt securities by residence of issuer........................................................ A113 12 International debt securities by nationality of issuer ....................................................... A114 13 International debt securities by type, sector and currency.............................................. A118 14 International debt securities by residence of issuer........................................................ A120 15 International debt securities by nationality of issuer ....................................................... A122 16 Domestic debt securities by sector and residence of issuer ........................................... A124 17 Debt securities with remaining maturity up to one year .................................................. A126 18 Announced international equity issues by nationality of issuer ....................................... A128 Derivatives markets 19 Amounts outstanding of over-the-counter (OTC) derivatives by risk category and instrument ..................................................................................... A131 20 Amounts outstanding of OTC foreign exchange derivatives ........................................... A131 21 Amounts outstanding of OTC single-currency interest rate derivatives........................... A133 22 Amounts outstanding of OTC equity-linked and commodity derivatives.......................... A134 23 Derivative financial instruments traded on organised exchanges by instrument and location ............................................................................................. A136 Notes to tables ........................................................................................................................ A138 BIS Quarterly Review, September 2011 A1
  • 2.
  • 3. The international banking market 1 Introduction to the BIS locational and consolidated international banking statistics ........................................................................................... page A4 1 BIS reporting banks: Summary of international positions ............................................ A7 2 External positions of banks in individual reporting countries A In all currencies vis-à-vis all sectors .................................................................................. A8 B In all currencies vis-à-vis the non-bank sector ................................................................. A10 C In foreign currencies vis-à-vis all sectors ......................................................................... A12 D In foreign currencies vis-à-vis the non-bank sector .......................................................... A14 3 External loans and deposits of banks in individual reporting countries A In all currencies vis-à-vis all sectors ................................................................................ A16 B In all currencies vis-à-vis the non-bank sector ................................................................. A18 4 Local positions in foreign currency of banks in individual reporting countries A Vis-à-vis all sectors.......................................................................................................... A20 B Vis-à-vis the non-bank sector........................................................................................... A22 5 Currency breakdown of reporting banks’ international positions A Cross border positions vis-à-vis all sectors ...................................................................... A24 B Cross border positions vis-à-vis the non-bank sector ....................................................... A25 C Cross border positions vis-à-vis official monetary institutions........................................... A26 D Local positions in foreign currency vis-à-vis all sectors and vis-à-vis the non-bank sector ......................................................................................................... A27 6 External positions of reporting banks vis-à-vis individual countries A Vis-à-vis all sectors.......................................................................................................... A28 B Vis-à-vis the non-bank sector........................................................................................... A36 7 External loans and deposits of reporting banks vis-à-vis individual countries A Vis-à-vis all sectors.......................................................................................................... A44 B Vis-à-vis the non-bank sector........................................................................................... A52 8 International positions by nationality of ownership of reporting banks A Amounts outstanding ....................................................................................................... A60 B Estimated exchange rate adjusted changes ..................................................................... A62 9 Consolidated claims of reporting banks on individual countries A International and foreign claims by maturity and sector.................................................... A64 B Foreign claims by nationality of reporting banks, immediate borrower basis .................... A72 C Foreign claims by sector and type, ultimate risk basis ..................................................... A84 D Foreign claims by nationality of reporting banks, ultimate risk basis ................................ A88 E Foreign exposures on selected individual countries, ultimate risk basis ........................ A100 10 Signed international syndicated credit facilities by nationality of borrower ........... A110 1 More detailed data and a full set of historical time series are available on the BIS website under http://www.bis.org/statistics/bankstats.htm. BIS Quarterly Review, September 2011 A3
  • 4. Introduction to the BIS locational and consolidated international banking statistics The BIS collects and disseminates two different sets of international banking data, both based on information provided by banks. The first set of data is known as the locational statistics and is presented in Annex Tables 1–8B. These statistics were originally introduced in 1964 to monitor the development of eurocurrency markets, although in practice comprehensive locational data are only available from 1977. The second set, known as the consolidated statistics, is shown in Annex Tables 9A–9D. They were launched in a comprehensive form in 1983 following the onset of the Mexican debt crisis, with the main purpose of monitoring industrial country banks’ exposure to developing countries. Once differences in reporting regimes are taken into account, the two sets of data may be used to complement one another in economic analysis. The basic characteristics of the two data sets are summarised in the table below. The locational reporting system collects quarterly data on the gross international financial claims and liabilities of banks resident in a given country. The main purpose of the statistics is to provide information on the role of banks and financial centres in the intermediation of international capital flows. The reporting system is currently comprised of 43 countries (see the table overleaf). The key organisational criteria are the country of residence of the reporting banks and their counterparties as well as the recording of all positions on a gross basis, including those vis-à-vis own affiliates. This methodology is consistent with the principles underlying the compilation of national accounts, balances of payments and external debt statistics. The currency detail supplied by the reporting countries allows the approximation of capital flows, adjusted for exchange rate fluctuations. The consolidated banking statistics report banks’ on-balance sheet financial claims (ie contractual lending) vis-à-vis the rest of the world and provide a measure of the risk exposures of lenders’ national banking systems. The data cover contractual (immediate borrower) and ultimate risk lending by the head office and all its branches and subsidiaries on a worldwide consolidated basis, net of inter-office accounts. Reporting of lending in this way allows the allocation of claims to the bank entity that would bear the losses as a result of default by borrowers. The consolidated statistics also provide information on the maturity (ie liquidity) and sector risk distribution of banks’ contractual lending. Furthermore, to reflect the fact that banks’ country risk exposure can differ substantially from that of contractual lending due to the use of risk mitigants such as guarantees and collateral, reporting countries provide information on claims on an ultimate risk basis (ie Data characteristics Locational Consolidated (Tables 1–8 B) (Tables 9 A–9 D) Creditor reporting basis Residence (host country) Nationality (home country) Number of reporting countries 43 30 Frequency Quarterly since 1977 Quarterly since March 20001 Reported data External claims and liabilities Worldwide consolidated claims Inter-office netting-out No Yes Type of counterparty Immediate borrower Immediate (contractual) and ultimate borrower Composition of claims by: Country of borrower Yes Yes Currency Yes No Type of instrument Yes (loans, deposits, securities) No Maturity No Yes Sector Yes (bank, non-banks) Yes (banks, non-banks, public) 1 Semiannual available since 1983. A4 BIS Quarterly Review, September 2011
  • 5. contractual claims net of guarantees and collateral) since June 1999. A finer breakdown of BIS reporting banks’ foreign claims on an ultimate risk basis, and information about derivatives, credit commitments and guarantees are provided as of 2005 Q1. The consolidated statistics became available on a quarterly basis in March 2000; previously, the statistics were collected semiannually. There are currently 30 countries reporting these data (see the table below). Because more countries contribute to the locational bank lending data, one would expect the measure of outstanding debt as reported by the locational data to exceed that of the consolidated data. However, the reporting of worldwide positions in the consolidated data tends to compensate for this. While the locational statistics are appropriate for measuring lending flows in a given period, the consolidated statistics are more suited to gauging the size of banks’ country and liquidity risk exposures. The detailed maturity and sector breakdowns of the consolidated statistics can be used to supplement the locational data. Reporting countries providing locational banking data First year of joining followed by first period of data availability in brackets Australia (1997, Q4 1997) Germany (1977, Q4 1977) Netherlands (1977, Q4 1977) Austria (1977, Q4 1977) Greece (2003, Q4 2003) Netherlands Antilles (1983, Q4 1983) Bahamas (1983, Q4 1983) 1 Guernsey (2001, Q4 2001) Norway (1983, Q4 1983) Bahrain (1983, Q4 1983) Hong Kong SAR (1983, Q4 1983) Panama (2002, Q4 2002) Belgium (1977, Q4 1977) India (2001, Q4 2001) Portugal (1997, Q4 1997) Bermuda (2002, Q4 2002) Ireland (1977, Q4 1977) Singapore (1983, Q4 1983) Brazil (2002, Q4 2002) Isle of Man (2001, Q4 2001) South Africa (2009, Q3 2009) Canada (1977, Q4 1977) Italy (1977, Q4 1977) Spain (1983, Q4 1983) Cayman Islands (1983, Q4 1983) Japan (1977, Q4 1977) Sweden (1977, Q4 1977) Chile (2002, Q4 2002) Jersey (2001, Q4 2001) Switzerland (1977, Q4 1977) Chinese Taipei(2000, Q4 2000) Korea (2005, Q1 2005) Turkey (2000, Q4 2000) Cyprus (2008, Q4 2008) Luxembourg (1977, Q4 1977) United Kingdom (1977, Q4 1977) Denmark (1977, Q4 1977) Macao SAR (2006, Q4 2003) United States (1977, Q4 1977) Finland (1983, Q4 1983) Malaysia (2008, Q4 2007) France (1977, Q4 1977) Mexico (2003, Q4 2003) Reporting countries providing consolidated banking data First year of joining followed by first period of data availability in brackets Australia (2003, Q4 2003) Germany (1983, Q4 1983) Norway (1994, Q2 1994) Austria (1983, Q4 1983) Greece (2003, Q4 2003) Panama (2002, Q4 2002) 2 Belgium (1983, Q4 1983) Hong Kong SAR (1997, Q4 1997) 2 Portugal (1999, Q4 1999) Brazil (2002, Q4 2002)2 India (2001, Q4 2000) Singapore (2000, Q4 2000) Canada (1983, Q4 1983) Ireland (1983, Q4 1983) Spain (1985, Q4 1985) Chile (2002, Q4 2002) Italy (1983, Q4 1983) Sweden (1983, Q4 1983) Chinese Taipei (2000, Q4 2000) Japan (1983, Q4 1983) Switzerland (1983, Q4 1983) Denmark (1983, Q4 1983) 2 Luxembourg (1983, Q4 1983) 2 Turkey (2000, Q4 2000) Finland (1985, Q4 1985) Mexico (2003, Q4 2003) 2 United Kingdom (1983, Q4 1983) France (1983, Q4 1983) Netherlands (1983, Q4 1983) United States (1983, Q4 1983) 1 2 Semi-annual reporting. Provides only consolidated banking statistics on an immediate borrower basis. ______________________________________________________  For a more detailed analysis, see the special feature “The BIS consolidated banking statistics: structure, uses and improvements” in September 2005 BIS Quarterly Review. BIS Quarterly Review, September 2011 A5
  • 6.
