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FEDERAL RESERVE statistical release I B

FOR IMMEDIATE RELEASE
DECEMBER 09, 1998
E. 11 (121)

GEOGRAPHICAL DISTRIBUTION OF ASSETS AND LIABILITIES OF
MAJOR FOREIGN BRANCHES AND SUBSIDIARIES OF U.S. BANKS 1/
(IN MILLIONS OF DOLLARS)
ASSETS

COUNTRY OF CUSTOMER
EUROPE
AUSTRIA
BELGIUM
BULGARIA
CZECH REPUBLIC
DENMARK
FINLAND
FRANCE
GERMANY
HUNGARY
IRELAND
ITALY
LUXEMBOURG
NETHERLANDS
NORWAY
POLAND
PORTUGAL
ROMANIA
SPAIN
SWEDEN
SWITZERLAND
TURKEY
RUSSIA 2/
SLOVAKIA
UNITED KINGDOM
OTHERS (INCLUDING BIS)
CANADA
LATIN AMERICA AND
CARIBBEAN
ARGENTINA
BAHAMAS
BERMUDA
BOLIVIA
BRAZIL
CAYMAN ISLANDS
CHILE
COLOMBIA
COSTA RICA




09/1997

12/1997

03/1998

06/1998

09/1998

218.067
11283
6,311
46
525
3,154
1,471
14,482
31,261
492
3,548
19,381
2,488
3,640
3,203
463
1,050
51
12,469
3,822
4,313
3,463
3,515
267
90,207
7,162

207,987
1,138
6,703
54
447
2,036
1,302
12,576
26,019
312
3,018
15,296
1,628
3,675
3,325
373
580
39
12,592
2,843
5,763
3,351
4,142
133
93,494
7,148

208,073
1,038
5,942
71
414
1,684
1,454
10,565
23,943
707
3,535
19,244
2,609
4,695
3,326
592
470
43
14,667
3,681
5,080
3,644
6,590
165
85,552
8,362

219.983
1,408
6,539
32
387
1,668
1,323
16,466
24,710
593
3,499
19,309
3,424
6,076
2,748
651
816
39
13,265
2,100
5,416
5,026
6,000
177
90,839
7,472

223.770
1,243
7,075
20
377
2,295
1,418
15,374
28,156
338
3,751
17,647
2,073
6,358
2,683
487
751
46
13,752
1,343
5,672
3,841
2,122
122
99,081
7,745

