The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Joint News Release
Comptroller of the Currency
Federal Deposit Insurance Corporation
Federal Reserve Board
For immediate release
November 24, 1980
COUNTRY EXPOSURE LENDING SURVEY
International claims of United States banks with sizable foreign
banking operations were approximately 20 percent higher at June 30, 1980
than a year earlier, and were up 8 percent in the first six months of 1980.
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
143 U.S. banking organizations.
Cross-border and ncn-local currency claims amounted to $266 billion in June 1980, up from $221 billion at June 1979. The increase was
primarily in short-ternf credits; claims with a maturity in excess of one
year rose by only $2.5 billion. In addition, the survey indicated that
local currency lending to local borrowers by foreign offices of U.S. banks
increased $3.5 billion in the first six months of 1980 to a total of $70.5
billion.
The largest share of the increase in cross-border and ncn-local
currency lending was the result of higher claims on borrowers located in
developed countries. Cross-border and non-local currency lending to less
developed countries that are not members of OPEC amounted to $66 billion,
an increase of about $4 billion in the first six months of 1980. Claims
on this group of countries were 22 percent higher than at June 30, 1979.
Types of Loans
The survey concentrated on data involving lending from a bank's
office in one country to residents of another ccuntry as well as in a currency other than that of the borrowers. These are known as cross-border
-2-
and cross-currency loans.
Cross-border and cross-currency loans are those most closely associated with country risk. As shewn in Table I, such claims totaled $266
billion in June 1980. Claims on residents of"Switzerland and the Group of
Ten (G-10) developed countries and "offshore bankinq centers"—' represent
57 percent of this total. Claims on residents of developing countries that
are not members of CPEC amount to 25 percent of the total, approximately
the same percentage as for 1979.
In addition, the banks reported $70.5 billion in local currency
claiirs that were held by their foreign offices on residents of the country
in which the office was located. An example would be Deutsche mark
claims
on Genran residents held by the German branch of the reporting U.S. bank.
Most of these local currency claims were funded by local currency liabilities due to local residents, which amounted to $57 billion.
Maturities
Nearly three-quarters of the reported cross-border and cross-country
claims had a maturity of 1 year or less.
Only $19.6 billion in claims had a
maturity in excess of 5 years. 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 rrcst other groups of countries, short-term claims accounted for
approximately half of the total claims, although the proportion varied among
1/ Countries where multinational banks cenduct a large international money
market business.
-3-
countries.
Type of Borrower
Business with other banks accounted for the largest amount, equalling
$147 billion. Most of the claims en banks were on those located in the G-10
countries and the offshore banking centers. Private nonbank sector lending
totaled $75 billion, and loans to the public sector amounted to $44 billion.
This last category includes foreign central banks, and carmercial 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-country
claims that are guaranteed by residents of another country. Claims are reallocated frcm the country of residence of the borrower to another country in
two major ways. First, claims en a bank branch located in one country, where
the head office is 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 reallocaticns appear in the last column of Table
II. Most of the shifts are accounted for by the transfer of claims on branches
(and, where guaranteed, subsidiaries) of banks to their head offices ($55
billion out of $68 billion). In general, the reallocations primarily affected
-4-
the offshore banking centers and seme of the developed countries. For example,
claims on the offshore banking centers decreased from $38 billion to $11 billion and claims en the United Kingdom decreased frcm $43 billion to $24
billion. For most less developed countries, a relatively small portion of
claims is externally guaranteed. The total shown for claims on foreigners
by country of guarantor is about $241 billion or $25 billion less than the
total for claims by country of borrower. This results fran U.S. residents
guaranteeing claims on foreign residents and foreigners guaranteeing claims
on U.S. residents.
Ccrcmitments to Provide Funds for Foreigners
The survey also provided information en contingent claims on foreigners. The banks were asked to report only those contingent claims -where
the bank had a legal obligaticn to provide funds. As shown in Table III,
the amounts reported total $75 billion, 74 percent of the total being in the
private sector, including banks. Table III also adjusts these commtments
for guarantees in the same manner as Table II does for claims.
