Preliminary international banking statistics, second quarter 2011

Statistical commentary on preliminary locational and consolidated banking statistics at end-June 2011 (PDF, 13 pages, 192 kb)

Cross-border claims of BIS reporting banks declined by 0.6% ($185 billion) in the second quarter of 2011, after a moderate increase in the first quarter. The decline reflects a reduction in claims (mainly loans) on banks in developed countries (-$296 billion) and offshore centres (-$86 billion). Growth in bank claims on emerging market economies remained positive for the ninth consecutive quarter. The fall in overall cross-border claims was visible mainly in US dollar positions, while euro-denominated cross-border claims were almost unchanged.

Reporting banks' consolidated international claims adjusted for exchange rate movements declined slightly in the second quarter of 2011 (-0.5%), after a moderate increase of 1.6% in the previous quarter. Local claims in local currency increased somewhat.

Data for the second quarter of 2011 are preliminary. Final data, with a detailed analysis of recent trends, will be published in the forthcoming BIS Quarterly Review, to be released on 12 December 2011.