Template-Type: ReDIF-Article 1.0 Author-Name: Inaki Aldasoro Author-Name: Torsten Ehlers Title: Risk transfers in international banking Abstract: redit risk transfers shift a bank's country exposures from one counterparty country to another. Risk transfer patterns can shed light on how creditor banking systems assess and manage credit risks across counterparty countries. These patterns are closely linked to the business models and international footprint of global banks and corporates. Global banks have taken on more credit risks vis-a-vis some major emerging market economies - in particular in Asia. This points both to the enlarged international footprint of corporates and banks from these countries, and to the willingness of global banks to retain these country exposures on their balance sheets instead of seeking guarantees or hedging them. Journal: BIS Quarterly Review File-URL: http://www.bis.org/publ/qtrpdf/r_qt1712b.pdf File-Format: Application/pdf File-URL: http://www.bis.org/publ/qtrpdf/r_qt1712b.htm File-Format: text/html Year: 2017 Month: December Classification-JEL: Handle: RePEc:bis:bisqtr:1712b