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Joint News Release
Comptroller of the Currency
Federal Deposit Insurance Corporation
Federal Reserve Board
December 14, 1979
COUNTRY EXPOSURE LENDING SURVEY
International lending by United States banks with sizable foreign
banking operations, as of June 30, 1979, was very little increased in the
first half of 1979.
This was reported today by the Office of the
Comptroller of the Currency, the Federal Deposit Insurance Corporation, and
the Federal Reserve Board.
The report was based on a semi-annual survey
covering foreign offices of 128 U.S. banking organizations with significant
foreign banking operations.
The results concerned lending by the U.S. banks across borders
and lending In a currency other than that of the borrower.
If increased
activity of U.S. banks with the foreign offices of other U.S. banks is
deducted, the figures show virtually no net growth.
Cross-border and non-local currency lending to less developed
countries which are not members of OPEC increased slightly, from $52,2
billion to $54.4 billion.
However, this was offset by a decline In such
business with developed countries.
In addition, the survey indicated that
local currency lending to local borrowers by foreign offices of U,S. banks
increased $3 billion in the first six months of 1979, to a total of $61
billion.
Types of Loans
The survey concentrated on data involving lending from a bank's
offices in one country to residents of another country and lending in a
currency other than that of the borrowers.
These sre known as cross-border
and cross-currency loans.
Cross-border and cross-currency loans are those aost closely asio
-2-
clated with country risk. As shown in Tsble 1, such claims totaled $221 billion in June 1979. Claims on residents of Switzerland and the Croup of Ten
(G-10) developed countries represent 41 percent of thia total. Another 22
percent represents cla1ms on residents of "other developed countries" and
"offshore banking centers/1-
Claims on residents of developing countries
that are not members of OPEC comprise 25 percent of total claims.
In addition, the banks reported $61 billion in local currency claims
that were held by their foreign offices on residents of the country in which
the office was located*
An example would be Deutsche mark claim* on German
residents held by the German branch of the reporting U.S. bank*
To a large
extent, these local currency claims were matched by $51 billion in local
currency liabilities due local residents.
Miturities
More than two*thirds of the reported cross-border and cross-country
claims had a maturity of 1 year or leas.
maturity in excess of 5 years.
Only $17 billion in claims had a
Short-term claims are especially prominent
in the G-10 countries and the offshore banking centers where a large volume
of Interbank lending takes place*
Such placements of deposits are usually
for very short periods.
For most other groups of countries, short-term claims accounted for
slightly leas than half of the total claims* although the proportion varied
among countries.
Type of Borrower
Businesses with other banks accounted for the largest amount.
1/ Countries where multinational banks conduct a large international money
market business.
-3-
equaling $120 billion.
Most of the claims on banks were on those located
in the G-10 countries and the offshore banking centers*
Lending to the
private nonbank sector totaled $62 billion, and loans to the public sector
amounted to $39 billion,
This last category included foreign central banks,
and commercial nonbank enterprises owned by government.
The distribution by
type of borrower varied significantly from country to country.
Guarantees
Table II provides information on the cross-border and cross-currency
claims that are guaranteed by residents of another country.
Claims are reallo-
cated from the country of residence of the borrower to another country in two
major ways. First, claims on a bank branch located in one country where the
head office <s located In another country are allocated to the country of the
head office.
Since a branch is legally a part of the parent, claims on a
branch are treated as being guaranteed by the head office.
Second, claims
on a borrower in one country which are formally guaranteed by a resident of
another country are allocated to the latter country.
These reallocations are
thought to provide a better approximation of country exposure in the banks'
portfolios than the unadjusted figures.
The results of the reallocations appear in the last column of Table
II.
Mo it of the shifts are accounted for by the transfer of claims on branches
(and, where guaranteed, subsidiaries) of banks to their head offices ($44 billion out of $57 billion).
In general, the reallocations primarily affect the
offshore banking centers and some of the developed countries.
For example,
claims on the offshore banking centers decrease from $31 billion to $8 billion
and claims on the United Kingdom decrease from $36 billion to $19 billion.
For most lest developed countries, a relatively smtll portion of claims It
externally guaranteed. The total shovn for claims on foreigners by country
of guarantor Is about $196 billion, or, $25 billion less than the total for
claim* by country of borrower* This results from U.S. residents guaranteeing
about $29 billion in claims on foreign residents and foreigners guaranteeing
about $5 billion In claims on U.S. residents.
Commitments to Provide Fundt for Foreigners
The survey alto provides Information on contingent claims on foreigners. The banks were asked to report only those contingent claims where
the bank had a legal obligation to provide funds. As shown In Table 111,
the amounts total $68 billion, 77 percent of that total being on the private
sector, including banks. Table III alto adjuttt these commitments for
guarantees In the same manner at Table II does for claims.
TABLE 1 CROSS-BOft OCR AMD NON-LOCAL CURRENCY CLAIMS BY RESIDENCE OF BORROWER: JUNE
( I N MILLIONS OF DOLLARSJ
COUNT mr
TOTAL
CLAIMS
CLAIMS ON: —
OTHER
BANKS
PUBLIC
BORROWERS
PRIVATE
PAGE 1
1979
—MATURITY DIST. OF CLAIMS:
ONE YEAR
OVER ONE
OVER
5 YEARS
AND UNDER TO 5 YEARS
G-1O mB SWITZERLAND'
BiELGIIfJt~LUlEN80{JRG
CANADA
FRANCE
GERMANY* FEDERAL REPUBLIC OF
ITALY
JAPAN
NETHERLANDS
SWEDEN
SWITZERLAND
UNITED KINGDOM
TOTALS
6913.3
5612.8
9691.2
5319.4
4827.9
13500.2
3286.5
1995.7
25 99.4
36515.9
90262.7
6158.0
3503.1
7655.8
1997.8
2605.7
7461.5
2582.8
1010.2
1803.3
27820.5
62599.1
248.4
698.3
970.0
202,7
1428.8
153.8
14.2
348.?