  • 7. Table 1: BIS reporting banks Summary of international positions In billions of US dollars Amounts outstanding Estimated exchange rate adjusted changes Positions Dec 2008 Dec 2009 Dec 2010 Mar 2011 2009 2010 Q2 2010 Q3 2010 Q4 2010 Q1 2011 A. Total assets 35,363.0 33,838.1 33,925.4 35,310.9 –2,343.8 932.5 9.5 741.1 –466.2 537.9 claims on banks 22,279.7 21,089.2 20,940.3 21,759.4 –1,727.7 427.5 154.9 304.1 –397.5 290.7 claims on non-banks 13,083.4 12,748.9 12,985.1 13,551.5 –616.1 505.0 –145.5 437.1 –68.7 247.2 B. External assets 31,292.0 30,078.6 30,123.9 31,385.0 –1,957.3 838.7 41.2 616.4 –416.8 491.4 claims on banks 20,290.4 19,255.5 19,116.9 19,860.8 –1,526.5 395.3 163.8 242.1 –379.2 254.0 claims on non-banks 11,001.6 10,823.1 11,007.0 11,524.2 –430.8 443.4 –122.6 374.3 –37.6 237.3 1. Loans and deposits 22,902.5 21,661.1 22,031.3 22,979.0 –1,717.0 931.2 208.3 355.9 –59.6 445.9 claims on banks 16,589.7 15,665.3 15,657.2 16,269.5 –1,254.2 536.5 184.8 145.9 –106.3 250.5 claims on non-banks 6,312.7 5,995.8 6,374.2 6,709.5 –462.8 394.7 23.5 210.1 46.7 195.5 2. Holdings of securities and other assets 8,389.5 8,417.4 8,092.6 8,405.9 –240.4 –92.5 –167.0 260.5 –357.2 45.4 claims on banks 3,700.7 3,590.2 3,459.7 3,591.4 –272.3 –141.2 –20.9 96.3 –272.9 3.7 claims on non-banks 4,688.9 4,827.2 4,632.8 4,814.5 32.0 48.7 –146.1 164.2 –84.3 41.7 C. Local assets in foreign currency 4,071.0 3,759.6 3,801.5 3,925.9 –386.5 93.9 –31.8 124.7 –49.4 46.5 claims on banks 1,989.3 1,833.7 1,823.4 1,898.6 –201.2 32.2 –8.9 61.9 –18.3 36.7 claims on non-banks 2,081.7 1,925.8 1,978.1 2,027.3 –185.3 61.6 –22.9 62.8 –31.1 9.9 D. Total liabilities 34,006.7 32,338.3 32,740.6 34,232.1 –2,508.9 1,056.7 59.1 833.8 –292.1 718.4 liabilities to banks 24,338.2 23,176.6 23,136.1 24,204.0 –1,902.0 479.3 26.9 515.6 –366.0 489.5 liabilities to non-banks 9,668.5 9,161.7 9,604.5 10,028.1 –606.9 577.5 32.2 318.2 73.9 228.9 E. External liabilities 29,192.8 28,131.4 28,468.3 29,730.4 –1,815.2 909.8 53.0 635.7 –270.2 571.8 liabilities to banks 21,461.3 20,849.8 20,841.1 21,786.2 –1,299.5 482.4 28.7 396.7 –305.3 413.4 liabilities to non-banks 7,731.5 7,281.6 7,627.3 7,944.2 –515.7 427.4 24.4 239.0 35.2 158.4 1. Loans and deposits 24,467.4 23,113.4 23,271.9 24,271.4 –1,883.9 799.9 38.9 352.6 49.7 459.3 liabilities to banks 17,442.6 16,523.5 16,284.5 17,007.9 –1,358.8 321.0 5.3 139.2 –52.6 325.9 liabilities to non-banks 7,024.8 6,589.9 6,987.4 7,263.5 –525.1 478.9 33.6 213.4 102.3 133.4 2. Own issues of securities and other liabilities 4,725.4 5,018.0 5,196.3 5,458.9 68.7 109.9 14.2 283.0 –319.9 112.5 liabilities to banks 4,018.7 4,326.2 4,556.6 4,778.2 59.3 161.5 23.4 257.5 –252.8 87.5 liabilities to non-banks 706.7 691.7 639.8 680.7 9.4 –51.6 –9.2 25.6 –67.1 25.0 F. Local liabilities in foreign currency 4,813.9 4,206.9 4,272.2 4,501.7 –693.7 146.9 6.1 198.1 –21.9 146.6 liabilities to banks 2,876.9 2,326.8 2,295.0 2,417.8 –602.5 –3.2 –1.8 118.9 –60.6 76.0 liabilities to non-banks 1,937.0 1,880.1 1,977.2 2,083.9 –91.2 150.1 7.8 79.2 38.7 70.6 BIS Quarterly Review, September 2011 A7
  • 8. Table 2A: External positions of banks in all currencies vis-à-vis all sectors In individual reporting countries in billions of US dollars Amounts outstanding Estimated exchange rate adjusted changes Reporting countries Dec 2008 Dec 2009 Dec 2010 Mar 2011 2009 2010 Q2 2010 Q3 2010 Q4 2010 Q1 2011 Assets All countries 31,292.0 30,078.6 30,123.9 31,385.0 –1,957.3 838.7 41.2 616.4 –416.8 491.4 Australia 260.1 230.9 255.4 271.5 –58.9 16.7 27.0 7.4 –2.4 11.7 Austria 497.9 459.9 407.2 455.9 –53.6 –30.0 –7.9 –9.5 –21.9 28.0 Bahamas 514.4 436.2 487.9 519.4 –81.0 52.3 21.3 –16.1 –12.0 30.1 Bahrain 203.9 179.6 176.4 157.3 –25.8 –1.2 –10.6 0.4 5.9 –21.0 Belgium 969.0 841.9 744.0 749.5 –150.5 –55.4 16.9 –36.1 –10.9 –28.7 Bermuda 9.7 8.9 11.0 10.5 –1.0 2.2 0.5 –0.0 1.1 –0.6 Brazil 60.7 51.8 72.1 81.4 –9.9 19.5 4.2 0.1 9.0 8.5 Canada 342.5 416.6 445.4 440.8 61.6 25.7 2.4 –5.0 4.2 –8.8 Cayman Islands 1,799.2 1,755.9 1,761.7 1,781.8 –46.1 10.8 1.1 5.0 37.2 15.6 Chile 6.5 7.3 7.7 8.6 0.6 0.4 –0.8 –0.1 2.5 0.9 Chinese Taipei 169.5 187.8 204.1 206.5 17.5 16.6 –4.1 7.9 6.1 1.3 Curacao ... ... 19.9 18.3 ... – ... ... – –2.1 Cyprus 89.2 112.1 93.5 95.4 18.4 –12.9 24.6 –42.4 2.6 –2.0 Denmark 225.4 193.6 176.8 179.6 –36.2 –8.3 –14.1 14.1 –18.0 –5.6 Finland 113.0 137.4 319.5 368.8 22.1 15.8 5.5 25.2 –2.3 34.7 France 2,599.9 2,576.0 2,491.9 2,667.5 –99.4 47.6 –104.4 118.9 –45.9 60.8 Germany 3,389.9 3,130.1 2,687.8 2,772.2 –328.7 –169.6 –12.6 –73.7 –45.6 –42.2 Greece 184.8 239.7 171.6 173.3 46.4 –44.2 –9.0 –18.4 –21.2 –7.0 Guernsey 245.9 202.3 192.1 203.2 –46.7 –6.7 –1.4 6.1 –7.7 7.1 Hong Kong SAR 788.5 747.8 829.8 845.5 –44.4 80.3 –21.4 54.8 38.6 9.7 India 24.7 23.7 29.6 33.0 –1.3 6.0 –1.0 5.0 –1.8 3.1 Ireland 968.3 914.9 696.2 669.9 –94.7 –42.3 –15.5 –5.3 –32.6 –52.2 Isle of Man 81.7 81.2 74.7 73.9 –6.5 –4.0 –1.3 0.1 –0.9 –2.7 Italy 665.0 598.3 579.0 602.7 –88.2 17.7 17.6 13.7 –41.1 –8.6 Japan 2,575.8 2,465.1 2,821.0 2,949.9 –124.7 306.8 76.4 148.5 5.3 112.3 (JOM) 629.1 522.1 590.0 630.9 –102.8 41.9 3.3 30.9 9.1 45.7 (Others) 1,946.7 1,943.0 2,231.0 2,319.0 –21.8 264.9 73.2 117.6 –3.8 66.6 Jersey 387.7 329.4 298.1 313.5 –73.5 –23.0 –14.1 0.8 –10.9 7.8 Luxembourg 981.8 903.3 761.4 802.9 –102.0 –20.6 11.0 8.0 –20.2 5.5 Macao SAR 27.6 35.4 45.1 48.9 7.1 10.8 3.2 3.5 1.6 2.2 Malaysia 26.2 30.4 38.8 46.9 3.8 8.2 –2.1 6.7 –0.8 7.5 Mexico 34.2 25.5 34.5 37.5 –9.1 8.5 8.6 0.4 –0.4 2.2 Netherlands 1,175.3 1,056.6 1,115.2 1,218.2 –150.9 53.9 –21.6 96.3 –93.4 62.1 Netherlands Antilles 20.7 20.8 – – –0.1 –0.3 –0.8 0.5 0.4 ... Norway 109.8 108.8 101.2 122.2 –5.5 –5.1 16.6 –20.8 –1.3 17.4 Panama 33.5 34.9 39.2 40.0 1.4 4.4 0.8 2.5 1.7 0.8 Portugal 139.4 161.1 152.5 149.6 16.9 1.8 –2.3 –2.0 –7.1 –10.7 Singapore 794.2 746.8 824.8 870.0 –54.8 62.5 44.3 –1.2 –5.3 40.7 South Africa ... 