7,513

9,069

8,744

10,396

9 ,670

69,261
15,608
979
1,400
20
19,082
9,290
5,888
822
36

74,377
16,147
3,327
2,130
25
20,298
8,938
5,893
699
35

74,233
16,983
1,324
1,303
35
20,928
9,674
6,101
713
45

73,379
18,112
-1,707
1,457
31
19,579
11,902
6,164
745
61

70,611
20,516
2,822
1,355
27
15,434
6,605
6,086
607
57

- 2 -

ASSETS
COUNTRY OF CUSTOMER

09/1997

12/1997

03/1998

06/1998

09/1998

529
41
6,866
1,753
13
1,999
429
1,274
3,232

478
22
7,766
1,420
11
2,016
440
1,287
3,445

417
35
7,953
996
23
2,176
515
1,942
3,070

342
22
8,237
1,073
5
2,117
479
1,725
3,035

251
14
8,607
561
15
2,570
431
1,573
3,080

125.335

130 .071

135.843

124,065

121.758

2,596
10,321
26,179
4,511
5,588
668
20,991
10,436
5,363
5,173
12,899
5,489

2,716
9,533
29,599
4,318
5,605
538
23,996
10,693
4,979
4,919
12,547
4,750

2,581
12,073
32,972
4,800
4,844
559
22,532
11,957
4,351
3,851
14,526
4,850

2,848
11,751
23,794
4,535
4,400
585
22,667
10,063
4,554
4,233
13,566
4,445

2,267
12,532
26,288
4,936
4,263
506
22,168
8,950
4,828
3,728
10,584
4,725

10,915
4,206

11,738
4,140

11,960
3,987

13,148
3,4/6

12,985
2,998

4,012
777
412
1,585
224
17

3.804
764
432
1,528
175
17

5.534
784
196
3,300
117
17

7,24 3
1,288
448
4,483
167
17

6.130
1,497
207
3,098
187
16

294
703

259
629

241
879

222
618

243
882

OCEANIA
AUSTRALIA
NEW ZEALAND
OTHERS

30.285
26,860
3,414
11

25.146
22,104
3,028
14

25.182
22,414
2,752
16

24,696
21,685
3,000
11

24.588
21,424
3,162
2

UNALLOCATED 6/

74.706

92.995

95.325

89,106

95.380

LATIN AMERICA AND
CARIBBEAN (CONT.)
ECUADOR
JAMAICA
MEXICO
NETHERLANDS ANTILLES
NICARAGUA
PANAMA
PERU
VENEZUELA
OTHERS
ASIA
CHINA.
MAINLAND
TAIWAN
HONG KONG
INDIA
INDONESIA
ISRAEL
JAPAN
KOREA
MALAYSIA
PHILIPPINES
SINGAPORE
THAILAND
MIDDLE EAST OILEXPORTING COUNTRIES 4/
OTHERS
AFRICA
:
EGYPT
LIBERIA
SOUTH AFRICA
MOROCCO
ZAIRE
AFRICAN OIL-EXPORTING
COUNTRIES 5/
OTHERS




-3ASSETS
COUNTRY OF CUSTOMER

09/1997

12/1997

03/1998

06/1998

09/1998

GRAND TOTAL EXCLUDING
THE UNITED STATES,
PUERTO RICO AND
U.S. DEPENDENCIES

529,179

543,449

552,934

548,868

551,907

UNITED STATES

278.153

323.153

311 .129

337.765

352.500

4 962

5.212

6.232

7,015

8.125

812,294

871,814

870,295

893,648

912,532

PUERTO RICO AND U.S.
DEPENDENCIES
GRAND TOTAL

FOOTNOTES ARE FOUND ON PAGE 6.




LIABILITIES
COUNTRY OF CUSTOMER
EUROPE
AUSTRIA
BELGIUM
BULGARIA
CZECH REPUBLIC
DENMARK
FINLAND
FRANCE
GERMANY
HUNGARY
IRELAND
ITALY
LUXEMBOURG
NETHERLANDS
NORWAY
POLAND
PORTUGAL
ROMANIA
SPAIN
SWEDEN
SWITZERLAND
TURKEY
RUSSIA 2/
SLOVAKIA
UNITED KINGDOM
OTHERS (INCLUDING BIS)
CANADA
LATIN AMERICA AND
CARIBBEAN
ARGENTINA
BAHAMAS
BERMUDA
BOLIVIA
BRAZIL
CAYMAN ISLANDS
CHILE
COLOMBIA
COSTA RICA
ECUADOR
JAMAICA
MEXICO
NETHERLANDS ANTILLES
NICARAGUA
PANAMA
PERU
VENEZUELA
OTHERS




09/1997

12/1997

03/1998

06/1998

09/1998

218,619
1,607
5,425
43
655
2,528
1,051
11,829
22,872
118
5,787
16,383
6,332
5,568
872
673
1,481
49
12,750
4,175
17,176
1,626
2,115
96
86,555
10,853

202.352
1,269
5,959
53
527
2,283
553
10,489
16,011
91
6,018
12,836
5,596
6,013
1,298
802
1,698
110
11,282
2,719
19,194
2,985
1,174
94
81,969
11,329

225.586
1,409
5,968
71
505
1,512
483
11,879
16,861
140
5,990
12,190
7,048
9,330
1,066
517
928
42
12,272
2,385
18,973
3,701
2,837
76
100,488
8,915

237,034
1,653
6,958
85
494
1,008
544
13,901
20,470
106
5,542
12,685
7,828
8,300
1,611
736
1,373
67
10,342
2,659
18,593
2,130
2,946
95
105,277
11,631

234.569
1,631
8,292
53
554
1,561
661
10,929
19,116
207
7,006
12,672
8,447
11,583
1,250
562
1,244
44
10,544
1,690
18,863
1,751
930
90
104,110
10,779

5,311

5,408

5,714

6,119

6,427

60,109
10,930
4,175
2,624
254
12,663
12,495
3,334
302
117
210
33
3,121
1,071
3
1,860
337
1,934
4,646

68,425
11,589
3,677
3,149
42
13,620
16,220
3,705
386
128
201
52
4,495
1,147
1
2,494
169
2,090
5,260