90.0
1779.8
5934.9
506.8
1411.4
1065.3
3118.7
793.4
5884*8
689.4
636.7
706.0
6915.5
21728.6
6541.4
3993.1
7835.8
4104.2
3331.2
10531.9
2788.1
1076.8
2410.0
30466.8
73079.7
320.3
807.8
1434.8
1107.4
1184.4
2748.0
381.2
608.6
152.1
4470.3
13215.3
51.4
811.8
420.6
107.7
313.1
220.3
117.1
310.2
37.1
1578.7
3968.6
WON G - I O DEVELOPED COUNTRIES
AUSTRALIA
AUSTRIA
DENMARK
FINLAND
GREECE
ICELAND
IRELAND, REPUBLIC OF
NEW ZEALAND
NORWAY
PORTUGAL
SOUTH AFRICA
SPA I f f
TURKEY
OTHER
TOTALS
1533.4
1251.8
2153.4
1192.4
2028.0
75.8
854.1
322.3
2173.5
422.5
1661.2
3129.0
1415.9
263.0
18477.0
347.6
1084.3
610.9
339.0
293.2
18.9
216.2
34.4
260.7
263*0
456.3
941.8
1025.3
56.4
5948.5
214.5
110.1
605.5
299.7
635.4
31.9
352.8
82.8
231.8
115,1
519.7
669.?
303.5
47.0
4239* 8
971.3
57.4
937.0
553.6
1099.4
2:5.0
285.1
205.1
1680.8
44.3
685.1
1497.4
87..I
159.6
8288.7
701.9
590.7
119.1
793*2
460.5
746.1
36.6
309.2
139.0
944.1
70.9
623.6
1360.6
247.0
136.2
6577.5
240.7
1112.8
983.9
509.5
950.9
11.2
388.9
137.3
694.4
303.6
932.5
1351.2
1113.6
106.8
9299.3
EASTERN EUROPE
ALBANIA
BULGARIA
CZECHOSLOVAKIA
GERMAN DEMOCRATIC REPUBLIC
HUNGARY
POLAND
ROMANIA
U.S.S.R.
YUGOSLAVIA
TOTALS
6.0
683.0
175.0
1100.9
788.2
1514.9
287.5
815.4
1877.9
7250.0
6.0
400.0
136.3
677.4
226.2
749.0
134.4
563.1
949.0
3841.8
•0
246.7
29.4
322.1
546.9
585.8
138.2
204.6
258.7
2332.9
.0
37.0
9.3
101.3
15.0
179.9
14.9
47*6
670.%
1075.2
679.9
198.6
337.4
604*4
3033.9
.0
313.9
41.0
600.1
400.9
643.2
78.9
383.8
1035.4
3497.5
OIL EXPORTING COUNTRIES
ALGERIA
ECUADOR
GABON
INDONESIA
IRAN
IRAQ
KUWAIT
LIBYA
183O.4
1540.6
194.9
2262.7
2130.6
67.0
783.8
156.5
398.0
289.1
•0
383.3
857.5
31.0
566.5
143.5
1141.1
665.7
183.5
934.6
904.6
34.0
292.2
586.8
11.3
944.8
368.4
2.0
216.1
13.0
452.2
793.3
56.4
1155.1
919.8
41.0
726.2
156.5
1129.2
499.4
125.8
797.8
986.8
26.0
56.4
.0
1.0
.0
6.0
345.8
125.0
419.0
317.5
19.9
376.3
ZZ2.Z
331.9
28.0
157.4
45.9
534.8
47.9
105.0
417.1
55.3
19.9
2602.6
.0
24.0
9.0
81.7
69.7
191.7
10.0
94.1
237.7
718.1
249.9
246.8
12.5
309.7
223.9
•0
1.1
.0
TABLE 1 CROSS-BORDER AND NON-LOCAL CURRENCY CLAIMS BY RESIDENCE OF BORROWERS JUNE
1979
PAGE 2
U N MILLIONS OF DOLLARS2
CLAIMS ON: —
OTHER
PUBLIC
BORROWERS PRIVATE
—MATURITY DIST. OF CLAIMS:
OVER
OVER ONE
ONE YEAR
5 YEARS
AND UNDER TO 5 YEARS
TOTAL
CLAIMS
BANKS
657.5
218.7
1054.4
1133.1
7712.1
19792.6
92.0
34.3
355.4
460.0
1273.7
4904.6
531.8
124.9
39.7
478.2
3268.4
8308.0
32.9
59 o 5
659.2
224.8
3169.9
6581.3
166.1
68.8
805.7
742.5
5111.0
11197.0
310.6
96.1
207.1
359.4
2053.7
6648.9
178.7
53.7
41.5
81.1
547.3
1946.6
NON-OIL EXP DEV COUNTRIES-LAIIN AM E CARIBBEAN
3421.4
ARGENTINA
565.3
BOLIVIA
13606*9
BRAZIL
1740.9
CHILE
1559.4
COLOMBIA
460.9
COSTA RICA
377.4
DOMINICAN REPUBLIC
236.0
E l SALVADOR
244.1
GUATEMALA
275.8
HONDURAS
223.8
JAMAICA
10448.9
MEXICO
458.2
NICARAGUA
97.1
PARAGUAY
1487.0
PERU
72.2
TRINIDAD AMO TOBAGO
URUGUAY
193.6
561.4
OTHER
36031.0
TOTALS
1243.4
82.7
5043.5
643.9
550.8
48.5
45.4
43.0
6.8
54.4
13,0
2227.3
151.0
5.9
414.5
1.0
12.9
424.4
11013.1
1032.9
283. I
3394.8
668.3
401- ?