1ABLB I CROSS-BORDER AND NCN-LCCAL CURRENCY CLAIMS BY RESIDENCE OP BORROWER: JUNE 1980
{IN MILLIONS OF DOLLARS)
CCUNTBY
G-10 AND SWITZERLAND
BELGIUM-LUXEMBOURG
CANADA
FRANCE
GERMANY, PEDERAL REPOELIC OF
ITALY
JAPAN
NEIHERLANES
SWEDEN
SWITZERLAND
UNITED KIbGDCM
1CTALS
TOTAL
CLAIMS
CLAIMS ON: —
OTHER
BANKS
PUBLIC
BORROWERS
10983,0
7844.3
11467.9
6983.4
4722.8
17999.4
3860.7
2863.2
2955.8
42918-3
112599.2
9869.4
5035.2
9661.9
2321.6
2707.1
10074.1
3021.8
1312.3
1766.3
33269.3
79039.6
229.2
767.0
1091.9
307.8
1131.5
153.6
13.5
795.2
158.0
1626.2
6274.1
1464.8
1492.3
2418.5
1403.1
2358.7
308.9
1334.7
744.4
516.3
335.3
29.8
217.5
37.3
259.1
347.3
574.9
1685.9
380.1
309.8
7081.7
178.0
84.1
662.8
404.6
853.6
85.4
471.5
108.0
180.7
239.7
350.3
864.2
1043.9
47.8
5575.1
PRIVATE
884.4
2042.0
714.1
4353.9
884.1
7771.6
825.4
PAGE 1
—MATURITY DIST. OF CLAIMS:
ONE YEAR
OVER ONE
OVER
AND UNDER TO 5 YEARS 5 YEARS
755,5
1031.4
8022.7
27285.4
10577.8
5840.4
9703.0
5550.7
3313.6
14106.8
3288.4
1578.6
2743.2
37327.1
94030.1
276.2
1020.9
1142,4
1220.6
117C.3
3492.4
318.6
1025.9
131.0
3571.3
13370.1
128.9
982.8
623.4
212.0
238.8
400.1
253.7
258.6
81.5
2019.8
5199.9
977.8
73.5
1011.2
482.2
1169.7
63.4
297,1
190.3
1898.8
93.1
442.7
1701.9
69.1
142.3
8613.6
906.0
1356.4
1085.9
665.2
1079.7
34.9
459.0
179.0
808.3
512,8
909.4
2574.7
356.6
400.4
11328.9
428. 1
95.5
1061.1
525.1
853.3
90.1
320.2
106.8
961.2
97.3
398.2
1098.1
686.7
89.0
6811.2
130.7
40.4
271.4
212.7
425.6
53.6
206.8
49.8
569.1
70.1
60.4
579.2
449.7
10.4
3130.3
NON G-10 DEVELOPED COUNTRIES
AUSTRALIA
ADS1-SIA
DENMARK
FINLAND
GREECE
ICELAND
IRELAND, REPUBLIC OF
NEW ZEALAND
NORWAY
PORTUGAL
SOUTH AFRICA
SPAIN
TURKEY
OTHER
TOTALS
178,6
986.1
335.7
2338.7
680.2
1368.0
4252.2
1493.2
499.9
21270.6
EASTERN EURCPE
ALEANIA
BULGARIA
CZECHOSLOVAKIA
GERMAN DEMOCRATIC REPUBLIC
HUNGARY
POLAND
ROMANIA
U.S.S.R.
YUGOSLAVIA
1CIALS
.0
.0
.0
.0
.0
.0
.0
540.7
171.6
1332.1
964.0
1743.6
400.7
546.7
2208.1
790S.8
261.0
96.5
747.4
225.3
983.3
215.0
255.8
1331.8
4116.3
267.5
68.9
489.7
725.7
676.7
178.7
226.6
268.1
2902.2
12.1
278.8
88.1
695.1
392.5
753.2
282.0
188.4
877.8
3466.1
232.9
49.5
607.6
478.4
882.1
82.4
331.5
838.4
3503.2
29.0
34.0
29.3
183.0
108.2
35.2
28.7
491.8
939.4
OIL EXPORTING COUNTRIES
ALGERIA
ECUADOR
GABON
INDONESIA
IRAN
IRAQ
KUWAIT
LIEYA
1669.4
1752.1
245.1
1984.0
772.9
113.7
91C.9
80.7
309.2
378.3
1114.4
709.0
228.9
759.2
361,4
89.7
24.2
245.7
664.6
11.7
843.8
169.3
1000.1
581.3
144.6
618.6
324.4
148.0
183.3
27.0
204.5
34.1
.0
2.0
521.2
987.4
73.4
1160.7
414.4
109.7
845.2
76.8
4.4
381.0
242.1
23.0
604.2
78.7
6.2
94.9
13.0
83.6
7.0
66.2
608.1
891.2
1.0
282.5
.0
61.0
3.9
4.0
4.7
.0
PAGE 2
TABLB I CROSS-BOEDER AND NCN-LCCAL CURRENCY CLAIMS BY RESIDENCE Of BOBROHEB: JUNE 1960
(IN MILLIONS OF DOLLARS)
COUNTBY
OIL EXPORTING CCUNIBIBS
NIGERIA
QAIAR
SAODI ARAEIA
UNITED ARAB EMIRATES
VENEZUELA
TOTALS
TOTAL
CLAIMS
803.4
62.6
1734.7
1413.6
8313.7
19857.3
NON-OIL EXP DEV CODNTBIES-LATIN AH I > CARIBBEAN
ARGENTINA
5643.7
BCIIVIA
479.9