51.8 57.3 49.6 –1.2 8.5 –2.0 7.5 1.8 –7.4 South Korea 106.8 98.1 104.9 113.3 –9.2 7.0 –11.3 25.0 –10.4 7.6 Spain 575.3 597.4 499.5 546.0 2.3 –66.4 –21.9 –15.9 –7.5 23.1 Sweden 365.7 349.3 365.9 402.9 –37.5 23.9 14.2 0.4 –16.6 20.2 Switzerland 1,115.7 908.2 804.6 790.0 –232.8 –92.3 –49.8 –1.5 –11.3 –32.2 Turkey 51.6 46.0 32.4 35.0 –6.2 –12.4 –4.3 –0.3 –5.1 1.9 United Kingdom 5,643.1 5,435.8 5,510.3 5,771.4 –371.0 182.6 –6.8 162.5 –124.1 105.1 United States 2,917.7 3,140.3 3,582.1 3,690.7 196.3 442.7 86.3 143.5 43.9 95.5 (IBFs) 514.2 669.7 669.1 717.0 155.1 –0.3 –118.8 67.0 13.7 46.3 (Others) 2,403.5 2,470.6 2,913.0 2,973.7 41.2 443.0 205.2 76.5 30.2 49.2 A8 BIS Quarterly Review, September 2011
  • 9. Table 2A: External positions of banks in all currencies vis-à-vis all sectors In individual reporting countries in billions of US dollars Amounts outstanding Estimated exchange rate adjusted changes Reporting countries Dec 2008 Dec 2009 Dec 2010 Mar 2011 2009 2010 Q2 2010 Q3 2010 Q4 2010 Q1 2011 Liabilities All countries 29,192.8 28,131.4 28,468.3 29,730.4 –1,815.2 909.8 53.0 635.7 –270.2 571.8 Australia 514.1 592.0 639.6 654.0 29.8 45.5 –1.4 30.9 7.7 6.6 Austria 306.4 276.2 253.6 279.9 –40.6 –11.1 –6.1 14.4 –21.1 14.0 Bahamas 518.3 442.4 484.3 516.0 –77.7 43.3 25.1 –25.2 –18.4 28.9 Bahrain 197.8 174.1 171.3 152.9 –25.4 –0.4 –9.0 1.7 4.0 –20.2 Belgium 731.5 657.4 617.7 608.3 –90.2 –13.2 36.7 –14.4 3.6 –34.7 Bermuda 3.5 3.1 3.2 3.3 –0.3 0.1 0.0 –0.9 0.9 0.0 Brazil 85.2 71.4 105.1 122.6 –14.7 33.7 11.9 13.5 3.2 16.8 Canada 274.1 321.7 346.5 363.8 33.2 23.3 –25.3 12.3 23.2 13.0 Cayman Islands 1,803.3 1,771.1 1,795.9 1,820.0 –35.6 29.3 –0.6 10.5 42.5 20.3 Chile 12.3 14.4 13.4 15.8 2.1 –1.1 –1.4 –1.0 2.5 2.5 Chinese Taipei 91.7 81.9 100.3 104.3 –10.3 17.6 5.7 7.9 1.5 3.7 Curacao ... ... 17.6 15.1 ... – ... ... – –3.0 Cyprus 81.1 101.1 81.8 85.1 16.1 –14.1 23.2 –43.2 1.6 0.1 Denmark 323.6 328.2 306.8 310.3 –4.4 –7.6 –17.2 10.6 –18.2 –9.2 Finland 135.4 177.9 382.7 424.6 38.6 8.0 15.7 –2.7 10.4 25.7 France 2,501.9 2,397.3 2,422.0 2,569.3 –166.7 125.9 –83.5 149.5 –27.6 45.3 Germany 1,824.9 1,721.4 1,803.6 1,806.9 –149.2 148.9 95.4 14.8 –47.4 –62.2 Greece 153.4 161.2 110.1 118.7 3.3 –41.2 –26.8 –3.1 –8.9 3.5 Guernsey 207.7 155.5 145.8 154.8 –53.9 –12.8 –0.8 –1.3 –7.4 6.0 Hong Kong SAR 504.4 498.0 604.8 623.4 –9.3 107.5 11.9 43.7 40.1 14.2 India 75.2 89.3 106.2 108.6 11.6 14.7 3.3 8.8 –0.4 1.8 Ireland 1,023.0 905.9 582.4 553.4 –153.4 –120.1 –25.0 –48.2 –78.7 –52.2 Isle of Man 59.8 61.7 55.2 54.0 –2.2 –4.6 –1.5 –0.8 –0.6 –2.5 Italy 920.7 858.9 845.2 912.0 –95.5 37.0 12.5 59.1 –60.5 18.2 Japan 942.1 979.9 1,179.0 1,175.3 37.3 161.2 64.9 117.1 –5.9 –1.8 (JOM) 235.4 220.3 234.5 237.9 –13.7 5.1 –5.2 30.4 0.0 4.9 (Others) 706.7 759.6 944.5 937.3 50.9 156.1 70.0 86.7 –5.9 –6.6 Jersey 352.9 293.3 258.1 274.9 –72.2 –27.6 –15.7 0.6 –12.7 10.1 Luxembourg 682.8 625.9 528.3 557.9 –71.1 –18.5 6.0 –6.6 6.4 5.2 Macao SAR 15.9 20.8 28.5 31.5 4.6 8.2 1.7 2.3 2.3 1.9 Malaysia 46.6 49.3 55.2 60.8 2.3 3.3 0.0 4.0 –0.6 4.8 Mexico 23.4 23.2 43.0 49.8 –0.7 18.7 6.2 7.1 2.4 5.8 Netherlands 1,265.8 1,233.5 1,296.5 1,380.1 –65.9 108.0 30.4 88.6 –79.5 39.3 Netherlands Antilles 20.9 19.2 – – –1.9 –1.2 2.4 –2.3 0.8 ... Norway 201.3 211.7 187.8 208.3 –3.3 –19.4 5.7 –20.0 –0.2 13.4 Panama 27.0 26.3 30.3 31.1 –0.6 4.0 1.1 3.0 1.0 0.7 Portugal 203.6 203.2 173.5 178.9 –6.1 –15.7 –15.1 –10.2 –1.1 –3.7 Singapore 795.4 740.4 838.3 877.3 –63.5 103.1 54.2 –3.5 12.5 29.1 South Africa ... 43.8 47.8 39.6 –1.1 6.4 –1.4 6.3 0.8 –7.7 South Korea 195.1 207.8 197.7 216.1 12.1 –11.9 –3.8 3.8 –17.1 17.6 Spain 755.1 792.0 754.1 810.8 10.0 1.5 –52.6 45.0 7.7 16.8 Sweden 421.3 474.0 467.0 532.8 –11.3 –1.7 27.1 –5.0 –35.2 47.8 Switzerland 1,030.8 892.1 826.7 804.5 –165.6 –54.2 –1.4 –24.3 –15.8 –41.2 Turkey 57.9 54.8 82.0 83.1 –3.7 29.0 8.2 5.4 10.2 –0.3 United Kingdom 6,143.2 5,994.8 5,902.6 6,099.9 –338.6 14.4 –108.1 101.0 –47.9 39.8 United States 3,662.5 3,383.3 3,577.0 3,940.7 –281.3 193.7 0.2 86.6 49.9 357.4 (IBFs) 670.9 613.0 605.4 719.5 –58.2 –7.0 –47.6 11.3 11.8 112.7 (Others) 2,991.6 2,770.4 2,971.6 3,221.2 –223.1 200.7 47.8 75.3 38.1 244.7 BIS Quarterly Review, September 2011 A9
