Provisional international banking statistics, third quarter 2009

January 2010

Statistical commentary on provisional locational and consolidated banking statistics at end-September 2009 (PDF, 14 pages, 68 kb)

Banks' external claims continued to decline in the third quarter of 2009 (by 0.8%) but fell by less than in the previous three quarters. Claims in US dollars increased for the first time in one year. Brisk activity with non banks in emerging markets was balanced by reduced credit to non banks in developed countries. Banks' foreign currency claims on residents also declined.

Banks' consolidated foreign claims (which exclude inter-office business) decreased by an estimated $525 billion (1.7%) while the local claims in local currency of banks' foreign offices also fell, by $149 billion. On an ultimate risk basis, which takes into account net risk transfers across borrowing countries, the share of interbank credit in total foreign claims stabilised, after having fallen for five consecutive quarters.

Data for the third quarter of 2009 are provisional. Final data, with a detailed analysis of the recent trends, will be published in the forthcoming BIS Quarterly Review to be released on 1 March 2010.