184.2
234.0
62.5
23.4
83.1
166.4
4329.5
204.9
43.8
842.1
46.0
96.7
43.1
12141.1
1145.0
199.4
5167.4
427*5
606.8
228.1
97.1
130.5
213.8
138.2
44.4
3892.1
102.2
47.3
230.4
26.2
83.9
93.8
12875.0
2022.5
300.2
4552.5
744.7
1016.0
246.9
156.7
169.0
122.1
144.6
90.3
4765.0
327.5
55.6
866.6
12,0
100.5
526.6
16220*2
1105.1
199.7
6712.2
787.0
449.8
141.7
154.3
50.2
120.1
75.8
122.3
4096.3
122.4
15.8
544.7
57.2
4 8.6
27.5
14831.4
293.7
65.3
2345.2
209.0
93.5
71.1
66.4
16.7
1.8
55.4
11.2
1591.0
8.2
25.7
75,6
3.0
44.4
7.3
4984.9
66.4
3455.2
206.6
934.6
154.3
4824.0
510.1
124.2
3101.0
31.8
1507.0
465.1
15380.6
24.9
1358.0
46.5
670*6
6.5
2818.4
60.4
29.5
1050.9
27.5
1154.9
113.4
7361.ft
33.0
905.7
79.2
221.4
131.8
50O.7
251.3
68. 1
746.3
.3
172.5
223.1
3333.8
8.5
1191.4
80.8
42.5
15.9
1504.8
198.3
26.6
1303.6
4.0
179.5
129.6
4685.9
56.0
2439.7
70.8
640.5
56.4
3564.6
120.3
99.2
1976.2
28.8
1276.0
221.9
10550.8
10.0
885.7
117.4
260.8
61.4
1033.1
221.6
24.5
628.6
3.0
185.2
207.4
3639.0
.4
130.4
18.4
33.1
36.4
226.1
168.2
•5
496.0
.0
45.7
35.8
1191.4
79.9
656.3
15.3
455.3
81.3
82.8
2.2
503.1
.0
57.8
61.6
88.4
3.0
328.1
28.4
67.1
16.0
64.8
12.3
69.2
52.7
7.0
28.6
572.5
14.3
184.3
51.2
39.1
47.0
68.9
1.0
235.0
27.1
36.8
COUNTRY
OIL EXPORTING COUNTRIES
NIGERIA
QATAR
SAUDI ARABIA
UNITED ARAB EMIRATES
VENEZUELA
TOTALS
NON-OIL EXP OEV COUNTRIES-ASIA
CHINA,MAINLAND
TAIWAN
INDIA
ISRAEL
JORDAN
KOREA* SOUTH
MALAYSIA
PAKISTAN
PHILIPPINES
SYRIA
THAILAND
OTHER
TOTALS
NON-OIL EXP DEV COUNTRIES-AFRICA
CAMEROON
EGYPT
GHANA
IVORY COAST
KENYA
MALAWI
.2
8.7
4.2
14.9
.0
35.9
3.0
6,6
TABLE I CftOSS-BOftOfR &N0 NON-LOCAL CURRENCY CLAIMS BY RESIDENCE OF BORROWER: JUNE
PAGE 3
1979
iin MILLIONS OF DOLLARS*
— •
TOTAL
CLAIMS
NON-OIL EKP 196V COUNTRIES-AFRICA
JVOROCO
SENEGAL
TUNISIA
XAIRE
ZAMBIA
OTHER
TOTALS
OFFSHORE BANKING CEHfTERS
BAHAMAS
BAHRAIN
BERMUDA
B R I T I S H WEST JNOIES
HONG KONG
LEBANON
LIBERIA
MACAO
NETHERLANDS ANTILLES
PANAMA
SINGAPORE
TOTAiS
INTERNATIONAL & REGIONAL ORGANIZATIONS
AFRICAN REGIONAL
ASIAN REGIONAL
E . EUROPEAN REGIONAL
INTERNATIONAL
LATIN AMERICAN REGIONAL
MlDOLE EASTERN REGIONAL
W. EUROPEAN REGIONAL
TOTALS
***•
•*
GRAND * « * *
TOTALS • *
554.8
-CLAIMS ON* —
OTHER
BANKS
PUBLIC
BORROWERS PRIVATE
69*0
2.9
12.0
5*1
l.T
7*0
39.3
709.2
439.3
76.1
156.7
166.0
185.4
129.0
131.7
1861.3
10757.2
1656.2
575.4
5049.1
3188.0
95.1
2196.5
10253.1
1789.7
25.5
24.0
13.0
4927.4
1645.3
32.8
24.0
8.7
l.T
54.4
463.6
3276.0
3266.4
30726.0
89.6
1855.6
2876.0
23508.9
282.4
58.6
559.7
«©. a
175.1
183.9
199.5
157.0
259.2
2991.0
2.0
2.0
3.0
2.4
.0
66.3
241.9
47.8
.0
6.3
•0
•0
•0
+20.4
52.7
.0
.0
.0
221331.7
119887.4
46.4
11.0
—f«ATURITY OIST. OF CLAIMS:
ONE YEAR
OVER OHE
OVER
AMD UNDER TO 5 YEARS 5 YEARS
68.8
5.1
5.5
26.0
25.1
106.1
25.0
111.9
32.2
106.9
97.0
113.6
1483.5
379.8
59.8
57.6
125.6
67.5
58.5
119*2
1284.2
24.3
221.2
10210.2
1801.8
381.5
4929«6
2362.0
69.1
635.8
2.0
285*8
2411.1
2890.2
25979.5
237.2
21.0
139.2
113.9
618.2
26.0
1016.5
•0
126.8
635.0
300.3
3235.4
310.1
32.4
54.6
5.6
207.7
.0
544.1
•0
50.9
229.8
75.9
1511.4
•0
•0
52.7
420.4
«0
.0
.0
•0
1.2
24.3
46.2
25.3
6.3
7.4
110.7
2*0
.0
41.1
96.1
19.0
.0
14.9
173.1
1.0
1.2
.9
99.6
3.5
.0
30.4
136.6
39132.2
62312*5
150954.9
53102.8
17281.7
.0
99m 2
.0
5.0
3.0
2.4
66,3
241.9
47.8
6.3
6.3
12.8
12.4
21.0
89.2
421.3
478.4
42.5
553.7
120.0
1488.2
62.3
2072.3
.0
368.9
1137.9
331.7
6656.3
.0
•0
.0
1.5
PAGE 1
TABLE I I CROSS-BORDER AN® WON-LOCAL CURRENCY CLAIMS ON FOREIGNERS BY COUNTRY OF GUARANTOR; JUNE 1 9 7 9
U N MILLIONS Of DOLLAR S I
COUNTRY
TOTAL CLAIMS
IBY RESIDENCES
CLAIMS GUARANTEED
BY RESIDENTS OF
OTHER COUNTRIES
ON BANKS ON OTHERS
TOTAL CLAIMS
LESS GUARANTEED
CLAIMS
CLAIMS ON RESIDENTS
OF OTHER COUNTRIES
GUARANTEED BY RESIDENTS
OF THIS COUNTRY
ON OTHERS
ON BANKS
TOTAL CLAIMS
BY COUNTRY OF
GUARANTOR
G-1O AMD SWITZERLAND
BELGIUM-LUXEMBOURG
CANADA
FRANCE
SERMAftY» FEDERAL REPUBLIC OF
ITALY
JAPAN
NETHERLANDS
SWEDEN
SWITZERLAND
UNITED KINGDOM
TOTALS
692 3*3
5612.B
96*91.2
5319.4
4827.9
13500.2
3266.5
1995,7
25^9.4
36515.9
90262.7
1849.1
112.0
965,7
278.0
153.0
311.7
224.9
3.2
132.9
18413.6
22444.3
195.2
245.7
134.8
308.6
252.5
150.3
228.8
32.1
270.7
1709.3
3528.9
4868.9
5255.0
3590.6
4732.8
4422.4
13038.2
2832.7
1960.4
2195.6
16392.4
64289.4
355.7
3570.3
2499.8
2993.2
820.7
5340.8
699.2
141.3
1204.7
1612.0
19236.0
391.6
535.5
626.0
763 • 1
220.6
1536.7
226.6
174.0
419.8
789.6
5684.0
5616.4
9360.9
11716.5
8489.2
5463.7
19915.9
3758.6
2275.7
3820.1
16794.0
89211.5
NON G-1G DEVELOPED COUNTRIES
AUSTRALIA
AUSTRIA
DENMARK
FINLAND
GREECE
ICELAND
IRELAND, REPUBLIC OF
MEW ZEALAND
NORWAY
PORTUGAL
SOUTH AFRICA
SPAIN
TURKEY
OTHER
TOTALS
1533.4
1251.8
2153.4
1192.4
2026.0
75.8
B54.1
322.3
2173.5
422.5
1661.2
3129.0
14L5.9
263.0
18477.0
32.4
120.0
4*0
58.0
56.0
• 0
29.9
9.5
.0
•6
66.3
5.0
32.0
28.0
442.8
78.6
3.6
47.8
8.0
147.7
•0
74.6
12.4
166.2
7.3
76.6
181.2
65.6
80.1
950.2
1422.3
1128.2
2101.6
1126.4
1824.3
75.8
749.6
300*4
2007.2
414.6
1518.1
2942.8
1318.3
154.9
17085.0
256.7
24.7
137.4
40.8
118.3
1.0
125.1
41.0
55.5
70.0
21.1
444.8
.0
.0
1336.7
50.2
51.8
73.6
46.9
127.0
•0
48.0
3.7
67.6
8.0
20.1
21.8
2.4
.5
521.9
1729.2
1204.8
2312.6
1214.1
2069.7
76.8
922.7
345.3
2130.5
492.6
1559.3
3409.5
1320.7
155.4
18943.7
EASTERN EUROPE
ALBANIA
BULGARIA
CZECHOSLOVAKIA
GERMAN DEMOCRATIC REPUBLIC
HUNGARY
POLAND
ROMANIA
U.S.S.R.