  • 10. Table 2B: External positions of banks in all currencies vis-à-vis the non-bank sector Individual reporting countries in billions of US dollars Amounts outstanding Estimated exchange rate adjusted changes Reporting countries Dec 2008 Dec 2009 Dec 2010 Mar 2011 2009 2010 Q2 2010 Q3 2010 Q4 2010 Q1 2011 Assets All countries 11,001.6 10,823.1 11,007.0 11,524.2 –430.8 443.4 –122.6 374.3 –37.6 237.3 Australia 85.0 64.6 71.0 71.4 –20.0 3.3 –0.5 3.4 3.4 –0.7 Austria 212.5 204.5 197.7 213.8 –14.5 3.3 –5.7 13.2 –5.5 6.2 Bahamas 30.4 21.5 24.1 20.5 –9.1 2.7 26.2 –24.9 –3.0 –3.9 Bahrain 124.1 109.3 98.3 93.2 –15.2 –10.1 –4.2 –2.1 –1.1 –5.9 Belgium 421.9 367.8 306.1 305.0 –65.1 –41.4 6.9 –30.2 –7.3 –16.7 Bermuda 2.3 2.3 3.1 3.5 0.0 0.8 0.1 0.1 0.4 0.4 Brazil 8.6 2.8 6.0 9.3 –6.4 3.2 –0.9 –1.0 1.3 3.2 Canada 142.0 157.8 177.0 170.7 9.0 17.4 –6.8 0.1 13.6 –8.2 Cayman Islands 502.7 452.4 433.0 383.1 –50.9 –18.8 2.2 32.6 –22.4 –50.6 Chile 1.6 2.4 3.4 3.0 0.8 1.0 –1.5 0.9 0.7 –0.4 Chinese Taipei 97.8 116.7 137.4 144.9 18.7 20.9 1.2 8.4 6.7 6.8 Curacao ... ... 10.1 9.6 ... – ... ... – –0.6 Cyprus 36.1 56.9 52.5 53.0 18.7 –1.0 –5.6 –4.8 5.8 –2.1 Denmark 57.1 60.9 60.5 57.9 2.2 2.1 –4.9 10.1 –0.6 –5.5 Finland 24.4 18.6 37.1 70.0 –5.8 1.9 –6.3 0.4 5.7 30.4 France 929.1 853.4 809.6 892.6 –101.9 –3.1 –31.3 46.4 –28.7 47.9 Germany 1,267.9 1,177.2 1,034.2 1,075.6 –99.6 –82.8 –19.4 –16.7 –33.1 –4.4 Greece 61.5 76.8 48.5 51.6 12.4 –13.8 –8.9 –3.4 0.2 0.5 Guernsey 58.8 56.9 54.9 59.7 –3.3 –1.3 –5.5 2.4 1.2 4.3 Hong Kong SAR 166.6 161.8 197.6 203.8 –5.6 36.7 2.8 17.0 12.9 4.7 India 10.9 11.7 15.8 16.5 0.7 4.1 0.1 1.6 0.8 0.6 Ireland 488.8 456.6 337.1 322.2 –49.3 –15.0 –21.0 –1.9 –12.9 –26.8 Isle of Man 6.9 7.5 6.2 6.1 –0.2 –0.9 –0.9 0.0 –0.2 –0.3 Italy 150.7 152.6 151.2 166.6 –3.0 8.2 –1.7 5.1 –1.7 6.7 Japan 1,487.8 1,603.7 1,849.2 1,948.0 100.2 236.2 42.8 112.5 –6.1 80.9 (JOM) ... ... ... ... ... ... ... ... ... ... (Others) 1,487.8 1,603.7 1,849.2 1,948.0 100.2 236.2 42.8 112.5 –6.1 80.9 Jersey 13.6 13.7 12.6 13.5 –1.0 –0.8 0.5 –0.3 –1.3 0.6 Luxembourg 354.7 334.2 279.2 284.9 –29.9 –21.6 2.3 –5.1 –14.0 –6.4 Macao SAR 8.0 11.4 15.0 19.3 3.3 3.8 0.9 0.2 –0.1 3.9 Malaysia 3.9 6.7 6.8 7.4 2.7 –0.1 –1.7 1.1 0.0 0.5 Mexico 3.6 4.1 3.9 4.2 0.5 –0.3 0.8 –0.7 –0.3 0.3 Netherlands 357.1 395.3 414.1 450.7 27.6 2.0 –31.0 12.0 0.8 20.3 Netherlands Antilles 13.0 10.5 – – –2.4 –0.5 –1.6 1.5 0.0 ... Norway 33.7 41.8 43.2 49.6 7.1 2.1 –0.4 5.6 –0.7 5.1 Panama 16.1 15.8 18.2 18.4 –0.3 2.3 –0.4 2.2 0.3 0.2 Portugal 63.8 79.9 73.5 69.8 13.3 –0.6 –3.1 –1.6 –2.6 –7.7 Singapore 214.9 219.6 268.1 284.3 3.3 46.2 20.7 –0.4 14.5 12.9 South Africa ... 6.6 6.4 8.1 0.9 0.0 0.8 –1.0 –0.1 1.6 South Korea 43.2 45.5 46.1 49.4 2.1 0.8 –14.0 15.9 –3.5 3.0 Spain 240.2 274.1 219.0 229.8 24.6 –41.1 –18.0 1.7 –15.4 1.2 Sweden 106.7 98.8 99.5 103.8 –11.6 3.8 –1.7 –0.3 2.5 –0.0 Switzerland 162.4 152.5 172.1 183.6 –12.9 19.3 6.0 6.2 1.7 7.9 Turkey 1.9 1.9 2.5 2.6 –0.0 0.7 0.4 0.0 0.2 –0.0 United Kingdom 2,335.8 2,190.4 2,367.7 2,500.5 –198.4 157.5 –61.4 131.3 29.7 75.7 United States 653.7 723.2 837.6 892.7 27.3 116.3 21.2 36.8 20.5 51.8 (IBFs) 36.4 35.9 39.8 42.0 –0.8 4.0 0.5 1.4 1.5 1.9 (Others) 617.4 687.4 797.8 850.8 28.1 112.3 20.7 35.3 19.0 49.9 A 10 BIS Quarterly Review, September 2011
  • 11. Table 2B: External positions of banks in all currencies vis-à-vis the non-bank sector Individual reporting countries in billions of US dollars Amounts outstanding Estimated exchange rate adjusted changes Reporting countries Dec 2008 Dec 2009 Dec 2010 Mar 2011 2009 2010 Q2 2010 Q3 2010 Q4 2010 Q1 2011 Liabilities All countries 7,731.5 7,281.6 7,627.3 7,944.2 –515.7 427.4 24.4 239.0 35.2 158.4 Australia 134.2 76.8 47.3 46.5 –7.4 –25.8 –5.1 0.8 –0.6 –1.3 Austria 64.6 66.6 62.6 71.2 0.3 –0.3 –1.2 2.3 –0.7 5.2 Bahamas 181.1 144.7 141.9 29.9 –37.9 –0.8 24.3 –35.5 15.2 –113.2 Bahrain 61.6 58.2 64.2 53.6 –3.9 6.6 –4.5 2.2 1.5 –11.1 Belgium 354.9 319.1 289.3 286.8 –49.5 –13.2 27.4 –25.9 –6.5 –16.2 Bermuda 1.6 1.8 1.9 2.1 0.1 0.1 0.2 –0.1 0.1 0.2 Brazil 4.4 2.3 2.3 2.6 –2.1 0.0 –0.0 –0.1 0.6 0.3 Canada 66.1 71.8 100.0 121.3 1.1 27.6 3.4 13.2 9.6 20.1 Cayman Islands 933.5 835.1 903.5 864.5 –99.0 69.6 –14.2 20.9 29.5 –40.0 Chile 5.3 8.9 6.5 7.8 3.6 –2.4 0.6 1.0 –1.2 1.3 Chinese Taipei 39.8 49.6 57.6 57.0 9.6 7.4 0.5 2.9 3.4 –0.8 Curacao ... ... 8.7 6.8 ... – ... ... – –2.0 Cyprus 23.4 24.8 33.0 35.5 1.0 9.0 1.6 2.9 2.0 1.5 Denmark 32.2 32.3 41.6 41.6 –0.8 10.0 0.5 8.3 –0.8 –2.0 Finland 9.8 16.8 28.2 51.5 6.8 4.0 0.6 2.9 2.3 21.5 France 147.3 139.1 140.7 155.7 –13.0 9.0 –5.5 15.4 –5.5 8.2 Germany 397.4 310.8 301.9 311.4 –48.5 7.5 15.7 7.9 –39.8 –5.1 Greece 61.6 48.1 30.9 37.2 –14.3 –14.2 –10.1 –3.3 0.2 4.7 Guernsey 63.0 55.3 62.4 64.5 –10.0 1.6 2.3 –1.3 –0.2 1.3 Hong Kong SAR 163.1 174.5 189.8 198.3 10.4 16.7 2.1 7.7 8.7 7.1 India 52.0 68.1 80.3 80.7 13.9 10.4 1.5 8.0 –0.7 –0.1 Ireland 180.0 150.3 157.9 153.9 –37.0 –2.7 –9.6 –11.3 –7.2 –9.6 Isle of Man 49.4 46.5 41.6 41.2 –6.3 –3.5 –1.9 –0.7 –1.3 –1.4 Italy 57.4 64.0 58.2 68.8 4.4 –1.7 –0.6 4.4 –6.5 7.0 Japan 260.4 230.6 307.6 354.1 –30.1 69.8 16.7 52.8 –7.4 46.5 (JOM) ... ... ... ... ... ... ... ... ... ... (Others) 260.4 230.6 307.6 354.1 –30.1 69.8 16.7 52.8 –7.4 46.5 Jersey 135.8 106.9 86.2 89.6 –34.6 –17.3 –13.1 –2.8 0.3 1.4 Luxembourg 170.9 173.5 143.4 154.3 –2.5 –2.3 1.6 5.9 0.9 4.5 Macao SAR 9.8 10.5 10.0 10.8 0.6 –0.3 0.0 –0.1 0.8 0.6 Malaysia 10.4 13.9 15.7 16.1 3.3 0.7 0.1 1.1 0.0 0.1 Mexico 0.7 0.9 1.4 2.1 0.2 0.4 –0.0 0.7 –0.2 0.7 Netherlands 249.0 266.3 298.7 315.0 11.5 35.8 5.6 25.2 4.2 7.2 Netherlands Antilles 11.6 11.7 – – 0.2 –2.9 0.1 –0.5 1.0 ... Norway 19.1 19.5 21.1 24.7 –0.8 2.0 0.9 1.2 1.3 2.7 Panama 12.1 15.8 16.7 17.1 3.7 0.9 0.2 0.8 0.4 0.4 Portugal 29.1 33.7 26.3 25.5 3.4 –4.9 –7.2 –2.0 –0.4 –2.1 Singapore 262.2 269.4 274.0 286.2 3.8 5.5 –5.0 7.7 2.7 8.4 South Africa ... 