BRAZIL
13991.8
CHILE
2645.9
COLOMBIA
2128.5
COSTA RICA
616.7
DOMINICAN BEPUBLIC
419.0
El SALVADCB
117.2
GUATEMALA
359.4
HCNDURAS
268.0
JAMAICA
215,9
MEXICO
12760.3
NICARAGUA
397.3
PARAGUAY
154.5
PEBU
1476.2
74.8
TRINIDAD AND TOBAGO
URUGUAY
338.2
OTHER
891.6
TOTALS
42981.8
NON-CIL EXP DEV CCUNTBIIS-ASIA
CHINA,MAINLAND
1AIBAN
INDIA
ISRAEL
JORDAN
KOREA, SOOTH
MALAYSIA
PAKISTAN
PHILIPPINES
SYRIA
THAILAND
OTHER
TCTALS
NON-CIL EXP DEV CCUNTBIES-AFBICA
CAMEROCN
EGYPT
GHANA
IVCRY COAST
KENYA
MALAWI
113.2
3977,6
222-7
1253.5
114.8
6889.3
455.0
141.3
4525.6
16.8
1656.4
512.2
19878.8
101.5
702.4
12.1
480.7
207.0
123.6
— M A T U R I T Y DIST. OF CLAIMS:
ONE YBAB
OVER ONE
OVER
AND UNDER TO 5 YEARS 5 YEARS
CLAIMS ON:
PUBLIC
BORROWERS
—
OTHBB
PRIVATE
113.9
12.7
641.5
580.1
1179.2
4548.7
628.0
35.2
17.4
512.8
3376.5
7857.0
61.4
14.7
1075.8
320.6
3757.8
7451.4
262.1
34.4
1510.5
958.9
5529.4
12484.5
420.0
23.6
189.0
314.2
2446.6
6127.7
2516.4
71.4
5006.7
1187.8
740.9
99.8
60.4
1203.0
242.0
4510.6
747.9
486.7
233.4
274.2
34.0
15.3
63.3
173.9
4616.5
212.9
47.1
705.3
65.0
108.7
51.7
13792.2
1924.2
166.5
4474.4
710.1
900.8
285.3
84,3
73.3
305.6
136.1
31.0
5823.5
68.9
97.2
245.2
3608.0
297,2
6042.4
1154.5
1402.5
353.0
220.3
68,2
222.2
180.6
108.1
6368.8
300.0
105.3
1014.0
28.2
217.3
860.8
22552.2
1618.5
161.7
5872.9
94 9.8
599.4
199.5
161.5
42.1
118.2
66.7
103.3
4680.5
84.2
27.1
424.7
41.6
60.4
28.3
15241.3
77.2
2789.7
114.8
877.0
28.3
5450.4
97.2
75.2
3149.0
13.8
1304.1
259.2
14236.4
36.0
958.8
98.3
340. U
62.1
1058.3
249.2
59.4
691.7
263.4
167.9
4009.1
36.3
583.2
45.6
87.4
BANKS
9.7
38.4
68.6
11.0
2320.3
115.4
10.1
525.6
.0
42«4
705.8
13531.4
72.0
1310.9
52.6
922.4
5.1
3893.1
60.3
30.8
1552.6
3.6
1070.8
114.3
9088.9
2.1
469-3
14.0
1106.9
72.0
197.6
94.0
1020.7
236.1
74.8
1368.1
10.0
220.1
192.7
4627.3
82.4
153.1
.0
2.0
29.7
11.5
26.2
344.2
59.5
88.4
9.8
187,1
134.0
15658.1
27.2
1559.8
98.0
133.4
15.7
1975.4
158.5
35.7
1584.8
3.2
365,3
205.2
6162.5
17.0
79.9
10.1
106.8
136.0
9.0
3.0
121.2
4.6
35.2
140.4
337.5
1245.0
417.0
21.0
2076.4
541.4
126.6
66.1
37.1
6.8
18.9
20.7
4.4
1711.0
13.0
22.0
37.4
5.0
60.4
2.4
5188.3
.0
229.0
9.6
36.0
24.3
380.4
108.5
6.6
684.8
•0
68.8
85.0
1633.2
19.5
26.7
.0
4.0
8.1
265.5
145.1
66.1
167.1
59.2
46.3
48.0
2.7
11.1
PAGE 3
TABLE I CROSS-BORDER AND NOW-LOCAL CURRENCY CLAIMS BY RESIDENCE Of BORROWER: JONE 1 9 8 0
(IN MILLIONS OF DOLLARS)
CCUNTEY
NON-OIL EXP DEV CCUNT5IES-AFRICA
MCROCO
SENEGAL
5UEAN
TUNISIA
ZAIRE
ZAMBIA
Q'XHEB
TOTALS
GFFSH03E EASKINS CENTEBS
BAHArtAS
BAHRAIN
BERMUDA
SRITISJi VEST INDIES
HONG KCNG
LEEANCN
LLBERIA
MACAO
NETHERLANDS ANTILLES
PANAMA
SINGAPORE
TOTALS
INTERNATIONAL S SEGICNAL ORGANIZATIONS
AFRICAN EEGICNAL
ASIAN EEGICNAI
E. EUROPEAN REGIONAL
INTERNATIONAL
LATIN AMERICAN REGIONAL
MIDDLE EASTERN REGIONAL
W. EUROPEAN REGIONAL
1CTALS
**** GRAND •*•*
** TOTALS **
TOTAL
CLAIMS
BANKS
CLAIMS ON:
PUBLIC
BORROWERS
OTHER
PRIVATE
—MATURITY DIST. OF CLAIMS:
ONE YEAR
OVE3 ONE
OVER
AND UNDER TC 5 YEAPS 5 YEARS
650.9
74.6
183.9
205.4