YUGOSLAVIA
TOTALS
6.0
683*8
175.0
1100.9
788.2
1514.9
287,5
815,4
1877,9
7250.0
•0
14.0
1.8
31.6
7.3
88«0
4.0
73.0
13.5
233.2
.0
1.0
.0
3.0
.0
84.2
1.4
4.6
138.8
233.1
6.0
668.8
173.2
1066.3
780.9
1342.6
282.1
737.8
1725.6
6783.6
.0
.0
33.0
77.0
5.0
12.0
12.9
93.0
5.8
238.7
.0
.0
1.0
6.9
.0
6.0
•0
5.4
27.0
46.4
6.0
668.8
207.2
1150.2
785.9
1360.6
295.0
836.3
1758.4
7068.7
OIL EXPORTING COUNTRIES
ALGERIA
ECUADOR
GABON
INDONESIA
IRAN
1830.4
1540.6
194.9
2262.7
2130.6
16.2
5.0
.0
4.5
25.2
201 • 5
38.3
18.8
335.3
34.7
1612.7
1497.1
176.0
1922.9
2070.7
•0
•0
•0
9.1
37.5
6.4
1.2
.1
37.7
13.0
1619.1
1498.4
176.2
1969.8
2121.2
PAGE 2
TABLE 11 CftOSS-OOftOER AND NGN-LOCAL CURRENCY CLAIMS ON FOREIGNERS SY COUNTRY OF GUARANTOR* JUNE 1979
(IN ntLLWHS Of
COUNTRY
OIL EXPORTING COUNTRIES
IRAQ
VCUHA.IT
LIBYA
NIGERIA
QATAR
SAUDI ARABIA
UNITED ARAB EMIRATES
VENEZUELA
TOTALS
TOTAL CLAIMS
<BY RESIDENCE!
67*0
783.0
156.5
657.5
218.7
1G54.4
1183.1
7712.1
19792*6
NCH-OTL EXP DEV COUNTRIES-LATIN AM £ CARIBBEAN
.ARGENTINA
3421.4
BOLIVIA
565.3
BRAZIL
13606.9
CHILE
1740.9
COLOMBIA
1559.4
COSTA RICA
460.9
DOMINICAN REPUBLIC
377.4
EL SALVADOR
236,0
'GUATEMALA
244* 1
HONDURAS
275.8
JAMAICA
223*8
MEXICO
10448.9
NICARAGUA
458.2
PARAGUAY
97.1
IPERU
1487.0
TRINIDAD AND TOBAGO
72.2
URUGUAY
193.6
561.4
OTHER
TOTALS
36031*0
NON-OIL EXiP' OEV COUNTRIES-ASIA
CHINA*MAINLAND
TAIWAN
INDIA
I S RA EL
JORDAN
KOREA* SOUTH
MALAYSIA
PAKISTAN
PHILIPPINES
SYRIA
THAILAND
OTHER
TOTALS
66.4
3455.2
206.6
934.6
154.3
4824.0
510.1
124.2
3101.0
31.8
1507.0
465.1
15380.6
CLAIMS GUARANTEED
SY RESIDENTS OF
OTHER COUNTRIES
ON BANKS ON OTHERS
TOTAL CLAIMS
LESS GUARANTEED
CLAIMS
CLAIMS ON RESIDENTS
OF OTHER COUNTRIES
GUARANTEED f 3Y RESIDENTS
Of THIS COUNTRY
ON BANKS
ON OTHERS
TOTAL CLAIMS
BY COUNTRY Of
GUARANTOR
• 0
.0
4*0
56.8
tftL*
70.8
370*2
.0
22*0
*0
3*2
7*0
$5*6
27*0
251*9
1025*5
67*0
755.8
156*5
654.3
207.7
911.9
974.4
7389*3
18396.9
.0
36*0
5.0
*0
.0
64.4
30.8
1*0
183.9
.0
44*8
15.5
2*0
3.0
81.3"
26*0
11*6
242.9
67*0
836.6
177.0
656*3
210*7
1057.7
1031.3
7402*0
18823.8
105.6
6,0
246-0
7**)
23*5
2*0
1.0
.3
1*0
5*5
• 0
147.3
4.0
.0
25.7
•0
.1
383.9
960. 1
114.. 5
9.8
1060.I
40.3
22.5
40.6
2.2
9.9
33*6
11.7
11.4
389*5
T.9
1.5
57.7
5.2
6.7
20* 1
1845.9
3201*2
549*4
12300*6
1692*7
1513*3
418.3
374.2
225.. 7
209*4
258.-5
212.4
9912*1
446*2
95*6
1403*5
67*0
186*7
1ST. 3
33224*9
98.4
*0
838*2
3317*7
553.4
13260.9
1741.6
1696.8
418*3
378.2
227*2
22 7.8
259.5
217*4
10090*4
446 * 3
95*6
1421*3
•0
2.0
1259.4
18*0
4*0
122.0
26.9
4*0
.0
4*0
1.4
1S.4
1*0
5.0
60*7
.1
.0
7.8
.0
1.1
.1
283. 0
159*4
34767*3
.0
99.1
•0
25*1
2.5
55*0
12 • 0
10.0
135.4
.0
103.1
49.®
492.2
7.0
167*1
3*0
20.0
.0
130.0
45*0
*0
135*4
•0
40.. 1
23.1
570,9
59*4
3188*9
203*6
889*5
151*8
4638*9
45B*0i
114*2
2830*1
31.8
1363*8
392.1