6.2 5.5 4.7 0.5 –0.5 –0.5 0.7 –0.3 –0.7 South Korea 4.4 6.9 4.2 5.1 2.5 –2.7 –1.0 0.4 –0.8 0.8 Spain 101.4 97.6 192.9 212.7 –6.3 100.3 3.0 31.7 61.8 9.1 Sweden 34.1 28.4 32.8 41.7 –8.0 4.2 1.6 –1.2 0.1 7.1 Switzerland 509.7 483.0 457.9 473.6 –37.2 –16.8 2.3 3.0 –7.8 4.9 Turkey 5.9 7.2 7.7 7.5 1.1 0.9 –0.7 1.1 –0.6 –0.4 United Kingdom 1,817.2 1,874.8 1,997.4 2,131.3 0.1 122.8 –8.6 84.3 –12.8 86.9 United States 1,004.1 859.4 875.8 981.5 –148.7 16.8 0.3 6.6 –10.2 104.9 (IBFs) 45.8 26.6 20.5 23.0 –19.2 –6.1 –2.0 –3.7 –1.8 2.4 (Others) 958.2 832.8 855.3 958.5 –129.5 23.0 2.3 10.3 –8.4 102.5 BIS Quarterly Review, September 2011 A 11
  • 12. Table 2C: External positions of banks in foreign currencies vis-à-vis all sectors In individual reporting countries in billions of US dollars Amounts outstanding Estimated exchange rate adjusted changes Reporting countries Dec 2008 Dec 2009 Dec 2010 Mar 2011 2009 2010 Q2 2010 Q3 2010 Q4 2010 Q1 2011 Assets All countries 18,265.6 17,292.8 17,622.0 18,350.3 –1,302.3 580.5 –23.0 433.5 –82.2 436.5 Australia 171.6 134.6 140.6 148.0 –43.7 11.8 25.1 –7.2 7.2 5.1 Austria 155.7 127.2 122.2 136.0 –30.7 –6.7 –7.7 2.1 –4.2 11.7 Bahamas 514.4 436.2 487.9 519.4 –81.0 52.3 21.3 –16.1 –12.0 30.1 Bahrain 203.9 179.6 176.4 157.3 –25.8 –1.2 –10.6 0.4 5.9 –21.0 Belgium 313.0 239.6 215.3 226.2 –77.4 –25.0 4.0 –8.3 –13.5 8.6 Bermuda 9.7 8.8 10.9 10.4 –1.0 2.2 0.5 –0.1 1.1 –0.6 Brazil 56.2 48.5 69.3 77.1 –7.7 20.2 4.8 –0.1 10.6 7.1 Canada 280.6 318.2 351.1 347.4 36.6 34.2 6.8 –0.7 6.8 –5.3 Cayman Islands 1,799.1 1,755.8 1,761.6 1,781.8 –46.1 10.7 1.1 5.0 37.2 15.6 Chile 6.4 6.2 5.9 7.4 –0.2 –0.3 –0.7 –0.1 0.7 1.6 Chinese Taipei 168.8 186.9 203.2 205.6 17.3 16.7 –4.3 7.9 6.2 1.3 Curacao ... ... 19.9 18.3 ... – ... ... – –2.1 Cyprus 38.7 37.0 35.2 36.5 –2.3 –1.9 1.8 –3.3 1.8 1.0 Denmark 200.4 172.4 154.5 158.6 –32.0 –11.1 –14.2 13.3 –22.4 –2.9 Finland 63.3 80.7 146.8 175.6 17.0 23.9 –2.7 19.7 21.5 25.5 France 799.6 755.2 801.2 822.5 –59.6 41.9 –23.2 62.1 –23.8 15.3 Germany 959.9 872.6 745.7 736.2 –99.8 –105.7 –63.3 5.1 –6.1 –14.4 Greece 51.5 51.2 39.2 39.9 –1.3 –2.5 –1.2 0.1 –0.9 0.1 Guernsey 199.6 160.0 149.9 159.9 –37.9 –8.0 –1.8 7.6 –9.7 7.1 Hong Kong SAR 713.1 675.2 760.5 776.2 –41.6 83.5 –21.5 50.0 41.5 9.6 India 23.0 22.0 27.6 31.3 –1.2 5.8 –0.9 4.9 –1.9 3.2 Ireland 469.5 495.2 365.7 338.7 –1.8 –30.3 –11.3 –9.4 –14.6 –32.8 Isle of Man 29.0 29.3 27.3 25.2 0.1 –1.4 0.3 –0.5 0.4 –2.6 Italy 87.8 70.5 71.4 72.5 –18.3 0.7 3.8 –2.9 –1.2 0.4 Japan 1,860.2 1,877.9 2,091.8 2,214.4 –6.8 246.0 68.4 122.9 –3.5 91.0 (JOM) 339.1 321.9 362.0 391.1 –17.2 40.1 10.1 32.6 5.8 29.1 (Others) 1,521.1 1,556.0 1,729.9 1,823.3 10.4 205.9 58.3 90.3 –9.3 61.9 Jersey 277.1 222.2 218.8 231.9 –58.4 1.7 –12.7 –10.7 26.6 7.7 Luxembourg 311.5 255.9 224.8 237.2 –59.9 –29.2 –11.3 8.1 –7.7 10.0 Macao SAR 27.4 35.1 44.9 48.8 7.1 10.9 3.2 3.5 1.6 2.2 Malaysia 23.1 26.8 33.1 40.6 3.3 6.5 –1.2 4.3 –1.0 7.0 Mexico 21.3 16.7 20.0 21.3 –4.6 3.3 0.8 2.3 1.0 1.1 Netherlands 487.5 414.8 471.5 536.8 –80.7 48.2 –19.2 32.5 8.8 64.8 Netherlands Antilles 20.7 20.8 – – –0.1 –0.3 –0.8 0.5 0.4 ... Norway 92.0 91.1 87.8 103.7 –2.1 –1.3 17.6 –18.5 1.1 13.3 Panama 33.5 34.9 39.2 40.0 1.4 4.4 0.8 2.5 1.7 0.8 Portugal 24.7 23.8 22.8 22.7 –1.3 –0.8 0.7 –1.9 –2.9 –0.2 Singapore 794.2 746.8 824.8 870.0 –54.8 62.5 44.3 –1.2 –5.3 40.7 South Africa ... 33.0 33.8 30.8 1.8 5.9 –2.6 2.8 4.7 –3.4 South Korea 106.8 98.1 104.9 113.3 –9.2 7.0 –11.3 25.0 –10.4 7.6 Spain 196.2 195.1 179.5 188.7 –7.6 –13.6 –7.7 –0.6 –10.2 6.6 Sweden 295.4 292.6 306.0 329.8 –15.7 25.1 8.5 –2.8 –0.5 11.3 Switzerland 1,000.5 808.8 707.5 693.1 –213.9 –82.2 –39.5 –3.2 –10.9 –29.4 Turkey 47.8 42.6 29.5 31.4 –5.7 –12.0 –3.8 –0.6 –5.2 1.3 United Kingdom 5,006.8 4,859.4 4,954.0 5,237.5 –231.7 175.3 6.4 152.9 –118.3 142.8 United States 324.2 333.6 337.9 350.5 –24.9 13.2 30.2 –14.0 17.0 –0.5 (IBFs) 45.3 42.2 53.8 51.7 –3.4 11.8 8.9 8.6 –1.4 –3.7 (Others) 279.0 291.4 284.1 298.8 –21.5 1.4 21.3 –22.6 18.4 3.2 A 12 BIS Quarterly Review, September 2011
  • 13. Table 2C: External positions of banks in foreign currencies vis-à-vis all sectors In individual reporting countries in billions of US dollars Amounts outstanding Estimated exchange rate adjusted changes Reporting countries Dec 2008 Dec 2009 Dec 2010 Mar 2011 2009 2010 Q2 2010 Q3 2010 Q4 2010 Q1 2011 Liabilities All countries 17,335.4 16,639.3 16,726.7 17,371.6 –1,007.5 275.1 –237.0 461.8 –159.0 384.3 Australia 386.7 480.4 517.8 526.2 80.5 46.5 –23.9 45.9 10.7 2.7 Austria 97.6 84.5 72.4 85.0 –15.7 –14.2 –6.6 7.8 –15.4 11.8 Bahamas 518.3 442.4 484.3 516.0 –77.7 43.3 25.1 –25.2 –18.4 28.9 Bahrain 197.8 174.1 171.3 152.9 –25.4 –0.4 –9.0 1.7 4.0 –20.2 Belgium 263.6 236.8 215.0 223.9 –30.4 –22.7 0.4 8.9 –9.3 7.4 Bermuda 3.3 3.0 3.1 3.2 –0.3 0.2 0.1 –0.9 0.9 0.0 Brazil 81.7 67.7 103.5 121.1 –13.8 35.7 12.4 13.8 3.2 17.0 Canada 209.7 233.4 252.8 274.9 22.1 21.9 –22.2 9.6 15.3 20.5 Cayman Islands 1,803.2 1,771.1 1,795.4 1,819.5 –35.5 28.9 –0.6 10.5 42.2 20.2 Chile 12.0 13.6 11.2 14.5 1.6 –2.4 –2.3 0.4 0.5 3.3 Chinese Taipei 84.9 74.3 91.9 94.5 –10.9 17.7 4.5 6.9 3.5 2.3 Curacao ... ... 