190.8
129.9
284.1
3347.5
147.6
.0
6.1
4.6
.6
2.0
33.3
738.1
472.1
61-1
161.5
195.8
187.9
115.7
191.8
2115.9
31.1
13.5
16.3
5.0
2.3
12-2
54.0
493.4
323.9
39.2
140.7
69.7
61.1
73.0
142.4
1951.7
283.7
33.8
43.1
128.6
91.3
51.2
134.9
1176.7
43.2
1.6
.0
7.0
38.4
5.7
6.8
219.0
10560.1
1761.1
377.0
8215.4
4517.1
138.3
2577.0
.0
575.7
4565.6
4829.0
38116.8
9963.3
1679.1
40.6
7662.5
2401.8
66.4
22.4
.0
114.1
3052.2
4289.6
29292.3
18.4
33.1
25.0
81.0
63.4
8.1
114.9
.0
2.0
333.5
37.4
721.9
578.3
48.9
311.4
471.9
2046.9
63.7
2439.7
.0
459.6
1179.3
501.9
8102.5
9950.8
1711.9
233.5
8125.6
3397.2
114.6
931.7
.0
394.3
3793.6
4587.4
33241.0
156.1
26.2
101.8
80.2
615.0
19.6
1050.3
.0
140.1
541.0
168.1
2898.7
453.0
23.0
41.5
9.6
504.9
4.1
595.0
.0
41.3
230.9
73.5
1977.0
26.0
1.4
4.0
55.1
46.3
31.0
60.3
224. 1
.0
.0
.0
.0
.0
.0
.0
.0
26.0
1.4
4.0
55.1
46.3
31.0
60.3
224.1
.0
.0
.0
.0
.0
.0
.0
.0
4.9
.0
4.0
6.9
31.0
31.0
20.2
98.0
13.6
.4
.0
15.3
14.5
.0
10.8
54.6
7.5
1.0
.0
32.9
.8
.0
29.3
71.5
147437.4
44090.2
74658.6
193389.4
53193.0
196C3.8
266186.3
PAGE 1
TABLE II CBOSS-BCBDEB AND NON-LOCAL CUBBEHCY CLAIMS ON FOREIGNERS BY COUNTRY OF GUBABANTOR: JUNE 1980
(IN MILLIONS CF DOLLARS)
COUNTBY
G-10 AND SWITZERLAND
BELGIUM-LUXEHBOUBG
CANADA
FRANCE
GERMANY, EEDEBAL HEPUBLIC OF
ITALY
JAPAN
NETHERLANDS
SWEDEN
SWITZERLAND
UNITED KISGDCH
10TAIS
TOTAL CLAIMS
(BY RESIDENCE)
10983.0
7844.3
11467.9
6983.4
4722.8
17999.4
3860.7
2863.2
2955.8
42918.3
112599.2
CLAIMS GUARANTEED
BY BESIDENTS OF
OTHER COUNTRIES
ON BANKS ON OTHERS
3011.1
219.5
2029.9
267.0
253.0
348.3
393.5
90.5
174.1
20340.9
27128.0
TOTAL CLAIMS
LESS GUARANTEED
CLAIMS
CLAIMS ON RESIDENTS
OF OTHER COUNTRIES
GUABANTEED BY RESIDENTS
OE THIS CCUNTBY
ON OTHERS
CN BANKS
TOTAL CLAIMS
BY COUNTRY OF
GUARANTOR
259.5
681.2
115.9
504.3
207.2
207.6
224.5
5.0
330.1
1995.3
4531.0
7712.3
6943.5
9322.0
6212.1
4262.5
17443.5
3242.7
2767.7
2451.6
20582.0
80940.2
306.9
3928.3
4170.1
4518.1
1027.3
8653.4
889.2
62.3
1097.0
2062.5
26715.6
438.4
837.0
716.2
919.6
249.1
1412.3
281.9
205.0
413.3
1118.3
6591.6
8457.8
11708.9
14208.4
11649.8
5539.0
27509.4
4413.9
3035.0
3961.9
23763.0
114247.5
NON G-10 DEVELOPED COONTBIES
AUSTRALIA
AUSTRIA
DENMARK
FINLAND
GREECE
ICELAND
IRELAND, REPUBLIC CF
NEW ZEALAND
NORWAY
PORTUGAL
SOOTH AFRICA
SPAIN
TURKEY
OTHER
1GTALS
1464.8
1492.3
2418.5
1403.1
2358,7
178.6
986.1
335.7
2338.7
680.2
1368.0
4252.2
1493.2
499.9
21270-6
40.8
45.7
40.3
20.2
47.0
•0
49.1
5.0
37.1
17.0
.1
218.6
34.5
113.8
669.3
89.8
10.1
93.5
18.0
98.8
21.0
60.4
9.0
96.1
6.5
83.6
241.5
53.0
91-7
973.4
1334.2
1436.5
2284.6
1364.9
2212.9
157.6
876.6
321.5
2205.5
656.7
1284.2
3791.9
1405.6
294.4
19627.8
683.5
8.0
136.7
78.6
4.0
.0
276.8
61.2
57.1
201.9
70.8
494.2
12.0
10.0
2095.0
56.1
19.6
112.2
21.2
133.2
.0
30.8
26.5
163.0
18.3
2.0
29.6
2.9
.0
615.8
2073.9
1464.1
2533.6
1464.7
2350.2
157.6
1184.2
409.4
2425.7
876.9
1357.1
4315.8
1420.6
304.4
22338.8
EASTERN EUBCPE
ALBANIA
BULGARIA
CZECHOSLOVAKIA
GERMAN DEMOCRATIC BEPUBLIC
HUNGABY
POLAND
ROMANIA
U.S.S.B.