70,971
12,842
5,304
2,274
94
15,698
13,583
4,069
402
109
197
36
4,557
1,095
0
2,308
150
2,494
5,759

67,188
13,442
356
3,555
121
12,554
15,515
4,773
421
122
192
47
4,042
1,008
0
2,146
110
2,513
6,271

75,272
15,766
4,829
2,308
134
10,564
18,473
4,643
561
119
185
52
4,411
1,063
1
3,029
189
2,419
6,526

-5LIABILITIES
COUNTRY OF CUSTOMER

09/1997

12/1997

03/1998

06/1998

09/1998

134.982

135.523

151.578

141.252

148.092

1,587
11,354
25,820
2,717
6,289
1,603
22,205
3,055
4,551
3,740
17,565
4,402

1,835
11,741
31,527
2,743
6,914
1,230
22,218
4,569
4,452
4,306
11,428
3,941

2,881
13,513
34,033
2,908
7,571
1,200
27,477
6,075
4,231
3,727
13,122
4,425

2,675
12,291
27,568
3,357
7,477
1,492
23,537
8,098
4,197
4,019
12,048
3,954

2,929
13,406
29,679
3,600
7,747
1,278
25,033
6,373
4,517
3,838
13,084
4,426

23,438
6,656

21,542
7,077

23,630
6,785

23,966
6,573

25,753
6,429

7.085
2,456
558
1,193
136
33

5.709
2,168
681
1,041
118
40

7.140
1,800
648
2,975
134
34

9.294
2,069
607
4,544
148
38

8.305
2,176
549
3,514
128
46

531
2,178

402
1,259

455
1,094

565
1,323

523
1,369

OCEANIA
AUSTRALIA
NEW ZEALAND
OTHERS

27.083
24,606
2,426
51

22.674
20,488
2,125
61

22.193
20,373
1,768
52

21 .408
18,780
2,572
56

19.377
17,198
2,047
132

UNALLOCATED 6/ 7/

94.764

107 .408

108.470

110,454

116 .078

GRAND TOTAL EXCLUDING
THE UNITED STATES,
PUERTO RICO AND
U.S. DEPENDENCIES

547,953

547,499

591,652

592,749

608,120

UNITED STATES

268.645

312.503

274.703

303.020

303.817

1.268

920

-153

-1.526

-3.080

817,866

860,922

866,202

894,243

908,857

ASIA
CHINA
MAINLAND
TAIWAN
HONG KONG
INDIA
INDONESIA
ISRAEL
JAPAN
KOREA
MALAYSIA
PHILIPPINES
SINGAPORE
THAILAND
MIDDLE EAST OILEXPORTING COUNTRIES 4/
OTHERS
AFRICA
EGYPT
LIBERIA
SOUTH AFRICA
MOROCCO
ZAIRE
AFRICAN OIL-EXPORTING
COUNTRIES 5/
OTHERS

PUERTO RICO AND U.S.
DEPENDENCIES
GRAND TOTAL

FOOTNOTES ARE FOUND ON PAGE 6.




- 6 -

1/ BEGINNING WITH DATA FOR MARCH 1997, THE REPORTING THRESHOLD FOR BRANCHES HAS BEEN INCREASED FROM $150 MILLION (EQUIVALENT) TO $500 MILLION
(EQUIVALENT). THE REPORTING THRESHOLD FOR FOREIGN SUBSIDIARIES (INCLUDED
SINCE MARCH 1994) REMAINS UNCHANGED AT $2 BILLION IN TOTAL ASSETS AND $10
MILLION IN TOTAL DEPOSITS.
2/ EXCLUDES OTHER REPUBLICS OF THE FORMER SOVIET UNION AS OF DECEMBER
1992.
3/ BAHRAIN, IRAN, IRAQ, KUWAIT, OMAN, QATAR, SAUDIA ARABIA, AND THE UNITED
ARAB EMIRATES.
4/ ALGERIA, GABON, LIBYA, AND NIGERIA.
5/ INCLUDING INTERNATIONAL ORGANIZATIONS.
GENERAL NOTE: FIGURES IN THIS RELEASE HAVE BEEN ADJUSTED TO EXCLUDE ACCOUNTS BETWEEN BRANCHES OF THE SAME PARENT BANK.
FOR MORE DETAIL ON INTERNATIONAL EXPOSURES OF U.S. BANKS, SEE FFIEC
RELEASE E.16.