17.6 15.1 ... – ... ... – –3.0 Cyprus 34.6 31.2 32.1 35.0 –3.8 0.6 –0.4 0.0 0.6 2.7 Denmark 294.3 279.1 257.1 259.0 –23.8 –11.6 –19.6 7.6 –19.5 –7.4 Finland 78.0 106.3 170.2 208.5 26.4 15.8 7.2 2.4 20.6 35.1 France 950.2 897.6 913.4 910.8 –66.3 9.1 –72.4 61.5 –7.7 –7.1 Germany 878.1 810.6 828.2 822.0 –80.9 11.0 10.6 27.3 –22.7 –11.9 Greece 39.4 38.2 31.9 34.3 –1.4 –6.5 –5.6 1.7 0.6 2.3 Guernsey 171.1 125.9 118.3 126.6 –43.5 –11.6 –1.0 0.6 –7.2 6.1 Hong Kong SAR 436.2 418.4 517.1 535.2 –20.7 99.2 6.2 32.9 40.7 13.7 India 35.0 39.6 44.6 46.5 4.1 5.1 0.7 3.2 –0.4 1.6 Ireland 537.9 424.2 269.6 242.7 –133.0 –101.9 –16.7 –32.3 –41.9 –31.1 Isle of Man 23.5 23.4 21.3 19.3 –0.3 –1.6 0.5 –0.7 0.0 –2.3 Italy 122.4 106.4 95.2 95.6 –17.4 –11.8 –23.8 19.7 –14.8 0.0 Japan 560.8 645.0 771.4 826.0 78.8 134.8 30.3 91.9 –0.0 48.7 (JOM) 154.2 148.2 162.4 172.2 –6.0 14.2 –11.2 30.9 6.1 9.8 (Others) 406.6 496.8 609.0 653.7 84.8 120.5 41.5 61.0 –6.2 39.0 Jersey 260.9 223.5 197.6 213.3 –41.4 –20.9 –11.5 3.0 –9.7 10.8 Luxembourg 214.2 191.2 163.1 173.1 –26.4 –6.8 –8.6 12.3 1.8 8.5 Macao SAR 14.3 20.3 27.9 30.3 5.6 8.2 2.0 2.3 2.3 1.4 Malaysia 28.8 27.0 27.1 31.0 –2.0 0.2 0.7 0.7 1.3 3.6 Mexico 9.9 9.5 15.5 20.5 –0.4 6.0 0.6 2.1 2.2 5.0 Netherlands 654.6 646.8 678.0 745.0 –21.6 26.2 –37.4 63.2 –15.7 61.0 Netherlands Antilles 20.9 19.2 – – –1.9 –1.2 2.4 –2.3 0.8 ... Norway 144.4 149.6 126.3 141.2 3.2 –19.6 7.4 –20.3 –0.2 11.7 Panama 27.0 26.3 30.3 31.1 –0.6 4.0 1.1 3.0 1.0 0.7 Portugal 30.2 29.4 27.8 28.1 –1.1 –1.4 –4.3 1.7 –0.6 0.3 Singapore 795.4 740.4 838.3 877.3 –63.5 103.1 54.2 –3.5 12.5 29.1 South Africa ... 23.9 19.9 18.1 1.8 1.1 –1.3 1.4 1.8 –2.1 South Korea 195.1 207.8 197.7 216.1 12.1 –11.9 –3.8 3.8 –17.1 17.6 Spain 254.8 262.1 169.0 147.8 0.1 –91.5 –64.3 15.9 –41.7 –22.4 Sweden 339.9 394.6 391.3 438.6 4.7 7.0 16.7 8.9 –25.7 34.7 Switzerland 939.4 799.5 713.8 691.7 –163.3 –64.3 –9.0 –20.1 –22.4 –38.2 Turkey 44.1 41.0 57.7 64.4 –3.6 17.7 5.3 2.4 7.0 5.2 United Kingdom 5,250.6 5,084.1 5,052.1 5,285.2 –242.2 61.7 –97.4 107.4 –26.3 98.7 United States 290.5 215.9 186.7 210.5 –79.4 –27.4 16.3 –15.4 –16.1 17.6 (IBFs) 62.0 49.2 45.5 50.8 –13.1 –3.1 6.2 0.6 0.4 3.9 (Others) 228.5 166.7 141.2 159.8 –66.3 –24.3 10.1 –16.0 –16.4 13.7 BIS Quarterly Review, September 2011 A 13
  • 14. Table 2D: External positions of banks in foreign currencies vis-à-vis the non-bank sector In individual reporting countries in billions of US dollars Amounts outstanding Estimated exchange rate adjusted changes Reporting countries Dec 2008 Dec 2009 Dec 2010 Mar 2011 2009 2010 Q2 2010 Q3 2010 Q4 2010 Q1 2011 Assets All countries 6,846.6 6,676.2 6,961.3 7,228.2 –279.7 377.5 –41.6 295.8 –29.5 155.5 Australia 59.8 43.9 45.5 48.5 –15.4 4.9 1.0 0.3 2.9 2.3 Austria 61.3 51.9 55.0 59.2 –10.2 2.3 –2.2 6.8 –2.9 3.3 Bahamas 30.4 21.5 24.1 20.5 –9.1 2.7 26.2 –24.9 –3.0 –3.9 Bahrain 124.1 109.3 98.3 93.2 –15.2 –10.1 –4.2 –2.1 –1.1 –5.9 Belgium 132.7 96.3 79.8 82.5 –39.5 –16.1 1.5 –5.9 –9.8 0.7 Bermuda 2.2 2.3 3.1 3.5 0.0 0.8 0.1 0.1 0.4 0.4 Brazil 6.0 0.7 4.8 6.5 –5.2 4.1 0.1 –1.3 2.0 1.6 Canada 105.7 105.9 132.1 122.6 –0.0 26.5 4.5 1.9 13.5 –9.9 Cayman Islands 502.7 452.4 433.0 383.0 –50.9 –18.8 2.2 32.6 –22.4 –50.6 Chile 1.5 2.2 3.1 2.8 0.6 0.9 –1.5 0.9 0.4 –0.3 Chinese Taipei 97.4 116.0 136.7 144.2 18.3 21.0 1.2 8.3 6.7 6.8 Curacao ... ... 10.1 9.6 ... – ... ... – –0.6 Cyprus 14.0 13.5 11.4 13.4 –0.7 –2.3 0.1 –3.3 1.2 1.8 Denmark 47.0 49.6 49.8 45.5 1.4 2.0 –6.1 9.5 –1.3 –6.4 Finland 6.6 5.1 18.7 30.3 –1.5 4.0 –2.4 –0.3 5.9 11.1 France 294.1 275.6 302.0 323.2 –21.2 24.5 –0.6 31.4 –21.8 19.3 Germany 424.3 397.9 339.4 339.5 –30.5 –54.7 –21.4 –6.7 –13.9 –1.8 Greece 15.6 16.2 8.0 9.0 0.5 1.4 0.9 –0.0 0.0 0.9 Guernsey 54.7 52.0 48.4 53.2 –2.9 –3.1 –5.7 1.9 1.1 4.5 Hong Kong SAR 148.9 142.3 173.4 177.1 –7.5 32.0 2.0 14.7 11.9 2.2 India 9.1 10.0 14.0 14.9 0.9 4.0 0.1 1.5 0.8 0.8 Ireland 244.7 245.3 172.6 166.7 –10.1 1.2 –11.8 –1.8 –7.1 –8.1 Isle of Man 1.5 1.8 1.5 1.5 0.2 –0.2 –0.0 –0.1 –0.0 –0.1 Italy 22.2 17.8 18.5 18.5 –5.0 0.7 –0.7 –0.6 –1.0 –0.1 Japan 1,231.7 1,367.4 1,518.4 1,613.6 115.8 177.0 33.3 94.0 –19.5 70.5 (JOM) ... ... ... ... ... ... ... ... ... ... (Others) 1,231.7 1,367.4 1,518.4 1,613.6 115.8 177.0 33.3 94.0 –19.5 70.5 Jersey 7.6 5.9 5.1 5.5 –1.9 –0.7 0.0 0.2 –0.7 0.3 Luxembourg 127.1 111.1 97.3 96.0 –17.5 –12.2 –5.3 –0.2 –4.6 –2.1 Macao SAR 7.8 11.2 15.0 19.2 3.3 3.8 0.9 0.2 –0.1 3.9 Malaysia 1.4 3.7 4.1 4.5 2.2 0.4 –0.7 0.9 –0.1 0.4 Mexico 3.3 2.9 2.9 3.2 –0.4 –0.1 0.9 –0.8 –0.2 0.4 Netherlands 153.1 165.4 179.9 194.3 9.6 5.9 –12.4 3.5 11.4 13.2 Netherlands Antilles 13.0 10.5 – – –2.4 –0.5 –1.6 1.5 0.0 ... Norway 31.8 39.1 40.6 46.8 6.8 2.1 –0.2 5.5 –0.7 5.0 Panama 16.1 15.8 18.2 18.4 –0.3 2.3 –0.4 2.2 0.3 0.2 Portugal 6.3 5.5 5.3 5.1 –0.8 –0.1 0.3 –0.2 –0.4 –0.2 Singapore 214.9 219.6 268.1 284.3 3.3 46.2 20.7 –0.4 14.5 12.9 South Africa ... 4.3 3.6 5.7 1.6 –0.1 0.1 –0.1 –0.1 2.0 South Korea 43.2 45.5 46.1 49.4 2.1 0.8 –14.0 15.9 –3.5 3.0 Spain 85.0 95.9 87.5 89.4 8.5 –7.5 –4.3 1.1 –5.7 0.5 Sweden 95.7 86.1 83.1 86.7 –11.7 1.0 –2.9 3.1 1.2 0.4 Switzerland 134.7 126.3 142.2 152.1 –10.4 18.3 6.5 3.8 2.2 7.0 Turkey 1.8 1.7 2.3 2.4 –0.1 0.6 0.4 –0.1 0.2 0.0 United Kingdom 2,157.6 2,009.3 2,145.2 2,266.3 –180.4 116.7 –51.8 105.5 9.0 70.2 United States 108.1 119.5 113.1 116.5 –4.3 –4.4 5.6 –2.9 4.8 0.0 (IBFs) 5.0 6.8 8.2 8.6 1.5 1.5 0.1 1.8 –0.3 0.1 (Others) 103.1 112.7 104.9 107.9 –5.8 –5.8 5.5 –4.7 5.1 –0.1 A 14 BIS Quarterly Review, September 2011