YUGOSLAVIA
1CTALS
.0
540.7
171.6
1332.1
964.0
1743.6
400.7
548.7
2208.1
7909.8
.0
4.0
.0
9.0
.0
141.1
50.0
54.0
10.1
268.3
.0
.0
.0
2.0
16.0
185.0
.0
30.9
129.7
363.7
.0
536.7
171.6
1321.1
948.0
1417.4
350.7
463.7
2068.2
7277.7
.0
4.5
11.0
121.0
.0
3.0
.0
59.5
.8
199-8
.0
.0
.0
20.2
.0
1.0
.0
.7
23.5
45.5
.0
541.2
182.6
1462.3
949.0
1421.4
350.7
524.0
2092.6
7523.1
OIL EXPOBTIKG CCUNIBIES
ALGERIA
ECUADOR
GABON
INDONESIA
IRAN
1669.4
1752.1
245.1
1984.0
772.9
2.0
2.3
.1
4.0
1.0
222.1
65.9
25.8
275.3
25.4
1445.3
1683.8
219-1
1704.7
746.5
.0
3.0
.0
15.0
.0
1.0
17.5
.0
32-9
6.0
1446.3
1704.3
219.2
1752.6
752.6
PAGE 2
TABLE II CROSS-BORDER AND NON-LOCAL CURRENCY CLAIMS ON FOREIGNERS BY COUNTRY OF GURARANTOP: JUNE 1980
(IN MILLIONS OF DOLLARS)
COUNTRY
OIL EXPCRTIKG COUNTRIES
IRAQ
KUWAIT
LIEYA
NIGERIA
QATAR
SAUDI AfiAEIA
UNITED ARAB EMIRATES
VENEZUELA
TOTALS
TOTAL CLAIMS
(BY RESIDENCE)
CLAIMS GUARANTEED
EY 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
CN EANKS
TOTAL CLAIMS
BY COUNTRY OF
GUARANTOR
113.7
910.9
80.7
803.4
62.6
1734.7
1413.6
8313.7
19857.3
.0
1.0
3-0
.0
.0
.0
162.0
23.0
198.4
.0
19.0
.0
18.7
10.0
44.1
108.6
444.9
1260.0
113.7
890.9
77.7
784.7
52.6
1690.6
1143.0
7845.7
18398.8
.0
34.0
5.0
.0
24.2
257.9
19.4
23.0
381.5
1.0
31.9
8.5
5.0
4.3
67.0
45.0
25.1
245.5
114.7
956.8
91.2
789.7
81.1
2015.6
1207.4
7893.9
19025.9
NON-OIL EXP DEV CCUNTRIES-LATIN AM & CARIBBEAN
5643.7
ARGENTINA
479,9
BOLIVIA
BRAZIL
13991.8
2645.9
CHILE
2128.5
CCLOMEIA
618.7
COSTA RICA
419.0
DOMINICAN REPUBLIC
117.2
El SALVADOR
359.4
GUATEMALA
268.0
HONDURAS
JAMAICA
215.9
MEXICO
12760.3
NICARAGUA
397.3
PARAGUAY
154.5
PERU
1476.2
74.8
TRINIDAD AKD TOBAGO
URUGUAY
338.2
891.6
OTHER
1CTAIS
42981.8
86.1
7.4
43.4
3.0
5.8
3.0
16.0
.0
.0
1.7
5.0
51.0
.0
.0
.3
.0
8.1
682.2
913.2
186.7
15.0
784.6
37.7
76.9
32.3
21.5
10.7
31.1
18.3
19.3
549.3
5.1
14.2
60.2
5.1
11.1
45.3
1925.6
5370.8
457.4
13163.7
2605.2
2045.7
583.3
381.4
106.5
328.2
247.9
191.1
12160.0
392.1
140.3
1415.7
69,7
319.0
164.1
40142.9
430.6
2.0
1529.5
16.0
265.7
.0
.0
1.0
.0
2.0
6.0
397.2
.0
.0
6.0
.0
5.5
8.0
266S.7
26.4
2.9
151.7
5.1
33.4
2.6
.0
3.1
7.4
3.0
2.0
72.2
2.5
1.0
3.8
32.0
.4
2.2
352.1
5827.9
462.4
14845.0
2626.3
2344.9
585.9
381.4
110.6
335.6
252.9
199.1
12629.5
394.7
141.3
1425.5
101.7
325.0
174.3
43164.8
NON-CIL EXP DEV CCUNTRIES-ASIA
CHINA,MAIKLANE
TAIWAN
INDIA
ISRAEL
JORDAN
KOREA, SOCIH
MALAYSIA
PAKISTAN
PHILIPPINES
SYRIA
THAILAND
OTHER
TCTALS
•0
131.0
2.0
41.1
2. 1
164.3
1.3
2.5
414.6
.0
56.1
24.1
839.2
4.0
154.2
7.6
16.0
.0
224.0
14.3
5.0
131.0
.0
39.4
51.2
647.0
109.1
3692.4
213.1
1196.4
112.7
6500.8
439.3
133.7
3980.0
16.8
1560.8
436.9
18392.5
125.3
37.4
97.1
381.6
79.4
342.4
151.6
19. 1
16.0
•Q
124.1
52.0
1426. 1
.0
82.8
10.0
5.6
.0
330.6
4.8
1.2
23.0
.0
15.0
46.0
519.2
234.4
3812.6
320.2
1583.6
192.1
7174.0
595.7
154.0
4019.1
16.8
1700.0
534.9
20337.9
113.2
3977.6
222.7
1253.5
114.8
6889.3
455.0
141.3
4525.6
16.8
1656.4
512.2
19878.8
PAGE 3
TABLE II CBOSS-BOBDEB AMD NON-LOCAL CDBBEHCY CLAIMS OH FOBEIGNEBS BY CCUMTRY OF GUHARANTOR: JDHE 1980