1431?.4
8.0
33.1
93.9
211.3
75.0
440.9
73.1
22*0
59.4
•0
95.1
3ft.9
1156*9
•0
70.2
6.0
4.0
6*0
192.0
28.1
•0
21.5
.3
11.0
17.0
356.2
67*4
3292*3
303*6
1110*8
232 *8
5271.9
554.* 3
136*2
2911*0
32.. 1
1470*0
44 S 0
15834K7
• 0
zz»o
179*4
•0
*0
.0
•0
.0
.0
109.5
•0
.0
9.9
.a
1ST 19
PAGE 3
TABLE I I CftOSS-BOKOER AND NON-LOCAL CURRENCY CLAIMS ON FOREIGNERS BY COUNTRY OF GURARANTORs JUNE 19T9
U N MILLIONS OF DOLLARS I
COUNTRY
W O N - 0 I t EXP OEV COUNTRIES-AFRICA
CAMEROON
EGYPT
GHANA
IVORY COAST
KENYA
MALAWI
NORQCO
SENEGAL
SUDAN
TUNISIA
ZAIRE
ZAMBIA
OTHER
TOTALS
OFFSHORE BANKINU CENTERS
BAHAMAS
BAHRAIN
BERMUDA
B R I T I S H riEST INDIES
nom KONG
LEBANON
LIBERIA
MACAO
NETHERLANDS ANTILLES
PANAMA
SINGAPORE
TOTALS
INTERNATIONAL & REGIONAL ORGANIZATIONS
AFRICAN REGIONAL
ASIAN REGIONAL
E. EUROPEAN REGIONAL
INTERNATIONAL
L A T I N AMERICAN REGIONAL
MIDDLE EASTERN REGIONAL
W. EUROPEAN REGIONAL
TOTALS
* • * * GRAND • * * •
* * TOTALS * *
TOTAL CLAIMS
(BY RESIDENCE)
CLAIMS GUARANTEED
BY RESIDENTS OF
OTHER COUNTRIES
ON iBANKS ON OTHERS
TOTAL CLAIMS
LESS GUARANTEED
CLAIMS
CLAIMS ON RESIDENTS
OF OTHER COUNTRIES
GUARANTEED BY RESIDENTS
OF THIS COUNTRY
ON BANKS
ON OTHERS
.0
1.0
•0
4.0
•0
.0
2.6
•7
3.4
.0
•0
.0
.5
12.2
TOTAL CLAIMS
BY COUNTRY OF
GUARANTOR
58.6
645.0
15.3
383.0
71.4
82.8
555.3
69.4
121.7
173.6
89.7
142.8
204.5
2613.7
79.9
656.3
15,3
455.3
81.3
82.3
554.8
90.0
175.1
183.9
199.5
157.0
259.2
2991.0
.0
54.0
.0
21.0
•2
.0
.0
1.0
.0
.0
.0
•0
1.0
77.2
21.3
31,0
.0
55.2
9.7
•0
13.1
20.3
58.7
10.3
109.8
14.2
57.3
401.1
58.6
571.3
15.3
379.0
71.4
82.8
541.7
68.7
116.3
173.6
89.7
142.8
200.9
2512.7
.0
72.7
.0
.0
.0
.0
11.0
.0
2.0
.0
.0
•0
3.0
88.7
10757.2
1856.2
575.4
5049.1
3188.0
95.1
2196.5
463.6
3276.0
3266.4
30726.0
9157.3
1616.6
•0
4194.0
1037.8
4.1
2.3
•0
31.4
1485.9
2357.6
19887.3
102.3
6.0
354.6
37.2
177.4
13.5
1361.3
.0
225.0
539.2
60*9
2877.9
1497.5
233.6
220.7
817.8
1972.7
77.5
832.8
2.0
207.1
1250.9
847.8
7960.7
8.0
10.0
•0
7.0
169.5
22.9
111.0
.0
.0
49.7
28.2
406.4
18.0
.0
7.4
6.4
328.4
8.0
25.0
.0
23.0
69.9
21.4
507.5
1523.5
243.6
228.1
831.2
2470.7
108.4
968.8
2.0
230.1'
1370.5
897.5
8874.8
3.0
2.4
66,3
241.9
47.©
6.3
52.7
420.4
.0
.0
•0
.0
.0
.0
.0
•0
.0
.0
.0
14.0
1.0
•0
.0
15.0
3.0
2.4
66.3
227.9
46.8
6.3
52.7
405.4
.0
.0
.0
27.0
.0
1.0
.0
28.0
3.0
.0.0
i.7
•0
•0
14.5
19.2
6.0
2.4
66.3
256.6
46.8
7.3
67.2
452.6
221331.7
44906.5
11448.8
164976.4
23937.1
7673.6
196587.2
2.0
TABLE I I I CROSS BORDER AND NON-LOCAL CURRENCY CONTINGENT CLAIMS: JUNE
U N MILLIONS OF DOLLARS*
COMMITMENTS TO ADVANCE FUNDS
CBY COUNTRY OF RESIDENCE!
TO PUBLIC TO OTHER
TOTAL BORROWERS BORROWERS
G - 1 0 ANO SWITZERLAND
BELGIUM-LUXEMBOURG
CANADA
FRANCE
GERMANY, FEDERAL REPUBLIC OF
ETALY
JAPAN
NETHERLANDS
SWEDEN
SWITZERLAND
UNITED KINGDOM
TOTALS
TOTAL COMM.