  • 15. Table 2D: External positions of banks in foreign currencies vis-à-vis the non-bank sector In individual reporting countries in billions of US dollars Amounts outstanding Estimated exchange rate adjusted changes Reporting countries Dec 2008 Dec 2009 Dec 2010 Mar 2011 2009 2010 Q2 2010 Q3 2010 Q4 2010 Q1 2011 Liabilities All countries 4,959.3 4,661.1 4,911.2 5,038.3 –282.8 285.4 2.3 199.3 19.8 56.6 Australia 103.7 51.0 25.0 24.2 1.2 –23.4 –6.5 0.8 –0.6 –1.0 Austria 12.9 13.5 12.1 14.5 0.5 –1.6 –0.3 1.0 –2.7 2.3 Bahamas 181.1 144.7 141.9 29.9 –37.9 –0.8 24.3 –35.5 15.2 –113.2 Bahrain 61.6 58.2 64.2 53.6 –3.9 6.6 –4.5 2.2 1.5 –11.1 Belgium 108.5 77.7 73.5 72.2 –36.3 –4.6 7.0 –3.6 –6.6 –2.0 Bermuda 1.5 1.7 1.8 2.0 0.1 0.2 0.2 –0.1 0.1 0.2 Brazil 4.4 2.0 2.2 2.5 –2.3 0.2 –0.0 –0.0 0.6 0.3 Canada 48.5 47.5 75.9 103.2 –1.8 28.8 2.7 13.5 8.4 26.8 Cayman Islands 933.4 835.1 903.4 864.5 –99.0 69.6 –14.2 20.9 29.5 –40.0 Chile 5.2 8.6 6.0 7.4 3.5 –2.6 –0.4 2.1 –1.6 1.4 Chinese Taipei 33.7 42.7 50.2 48.2 8.9 7.6 –0.7 2.0 5.6 –2.2 Curacao ... ... 8.7 6.8 ... – ... ... – –2.0 Cyprus 15.0 13.8 18.3 19.2 –1.3 4.6 –0.2 2.5 1.3 0.8 Denmark 27.5 27.3 35.4 34.4 –0.9 8.2 0.7 8.9 –2.7 –2.4 Finland 2.7 4.1 15.7 24.4 1.4 8.8 2.7 1.8 4.2 8.2 France 50.9 44.4 45.1 40.6 –7.2 0.9 –2.8 13.7 –7.4 –4.8 Germany 125.6 76.8 72.9 74.7 –21.5 –4.2 8.8 0.5 –14.8 1.4 Greece 15.4 13.6 7.2 8.1 –1.9 –6.4 –3.1 –0.3 –0.1 0.9 Guernsey 45.4 38.2 46.5 48.5 –7.3 2.3 2.2 –0.3 0.1 1.6 Hong Kong SAR 126.0 130.9 143.9 154.1 3.8 14.4 1.3 3.1 9.6 8.7 India 17.7 24.3 27.1 27.4 6.2 3.0 0.4 2.2 0.2 0.1 Ireland 104.2 87.7 79.2 78.5 –20.5 –6.8 –4.1 –6.8 5.6 –1.7 Isle of Man 18.1 13.8 12.3 11.8 –4.3 –1.2 0.1 –0.5 –0.5 –0.7 Italy 5.5 4.6 5.0 6.1 –1.0 0.5 0.5 –0.3 –0.6 1.1 Japan 177.4 161.1 227.6 277.3 –18.1 68.5 15.2 49.9 –7.2 48.1 (JOM) ... ... ... ... ... ... ... ... ... ... (Others) 177.4 161.1 227.6 277.3 –18.1 68.5 15.2 49.9 –7.2 48.1 Jersey 84.5 58.5 47.6 49.8 –26.5 –9.5 –7.3 –0.9 0.7 1.3 Luxembourg 54.3 53.1 51.4 52.6 –2.2 –4.1 –2.3 2.5 0.6 0.8 Macao SAR 9.4 10.2 9.6 10.4 0.6 –0.3 –0.1 –0.1 0.8 0.6 Malaysia 2.9 4.0 3.4 3.8 1.0 –0.6 –0.2 0.1 0.1 0.4 Mexico 0.5 0.7 1.2 2.0 0.2 0.5 0.0 0.6 –0.2 0.8 Netherlands 135.7 152.0 164.6 182.8 14.2 11.5 –3.7 13.9 2.0 17.2 Netherlands Antilles 11.6 11.7 – – 0.2 –2.9 0.1 –0.5 1.0 ... Norway 13.3 12.4 14.0 17.5 –1.1 2.0 1.1 0.6 0.7 2.9 Panama 12.1 15.8 16.7 17.1 3.7 0.9 0.2 0.8 0.4 0.4 Portugal 4.6 5.5 4.0 3.4 0.8 –1.5 –3.0 0.3 –0.0 –0.6 Singapore 262.2 269.4 274.0 286.2 3.8 5.5 –5.0 7.7 2.7 8.4 South Africa ... 2.9 1.5 1.6 1.0 –0.9 –0.1 0.2 –0.0 0.1 South Korea 4.4 6.9 4.2 5.1 2.5 –2.7 –1.0 0.4 –0.8 0.8 Spain 33.5 31.6 34.1 29.7 –2.4 2.6 –0.2 4.2 –0.4 –4.4 Sweden 23.0 15.8 17.3 24.3 –7.8 2.3 –2.8 3.0 –0.8 6.1 Switzerland 471.4 441.5 408.3 423.5 –39.0 –20.1 –3.1 3.8 –6.4 5.7 Turkey 4.7 5.6 5.7 5.7 0.8 0.4 –0.1 0.5 –0.8 –0.2 United Kingdom 1,559.1 1,607.7 1,726.3 1,858.7 21.5 135.3 –2.4 86.3 –14.8 92.9 United States 46.4 32.6 26.5 29.9 –14.4 –5.6 2.8 –1.7 –2.1 2.6 (IBFs) 8.2 4.9 5.2 6.1 –3.3 0.3 0.9 0.3 –0.3 0.7 (Others) 38.2 27.7 21.3 23.8 –11.1 –6.0 1.9 –1.9 –1.8 1.8 BIS Quarterly Review, September 2011 A 15
  • 16. Table 3A: External loans and deposits of banks in all currencies vis-à-vis all sectors In individual reporting countries in billions of US dollars Amounts outstanding Estimated exchange rate adjusted changes Reporting countries Dec 2008 Dec 2009 Dec 2010 Mar 2011 2009 2010 Q2 2010 Q3 2010 Q4 2010 Q1 2011 Loans All countries 22,902.5 21,661.1 22,031.3 22,979.0 –1,717.0 931.2 208.3 355.9 –59.6 445.9 Australia 88.9 100.9 106.0 118.9 –1.0 5.6 2.6 3.2 5.4 11.2 Austria 339.8 316.3 270.9 308.2 –34.8 –30.8 –1.2 –17.6 –23.8 23.7 Bahamas 497.1 424.5 474.1 505.6 –75.3 50.2 20.2 –16.0 –12.0 30.2 Bahrain 203.9 179.6 176.4 157.3 –25.8 –1.2 –10.6 0.4 5.9 –21.0 Belgium 636.2 563.5 511.8 517.7 –87.5 –26.6 20.2 –23.4 –1.4 –16.2 Bermuda 3.6 3.8 5.3 4.8 0.2 1.5 0.4 –0.4 1.1 –0.6 Brazil 34.8 32.9 37.8 43.9 –2.1 4.2 3.4 –1.1 6.8 5.5 Canada 301.4 370.8 380.8 379.3 58.0 7.1 –3.4 –4.1 –4.7 –5.2 Cayman Islands 1,561.3 1,587.7 1,620.2 1,635.8 23.5 36.9 29.9 3.5 31.6 11.6 Chile 3.4 5.2 5.0 6.2 1.8 –0.3 –0.7 –0.1 0.1 1.2 Chinese Taipei 86.6 84.0 88.2 86.7 –3.0 3.9 –1.9 2.1 2.3 –1.7 Curacao ... ... 