(18 MILLIONS OF DCLLABS)
CODHTBT
NON-OIL EXP DEV CCUHTBIES-AFBICA
CAHEBOCH
EGYPT
GHANA
I¥OBY CCAS1
KEHYA
MALAWI
HCBOCC
SEHEGAL
SUDAN
TUNISIA
ZAIRE
ZAMBIA
OTHEB
TCXALS
OFFSHOBE EAKKIHG CEHTEBS
BAHAMAS
BAHRAIN
BERMUDA
BRITISH VEST INDIES
HCHG KONG
LEBANON
LIBERIA
MACAO
NETHERLANDS ANTILLES
PANAMA
SINGAPORE
10TALS
INTERNATIONAL S BEGICNAL ORGANIZATIONS
AFRICAN BEGICNAL
ASIAN REGIONAL
E. EUROPEAN REGIONAL
INTERNATIONAL
LATIN AMERICAN BEGICNAL
MIDDLE EASTERN BEGICNAL
W. EUROPEAN REGIONAL
ICTALS
*•*• GRAND ****
•• TOTALS •*
OTAL CLAIMS
Y RESIDENCE)
101.5
702.4
12.1
480.7
207.0
123.6
650.9
74.6
183.9
205.4
190.8
129.9
284.1
3347.5
CLAIMS GUARANTEED
BY RESIDENTS OF
OTHEB COUNTRIES
ON BANKS ON OTHERS
•0
37.0
•0
.4
2.0
.0
.0
.0
.0
.5
.0
.0
9.0
48.9
TOTAL CLAIMS
LESS GUARANTEED
CLAIMS
CLAIMS OH BBSIDENTS
OF CTHBB COUNTRIES
GUARANTEED BY BESIDEHTS
OF THIS COUNTRY
OH OTHEBS
OH BAHKS
TOTAL CLAIMS
BY COUHTBY OF
GUABAHTOB
22.2
40.1
.0
49.5
13.5
.0
23.3
19.3
44.4
26.0
106.2
22.6
61.7
429.0
79.3
625.2
12.1
430.7
191.5
123.6
627.6
55.2
139.5
178.9
84.6
107.3
213.4
2869.4
.0
11.1
.0
.0
3.0
.0
15.0
•0
2.0
.0
.0
.0
.0
31.1
.0
17.8
.0
.0
17.0
2.0
8.0
.4
1.0
2.0
.0
5.0
.4
53.6
79.3
654.1
12.1
430.7
211.5
125.6
650.6
55.7
142.5
180.9
84.6
112.3
213.8
2954.2
10560.1
1761.1
377.0
8215.4
4517.1
138.3
2577.0
.0
575.7
4565.6
4829.0
38116.8
8916.7
1329.5
11.6
6856.0
1606.9
.1
1.2
.0
54.1
2370.9
3648.5
24795.9
68.8
20.0
107.9
82.2
394.0
1-1
1447.1
.0
229.4
508.8
97.9
2957.3
1574.6
411.5
257.5
1277.1
2516.1
137.1
1128.7
.0
292.2
1685.8
1082.5
10363.5
9.5
23.8
.0
8.5
118.9
1.0
2.0
.0
•Q
14.8
38.2
216.7
80.4
.0
96.5
8.3
275.6
.0
83.5
.0
20.0
119.1
43.1
726.6
1664.5
435.3
354.0
1294.0
2910.7
138.1
1214.2
.0
312-2
1819.7
1163.8
11306.9
26.0
1.4
4.0
55.1
46.3
31-0
60.3
224.1
.0
.0
.0
.0
•0
.0
.0
.0
.0
.0
.0
.0
17.0
.0
.0
17.0
26.0
1.4
4.0
55.1
29.3
31.0
60.3
207.1
.0
.0
.0
.0
.0
.0
.0
.0
2.7
.0
.0
.0
4.7
•0
•0
7.4
28.7
1.4
4.0
55.1
34.0
31.0
60.3
214.5
13104.3
198220.3
33735.9
266186.3
54861.6
9157.7
241113.9
TABLE I I I
CROSS ECBEER AND NCN-LOCAL CURBENCY CONTINGENT CLAIMS: JUNE
(IN MILLIONS OF DOLLARS)
COMMITMENTS TO ADVANCE FUNDS
(BY COUNTRY OF RESIDENCE)
TO PUBLIC TO OTHER
TOTAL BORROWERS
BORROWERS
G-10 AND SWITZERLAND
EElGIUM-LUXEMBOURG
CANADA
FRANCE
GERMANY, JEDERAL REPUBLIC OF
ITALY
JAPAN
NETHERLANDS
SWEDEN
SWIIZERLAKD
UNITED KINGDOM
TOTALS
965.5
2447.9
4158.5
2263.6
1599.C
3849.8
1480.9
2036.7
2605.9
6857.1
28265.4
224.8
1511.3
877.5
98.6
428.6
91.0
426.7
258.4
38.5
773.6
4729.1
740.7
936.6
3281.0
2165.0
1170.4
3758.7
1054.2
1778.3
2567.4
6083.4
23536.2
NON G-10 DEVELOPED COUNTRIES
AUSTRALIA
AUSTRIA
DENMARK
FINLAND
GREECE
ICELAND
IRELAND, REPUBLIC OF
NEW ZEALAND
NORWAY
PORTUGAL
SOUTH AFRICA
SPAIN
TURKEY
OTHER
1CTALS
1389.2
397.8
1148.6
1157.2
1047.7
25.1
371.1
270.2
1061.2
406.2
389.3
1180.4
204.0
177.3
9225.8
153.3
148.2
110.6
655.0
225.7
25.0
84.6
53.9
176.1
61.2
76.9
237.9
141.5
26.0
2175.S
1235.9
249.6
1038.0
502.2
822.0
EASTERN EUROPE
ALBANIA
BULGARIA
CZECHOSLOVAKIA
GERMAN DEMOCRATIC REPUBLIC
HUNGARY
PCLANE
ROMANIA
U.S.S.R.
