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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 O E N 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. O CLAIMS: F 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 O E V R 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 B RESIDENTS Y 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 O RESIDENTS N 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 O DOLLARS* F 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 B RESIDENTS OF Y 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