19.9 18.3 ... – ... ... – –2.1 Cyprus 53.6 57.7 49.2 52.9 1.9 –6.5 15.6 –21.5 –2.7 2.2 Denmark 192.2 164.1 159.9 164.5 –31.7 2.4 –10.7 20.7 –14.9 –3.0 Finland 104.8 112.6 115.1 155.9 6.0 14.4 4.0 1.2 23.0 36.0 France 1,472.3 1,425.8 1,496.5 1,603.3 –83.7 138.0 –57.5 108.1 9.3 40.8 Germany 2,310.6 2,096.9 1,809.0 1,839.1 –250.5 –83.0 24.9 –52.9 –20.6 –46.2 Greece 122.5 161.0 115.3 113.6 32.9 –27.0 1.9 –14.8 –21.3 –7.5 Guernsey 190.1 148.5 147.4 153.6 –43.6 1.3 1.6 5.5 0.6 3.4 Hong Kong SAR 547.8 501.3 572.4 593.7 –48.7 69.8 –9.5 42.5 36.2 17.1 India 22.9 21.9 27.7 31.1 –1.3 5.9 –0.8 4.9 –1.9 3.0 Ireland 492.3 467.5 459.8 443.1 –49.3 19.9 11.8 4.6 –15.7 –33.3 Isle of Man 81.7 81.2 74.0 73.1 –6.5 –4.7 –1.9 0.0 –0.9 –2.7 Italy 300.1 251.0 250.2 275.6 –56.3 14.1 6.8 –0.6 5.4 11.4 Japan 1,133.7 871.6 1,028.9 1,091.8 –262.0 116.2 53.3 29.1 28.0 63.1 (JOM) 629.1 522.1 590.0 630.9 –102.8 41.9 3.3 30.9 9.1 45.7 (Others) 504.6 349.5 438.9 460.9 –159.2 74.3 50.1 –1.9 18.9 17.3 Jersey 377.1 296.6 245.2 260.9 –94.3 –43.3 –18.0 –15.7 –10.6 9.5 Luxembourg 690.2 619.1 530.8 573.3 –86.5 –5.7 6.2 17.5 –7.9 17.7 Macao SAR 24.6 31.9 42.0 45.8 6.7 11.1 3.3 3.2 2.0 2.3 Malaysia 19.0 21.7 29.2 36.1 2.4 7.3 –2.2 5.4 –0.4 6.5 Mexico 20.7 15.4 13.1 11.5 –5.5 –2.4 0.5 1.2 –0.5 –1.8 Netherlands 794.8 699.8 707.7 807.1 –115.9 10.9 –42.7 56.1 –25.9 74.9 Netherlands Antilles 20.7 20.8 – – –0.1 –0.3 –0.8 0.5 0.4 ... Norway 75.7 65.6 64.2 79.9 –12.2 –0.1 22.2 –23.4 0.5 13.7 Panama 25.3 25.8 29.2 29.4 0.6 3.4 0.6 2.0 1.9 0.1 Portugal 83.9 88.9 85.1 86.2 2.6 1.5 1.3 –0.4 –4.1 –3.1 Singapore 701.1 688.6 791.1 835.7 –19.9 88.4 31.3 1.3 30.3 40.4 South Africa ... 26.0 30.9 26.3 0.2 4.2 –1.4 2.1 2.9 –4.6 South Korea 80.1 74.3 81.4 83.5 –6.1 7.4 –12.2 20.9 –3.6 1.6 Spain 347.0 335.8 300.8 328.2 –20.6 –16.2 –2.6 –14.3 9.8 12.2 Sweden 204.9 211.3 228.9 258.4 –3.4 22.8 9.7 –4.7 –3.8 19.5 Switzerland 1,030.2 826.0 736.2 716.2 –226.4 –78.9 –46.8 –2.0 –9.8 –35.2 Turkey 48.0 42.7 28.7 31.1 –5.8 –13.0 –4.7 –0.4 –5.2 1.9 United Kingdom 4,674.4 4,417.2 4,522.9 4,720.7 –387.9 182.7 79.2 90.5 –112.6 70.1 United States 2,903.0 3,123.3 3,562.3 3,674.9 194.0 439.9 87.1 142.8 41.5 99.6 (IBFs) 514.2 668.8 667.9 716.1 154.3 –0.7 –119.0 66.6 13.7 46.6 (Others) 2,388.8 2,454.5 2,894.4 2,958.8 39.7 440.6 206.1 76.2 27.8 53.0 A 16 BIS Quarterly Review, September 2011
  • 17. Table 3A: External loans and deposits of banks in all currencies vis-à-vis all sectors In individual reporting countries in billions of US dollars Amounts outstanding Estimated exchange rate adjusted changes Reporting countries Dec 2008 Dec 2009 Dec 2010 Mar 2011 2009 2010 Q2 2010 Q3 2010 Q4 2010 Q1 2011 Deposits All countries 24,467.4 23,113.4 23,271.9 24,271.4 –1,883.9 799.9 38.9 352.6 49.7 459.3 Australia 126.6 153.0 135.0 157.4 6.1 –20.6 1.5 –5.9 6.3 20.8 Austria 200.1 190.8 170.9 196.6 –16.0 –12.2 –2.8 5.1 –17.4 17.3 Bahamas 507.2 440.7 478.3 510.0 –68.2 39.4 15.3 –17.2 –10.9 29.0 Bahrain 197.8 174.1 171.3 152.9 –25.4 –0.4 –9.0 1.7 4.0 –20.2 Belgium 634.3 580.5 550.8 545.8 –67.5 –4.6 32.5 –10.3 11.4 –27.8 Bermuda 3.0 2.8 2.9 3.0 –0.2 0.1 0.0 –0.9 0.9 0.0 Brazil 63.5 54.1 80.7 92.3 –9.6 26.6 7.8 9.8 0.8 10.9 Canada 269.7 315.1 339.6 356.7 31.8 23.2 –25.3 12.3 23.2 13.0 Cayman Islands 1,628.9 1,639.3 1,693.0 1,719.6 7.6 56.4 19.7 6.1 43.0 23.5 Chile 8.8 11.8 8.6 11.2 3.1 –3.3 –1.2 –1.2 –0.2 2.6 Chinese Taipei 87.4 77.7 95.0 97.2 –10.1 16.5 6.5 6.9 1.8 2.0 Curacao ... ... 17.6 15.1 ... – ... ... – –3.0 Cyprus 72.9 95.3 80.8 84.1 18.7 –9.6 23.6 –39.6 2.0 0.1 Denmark 212.6 204.5 200.7 200.0 –13.9 5.4 –24.0 35.5 –26.6 –9.5 Finland 86.7 120.5 149.3 175.1 32.1 14.7 17.3 –28.4 42.5 20.2 France 1,872.3 1,724.4 1,727.4 1,800.8 –191.0 73.0 –93.6 128.6 –17.2 4.9 Germany 1,375.3 1,249.9 1,291.8 1,299.0 –162.6 113.7 92.6 1.3 –56.8 –53.6 Greece 152.9 160.7 109.8 118.3 3.3 –41.0 –26.7 –3.1 –8.8 3.4 Guernsey 197.3 149.9 133.3 142.2 –48.8 –13.4 –0.9 –0.7 –8.3 6.1 Hong Kong SAR 460.5 463.5 562.9 577.9 0.4 100.0 9.7 42.3 42.3 10.9 India 60.0 66.7 74.3 76.6 4.9 6.2 3.8 2.2 –0.7 1.8 Ireland 1,023.0 905.9 582.4 553.4 –153.4 –120.1 –25.0 –48.2 –78.7 –52.2 Isle of Man 59.8 61.7 55.0 53.8 –2.2 –4.9 –1.6 –0.8 –0.7 –2.4 Italy 651.0 609.5 592.7 651.5 –64.2 19.3 –14.0 31.2 –8.3 24.9 Japan 918.8 958.9 1,159.0 1,152.6 39.5 162.9 69.2 113.6 –5.4 –4.6 (JOM) 235.4 220.3 234.5 237.9 –13.7 5.1 –5.2 30.4 0.0 4.9 (Others) 683.4 738.6 924.6 914.7 53.1 157.8 74.3 83.2 –5.5 –9.5 Jersey 226.2 181.7 164.0 178.2 –41.9 –12.2 –15.7 –0.1 –11.9 9.9 Luxembourg 655.3 593.2 528.3 557.9 –75.2 –19.1 6.2 –7.1 8.1 5.2 Macao SAR 15.8 20.7 28.3 30.8 4.5 8.1 1.7 2.2 2.3 1.5 Malaysia 31.5 32.4 35.4 40.2 0.5 1.9 0.4 3.1 –0.4 4.3 Mexico 8.9 10.2 17.9 18.8 1.0 7.4 –0.8 3.5 3.6 0.7 Netherlands 834.6 822.1 819.2 872.4 –35.5 44.0 –1.1 17.7 –10.8 21.9 Netherlands Antilles 20.9 19.2 – – –1.9 –1.2 2.4 –2.3 0.8 ... Norway 113.1 137.5 123.3 137.7 14.3 –12.3 3.4 –16.6 3.4 9.8 Panama 20.8 21.2 20.6 21.4 0.4 –0.6 0.5 1.2 –0.2 0.9 Portugal 202.4 201.3 172.9 178.7 –6.7 –14.9 –13.0 –8.0 –0.9 –3.3 Singapore 665.7 640.4 762.9 801.9 –32.7 127.1 31.4 2.9 60.3 31.3 South Africa ... 19.5 21.1 18.6 1.1 0.7 –0.7 1.3 1.6 –2.3 South Korea 118.0 125.7 117.4 131.7 7.6 –9.8 –4.5 0.3 –8.8 14.0 Spain 686.5 716.8 670.9 712.2 5.7 –7.8 –51.0 32.4 8.6 5.2 Sweden 205.9 199.5 196.9 222.2 –21.6 –0.7 16.4 –13.3 6.6 17.6 Switzerland 1,030.8 892.1 826.7 804.5 –165.6 –54.2 –1.4 –24.3 –15.8 –41.2 Turkey 57.9 54.8 81.0 81.1 –3.7 28.0 8.2 4.3 10.2 –1.3 United Kingdom 5,162.7 4,731.5 4,728.8 4,880.1 –589.0 75.6 –17.7 30.2 –2.1 26.2 United States 3,540.1 3,282.4 3,493.1 3,840.1 –259.8 212.6 –1.4 85.1 57.2 340.7 (IBFs) 670.9 613.0 605.4 719.5 –58.2 –7.0 –47.6 11.3 11.8 112.7 (Others) 2,869.2 2,669.4 2,887.8 3,120.6 –201.6 219.6 46.2 73.8 45.4 227.9 BIS Quarterly Review, September 2011 A 17