YUGOSLAVIA
TOTALS
6.1
22.9
30.3
166.5
58.1
856.9
261.9
253.8
622.2
2278.3
.0
2.8
12.3
17.5
54.1
535.0
195.6
134.8
39.5
991.8
798.6
576.5
45.7
932.3
104.5
199.3
467.5
232.5
39.9
320.1
35.5
109.6
OIL EXPORTING COUNTRIES
ALGERIA
ECUADOR
GAEON
INDONESIA
IRAN
IRAQ
COMMITMENTS
GUARANTEED
RESIDENTS OF
OTHER COUNTRIES
170.5
75.8
59.8
44. 6
70.6
91.3
218.0
139.9
388.3
922. 1
2181.0
122.2
14.0
20.C
1980
PAGL 1
CCMMITMENIS TO
RESIDENTS OF OTHER
COUNTRIES GUARANTEED
EY RESIDENTS CF
THIS COUNTRY
81.7
144.4
559.9
229.0
160.4
378.1
123.6
39.4
20 0.9
877.0
2794.9
101.1
15.5
44.0
.0
3.4
114.4
31.8
.1
.0
286.5
216.3
885.1
345.0
312.4
942.5
62.5
151.3
7049.8
117. 1
6.1
2.0
.0
4.4
.0
75.6
111.4
2.5
7.0
1.0
4.4
2.0
.0
27.8
91. 1
38.8
12. 1
637.7
.0
.0
3.0
1.4
.0
326.1
321.8
66.3
119.0
582.6
1287.0
479.6
106.C
.0
.0
.0
6.0
.0
3.0
.0
9.8
61.0
331.1
344.0
169.8
20.1
18.0
149.0
4.0
36.2
636. 1
5.7
6.9
4.7
612.2
69.0
89.7
116.2
40.6
10.0
5.6
75.6
4.0
6.3
.0
35.5
.0
.0
TOTAL COWM.
EY COUNTRY OF
GUARANTOR
876.7
2516.6
4656.7
2448.1
1688.9
4136.6
1386.5
1936.2
2418,5
6812.0
28879.3
1368. 1
399.3
1172.7
1160.6
965. 1
25.1
258.4
268.2
1096.9
410.7
362.5
1093.6
167.2
165.1
8914.2
6. 1
22.9
27.3
171. 1
58.1
380. 3
155.8
305.0
591.5
1718.3
632.8
575.9
40.9
851.6
63.9
189.3
PAGE 2
TABLE III CROSS EORDER AND NON-LOCAL CURRENCY CONTINGENT CLAIMS: JUNE 1980
(IN MILLIONS OF DOLLARS)
COMMITMENTS TO ADVANCE FUNDS
(BY COUNTRY OF RESIDENCE)
TO PUBLIC TO OTHEB
TOTAL BORROWERS
BORROWERS
OIL EXPORTING COUNTRIES
KUWAIT
LIEYA
NIGERIA
QATAR
SAUDI ARAEIA
UNITED ARAB EMIRATES
VENEZUELA
TOTALS
COMMITMENTS
GUARANTEED
RESIDENTS OF
OTHER COUNTRIES
COMMITMENTS TO
RESIDENTS OF OTHER
COUNTRIES GUARANTEED
EY RESIDENTS OF
THIS COUNTRY
TOTAL COMM.
BY COUNTRY OF
GUARANTOR
238.9
174.5
474.2
95.0
14*4.1
332.0
2769.8
8205.8
13.2
23.5
225.3
45.5
145.6
64.8
844.4
2567.7
225.6
151.0
248.9
49.5
1318.4
267.1
1925.3
5638.1
2.0
20.0
46.3
16.0
125.6
50.4
63.8
672.5
8.1
4.0
.0
5.3
85.8
17.3
27.2
193.6
245.0
158.5
427.9
84.3
1424.3
298.9
2733.2
7726.9
NON-CIL EXP DEV COUNTRIES-LATIN AM & CARIBBEAN
1243.1
ARGENTINA
90.1
BOLIVIA
BRAZIL
2042.8
806.1
CHILE
COLOMBIA
910.5
170.4
COSTA RICA
110.5
DOMINICAN REPUBLIC
30.1
El SALVADOR
GUATEMALA
133.8
HONDURAS
82.7
JAMAICA
30.3
3859.0
MEXICO
29.4
NICARAGUA
PARAGUAY
60.0
PERU
547*1
TBINIDAD AND TOBAGO
271.5
URUGUAY
134.0
169.4
OTHER
TOTALS
10721.8
445.1
45.2
931.7
312.5
298.9
83.0
61.5
5.0
36.8
33.8
21.9
1413.2
12.1
10.1
301.3
194.5
86.1
76. 1
4369.2
798.0
44.9
1111.1
493.6
611.5
87.4
49.0
25.1
97.0
48.9
8.4
2445.8
17.3
49.9
245.8
77.0
47.8
93.3
6352.5
31.9
4.9
302.4
66.7
34.4
19.0
2.3
12.0
7.8
4.6
8.4
135. 1
11. 1
5.4
109.0
9.5
.0
1.6
766.7
18.5
.0
40.3
3.0
9.0
2.1
.0
.0
12.1