BY COUNTRY OF
GUARANTOR
99.4
213.4
680.8
231.3
145.2
524.3
57.9
60.4
164.9
791.8
2969.7
783.3
2235.4
3999.8
2400.8
1301.5
4821.5
1006.7
1533.8
2018.6
6679.7
26781.3
1022.1
259.1
622.9
407.1
759.9
10.0 204.8
99.4
697.2
470.4
295.0
826.7
99.2
200.0
5974.4
57.3
39.0
18.5
15.1
115.7
.0
41.7
2.9
55.5
15.4
39.3
25.3
22.2
33.6
481*6
54i5
17.0
37.0
.0
15.6
•0
3.5
10.2
9.6
8.0
.2
28.1
•0
.0
183.9
1091.3
320.1
651.4
753.0
864.8
31.0
233.7
143.6
945.8
499. 8
317.4
1098.6
214.2
180.0
7345.2
.0
41.7
8.0
20.0
187.8
426.3
137eO
95.9
50.2
967.1
•0
37.9
60.0
151.0
56.7
336.4
90.4
288.2
476.8
1497.5
.0
1.0
• 0
•0
25.0
456.8
11.0
107.0
45.4
646.2
.0
•0
.0
•0
5.0
.0
•0
18.6
7.1
30.7
.0
78.6
68.0
171.1
224.5
305.9
216.4
295. 7
488.7
1849.0
335.9
141.4
38.1
375.8
110.1
108.3
304.9
373.1
32.2
404.5
489.6
130.7
108.3
20.2
2.6
98.1
109.2
13.2
3.3
1.1
.0
15.8
•0
.0
535.8
495.4
67.7
698.0
490.6
225.8
131.0
1263.6
593.4
170.0
182.7
105.8
14.0
259.8
21.0
296.8
3033.2
WON G - I O DEVELOPED COUNTRIES
AUSTRALIA
AUSTRIA
DENMARK
FINLAND
GREECE
ICELAND
IRELAND* REPUBLIC OF
NEW ZEALAND
NORWAY
PORTUGAL
SOUTH AFRICA
SPAIN
TURKEY
OTHER
TOTALS
1094.1
342.1
632.9
768.1
965.0
31.0
271.9
136.3
991.7
507,2
356.5
1095.S
236.4
213.6
7643.1
72.0
83.0
10.0
361.0
205.0
21.0
67.1
36.8
294.5
36.8
61.5
269.1
137.1
13.6
1668.7
EASTERN EUROPE
ALBANIA *
BULGARIA
CZECHOSLOVAKIA
GERMAN DEMOCRATIC REPUBLIC
HUNGARY
POLAND
ROHANIA
U.S.S.R.
YUGOSLAVIA
TOTALS
.0
79.6
68.0
171.1
244.5
762.7
227.4
384.1
527.1
2464.6
640.8
514.5
70.3
780.3
599.8
239.0
COMMITMENTS TO
RESIDENTS OF OTHER
COUNTRIES GUARANTEED
BY RESIDENTS OF
THIS COUNTRY
PAGE 1
131.2
18.0
78.3
81.2
108.8
106.1
111.4
70.4
263.2
819.7
1788.7
815.1
2039.9
3397,3
2250.7
1265.1
4403.2
1060.2
1543.3
2117.0
6707.7
25600.3
OIL EXPORTING COUNTRIES
ALGERIA
ECUADOR
GABON
INDONESIA
IRAN
IRAQ
COMMITMENTS
GUARANTEED
RESIDENTS OF
OTHER COUNTRIES
1979
684.1
776.3
2803.8
2080.7
1082.4
4297.4
1046.2
1284.0
2096.0
6410.8
22562.0
TABLE I I I CROSS SORDER AND NGN-LOCAL CURRENCY CONTINGENT CLAIMS: JUNE
U N MILLIONS OF DOLLARS*
COMMITMENTS TO ADVANCE FUNDS
(BY COUNTRY OF RESIDENCE!
TO PUBLIC FO OTHER
TOTAL SORROWERS BORROWERS
OIL EXPORTING COUNTRIES
KUWAIT
LIBYA
NIGERIA
QATAR
SAUDI ARABIA
UNITED ARAB EMIRATES
VENEZUELA
TOTALS
COMMITMENTS
GUARANTEED
RESIDENTS OF
OTHER COUNTRIES
1979
COMMITMENTS TO
RESIDENTS OF OTHER
COUNTRIES GUARANTEED
BY RESIDENTS OF
THIS COUNTRY
PAGE 2
TOTAL COM«.
