BIS consolidated banking statistics for the third quarter of 2004

31 January 2005

Press release

The BIS is today releasing consolidated banking statistics for end-September 2004. These statistics provide an insight into the nature and extent of banks' foreign exposures, as well as supplementary information about countries' external indebtedness.

The first section highlights significant trends and structural breaks in the third quarter of 2004:

  • Credit to the non-bank private sector in the United States boosts overall claim growth
  • Credit to the non-bank private sector in emerging economies also picks up
  • Trends in local currency lending to emerging markets.

Detailed explanatory notes are included which define the terms used to present the statistics. Statistical tables follow the explanatory notes.

Questions arising from these statistics can be directed to Patrick McGuire (tel: +41 61 280 8921; e-mail: patrick.mcguire@bis.org), Paola Gallardo (tel: +41 61 280 8445; e-mail: paola.gallardo@bis.org or Bruno Allemann (tel: +41 61 280 8410; e-mail: bruno.allemann@bis.org).

The BIS expects to release consolidated banking statistics for the fourth quarter of 2004 no later than 30 April 2005.