2.0
.0
10.5
•0
.0
.5
.0
2.8
.0
100.9
1229.7
85.2
1780.7
742.4
885,0
153.5
108.2
18. 1
138.1
80.1
21.9
3734.4
18.3
54.6
438.6
262.0
136.8
167.8
10056,0
65.3
935.5
64.5
25.7
140.0
704.6
125.7
61.6
951.8
.0
146.1
11.2
30. 1
20.3
430.8
14.4
66.4
190.2
8.2
51.5
77.5
1047.C
.0
18.3
8.3
10.0
11.0
90.1
1.0
14.1
3.0
.0
18.8
1.0
175.7
116.5
1903.1
349.0
348.3
209.7
2224.9
414.8
185.5
1622.3
94.2
657.7
516.8
8643.2
.0
14.0
83.9
624.2
NON-OIL EXP DEV COUNTRIES-ASIA
CHINA,MAIKLANE
TAIWAN
INDIA
ISRAEL
JORDAN
KOREA, SODTH
MALAYSIA
PAKISTAN
PHILIPPINES
SYRIA
THAILAND
OTHER
TOTALS
NON-OIL EXP DEV COUNTRIES-AFRICA
CAMEROON
EGYPT
116.5
2030.9
351.9
368.4
218.9
2565.6
428.2
237.8
1809.5
102.4
690.5
593.3
9514.5
194.3
189.1
3465.7
51.2
1095.4
287.3
342.6
78.9
1861.0
302.5
176.2
857.7
95.2
496.1
404.2
6048.8
104.6
706.5
88.8
218.4
15.8
488.0
7.2
20.7
96.3
TABLE I I I CROSS BORDER AND NCN-LOCAL CURRENCY CONTINGENT CLAIMS: JUtfE
(IN MILLIONS OF DOLLARS)
COMMITMENTS TO ADVANCE FUNDS
(BY COUNTRY OF RESIDENCE)
TO PUBLIC TO OTHER
TOTAL BORROWERS BORROWERS
COMMITMENTS
GUARANTEED
RESIDENTS CF
OTHER COUNTRIES
PAGE 3
1980
COMMITMENTS TO
RESIDENTS OF OTHER
COUNTRIES GUARANTEED
EY RISIDENTS OF
THIS COUNTRY
TOTAL COMM.
BY COUNTRY OF
GUARANTOR
NON-CIL EXP DEV COUNTRIES-AFRICA
GHANA
IVORY COAST
KENYA
MALAWI
MCROCC
SENEGAL
SUDAN
TUNISIA
ZAIRE
ZAMBIA
OTHER
TOTALS
49.8
195.3
131.5
29.0
126.7
34.2
61.6
102.9
40.8
120.8
339.1
2043.0
20.0
144.1
77.8
2.0
12.6
25.2
28.6
44.3
30.6
68.0
158.7
919.1
29.8
51.2
53.7
27.0
114.1
9.0
33.0
58.6
10.2
52.8
180.4
1123.8
2.0
69.4
10.0
1.0
11.1
6.0
1.3
5. 1
26.0
42.0
58.5
349.5
1.0
.3
.0
.0
.0
.0
.0
.0
.0
.0
7.3
22.6
OFFSHORE EAKKING CENTERS
BAHAMAS
BAHRAIN
BERMUEA
BRITISH WEST INDIES
HCNG KCNG
LEBANON
LIBERIA
MACAO
NEIHERLANES ANTILLES
PANAMA
SINGAPORE
TOTALS
200.5
27.2
793.3
139.5
1504.2
231.6
435.2
27.1
271.3
434.4
671.7
4736.4
5.0
.0
5.4
2.0
205.2
20.5
27.6
.0
1.1
76.9
94.9
438.6
195.5
27.2
787.9
137.5
1299.0
211.1
407.6
27.1
270.2
357.5
576.8
4297.7
33.0
1.0
345.7
18. 4
434.0
16.5
196.4
4.0
114.9
75.4
176.4
1415.6
60.0
14.4
2.0
24.0
103.3
24.0
17.5
4.0
98.0
49.4
14.0
410.6
227.5
40.6
449.6
145.1
1173.6
239. 1
256.3
27. 1
254.4
408.4
509.2
3731.2
17.0
.0
.0
5.0
41.7
.0
.0
63.7
17.0
.0
.0
5.0
25.7
.0
.0
47.7
.0
.0
.0
.0
16.0
.0
.0
16.0
.0
.0
.0
.0
7.0
.0
.0
7.0
.0
.0
.0
5.0
70.3
.0
.0
75.4
17.0
.0
.0
10.0
105.0
.0
.0
132. 1
75055.6
19705.2
55350.4
7713.1
U175.6
INTERNATIONAL S REGIONAL ORGANIZATIONS
AFRICAN REGIONAL
ASIAN REGIONAL
£• EUROPEAN REGIONAL
INTERNATIONAL
LATIN AMERICAN REGIONAL
MIDDLE EASTERN REGIONAL
W. EUROPEAN REGIONAL
TOTALS
**** GRAND ****
** TOTALS **
48.8
126.2
121.5
28.0
115.6
28.2
60.3
97.8
14.8
78.8
287.8
1716.1
71517.6
@FedFRASER