BY COUNTRY OF
GUARANTOR
253.6
138.1
227.5
110.9
1163.7
227.9
2743.2
7710.1
14.9
38.0
131.1
59.7
103.0
11.5
1128.5
2596.4
238. 7
100.1
96*4
51.2
1060.7
216.4
1614.7
5113.6
3.0
.0
56.6
9.8
77.9
10.5
42.3
552.1
8.4
•0
.0
•0
23.9
64.7
13.0
130.3
NON-OIL EXP DEV COUNTRIES-LATIN AM £ CARIBBEAN
ARGEMTIWA
1131.7
161.9
BOLIVIA
BRAZIL
3027.9
669.3
CHILE
745.5
COLOMBIA
COSTA RICA
218.5
DOMINICAN REPUBLIC
56.4
EL SALVADOR
129.2
GUATEMALA
118.9
HONDURAS
142.6
JAMAICA
50.0
2883.4
MEXICO
NICARAGUA
49.6
PARAGUAY
65.9
201.1
PERU
T R I N I D A D AND TOBAGO
233.0
147.9
URUGUAY
OTHER
36.1
TOTALS
10069.6
275.5
68.4
1117.5
282.0
188.6
70.5
9.4
41.0
33.0
67.8
33.0
765.1
18.8
5.3
72.1
213.0
84.9
6.2
3357.8
856.1
93.5
1910.4
387.2
556.8
148.0
47.0
88.2
80.9
74.7
17*0
2118*2
30.8
60.5
128*9
20.0
62.9
29.9
6711.7
47.6
6.9
302.2
23.8
4.0
43.6
6.9
12.2
22.3
11.5
8.0
95.7
5.0
3.0
22.8
10.0
4.3
6.6
637. 1
14.5
.0
64.5
23.2
9.0
6.0
.0
1.3
NOft-OIL EXP OEV COUNTRIES-ASIA
CHINA*MAINLANO
TAIWAN
INDIA
ISRAEL
JORDAN
KOREA* SOUTH
MALAYSIA
PAKISTAN
PHILIPPINES
SYRIA
THAILAND
OTHER
TOTALS
1.0
781,0
85. 5
60.2
38.6
321.1
44.3
127.7
884. 8
6.2
32.3
131.1
2514.1
29*1
1069.1
251.2
2 70.. 6
85.3
2042*5
144.9
98.8
924.1
104.2
450.0
228.9
5699.1
•0
178.0
3.0
5.2
5.5
31.4
17.9
55.3
83.0
.0
25.5
13.6
418.7
118.8
1741.9
110.4
460.9
349.0
7913.4
24.0
649.3
18.4
74.4
.0
9.1
23.4
674*6
NON-OIL EXP DEV COUNTRIES-AFRICA
CAMEROON
EGV^T
30.1
1850.2
336.7
330.9
123.9
2363.6
189.2
226.5
1808.9
110.4
482.3
360.0
8213.3
41.8
739.9
17.8
90.6
19.0
22.0
•0
34.0
.0
.0
•2
.0
•0
.0
243.7
.0
1ft.1
i.l
2*0
21.8
31.0
11.0
11*0
16.0
.0
4.2
2.6
259.0
138.1
170.7
101*1
1109.7
282.1
2713.8
7288.3
1098.5
155.0
279 0.1
668.7
750.5
180.7
49.5
118.3
115.5
153.1
42.0
2871.7
44*6
62.8
178.5
223.0
1*3*6
29.5
9676.2
30.1
1690.2
334.8
3?7.6
140.2
2363.2
1S2.3
1B2.Z
TABLE I I I CROSS BORDER AND NON-LOCAL CURRENCY CONTINGENT CLAIMS? JUNE
U N WILLIOWS OF DOLLARS3
COMMITMENTS TO ADVANCE FUNDS
i&Y COUNTRY OF RESIDENCE!
TO PUBLIC TO OTHER
BORROWERS BORROWERS
TOTAL
ESP OEV COUNTRIES-AFRICA
GHANA
IVORY COAST
KEWfA
MO&OCO
SENEGAL
SUDAN
TUNISIA
ZAIRE
ZAMBIA
OTHER
TOTALS
OFFSHORE BANKING CENTERS
BAHAMAS
BAHRAIN
BERMUDA
BRITISH WEST INDIES
HONG KONG
LEBANON
LIBERIA
MACAO
NETHERLANDS AWTRLES
PANAMA
SINGAPORE
TOTALS
INTERNATIONAL £ REGIONAL ORGANIZATIONS
AFRICAN REGIONAL
ASIAN REGIONAL
E . EUROPEAN REGIONAL
INTERNATIONAL
L A T I N AMERICAN REGIONAL
MIDDLE EASTERN REGIONAL
tf. EUROPEAN REGIONAL
TOTALS
****
•*
GRAND * * * *
TOTALS • *
COMMITMENTS
GUARANTEED
RESIDENTS OF
OTHER COUNTRIES
1979
COMMITMENTS TO
RESIDENTS OF 07HEA
COUNTRIES GUARANTEED
BY RESIDENTS OF
THIS COUNTRY
•0
.5
•0
9.0
.0
•0
TOTAL CORK.
BY COUNTRY OF
GUARANTOR
91.5
106.1
77.2
+2.0
73.9
34.0
52.2
92.5
174.3
80.2
35.0
95,3
37.6
59.8
77.9
35.0
117.0
396.0
1982.5
80.5
81.5
30.0
10.0
28.8
20.2
13.7
12.7
6.0
79.7
224.3
695.9
12.0
92.®
50.2
25.0
66.5
17.4
46.1
65.2
29.0
37.3
171.7
1286,6
1.0
68.6
3.0
2.0
21.4
3.6
8.2
2.0
2.2
6.8
48.8
260.6
.0
1.0
9.0
39a
1U.4
206.3
651.8
69.1
1292.8
231.4
249.4
1.2
321.7
466.2
528.9
4130.5
•0
57.9
8.0
.0
267.9
47.0
10.7
.0
.0
61.3
69.4
522.2
111.4
148.4
643.0
69.1
1024.9
184.4
238 • 7
1.2
321.7
404.9
459.5
3608.2
70.8
126.0
260.2
89.0
349.6
27.2
61.3
•0
40.0
129.0
91.3
1246.7
15*6
.0
«2
28.1
5.0
6.3
•0
•0
8.6
23.3
92.5
93.9
391.6
-19.6
97U.2
209,2
194.4
1.2
201.6
345.0
460.9
2976.3
7.0
•0
8.7
.0
16.2
1.7
.0
33.6
7.0
.0
8.7
.0
16.2
1.7
•0
33.6
.Q
.0
•0
.0
.0
•0
.0
•0
.0
.0
.0
.0
•0
• 0
.0
• 0
•0
•0
.0
35.0
60.0
•0
7.0
.0
0»?
•0
95.0
76.2
1.7
.0
128.6
67048.0
15394.3
52453.6
6032.2
3904.0
65719.7
•6
9.9
32.8
111.2
356.2
1761.1
5.4
35.0
@FedFRASER