Arab Today, arab today international lending shows smallest growth in 13 years
Last Updated : GMT 08:52:09
Arab Today, arab today
Arab Today, arab today

‘Central bank of central banks’ records 1% increase

International lending shows smallest growth in 13 years

Arab Today, arab today

Arab Today, arab today International lending shows smallest growth in 13 years

New Bank for International Settlements (BIS) reports show modest gains
Zurich – Arabstoday

New Bank for International Settlements (BIS) reports show modest gains Zurich – Arabstoday Cross-border lending saw its smallest growth in 13 years in the third quarter of 2012, according to a report published on Sunday by the Bank for International Settlements (BIS), AFP has reported. Between June and September last year, the cross-border lending of banks that report to BIS rose by just $33bn, or 0.1 percent, from the previous quarter.
The BIS, which is sometimes dubbed the central bank of central banks, explained in its quarterly report that the modest increase was driven by lending to non-banks, especially in dollars, British pounds and non-major currencies, which rose by $153bn, or 1.4 percent.
That positive development was however countered by a fall of $120bn, or 0.7 percent, in cross-border lending to banks.
"Claims denominated in euros fell the most, by $127bn," or 3.6 percent, BIS said.
In its report, the BIS meanwhile noted that cross-border lending had picked up slightly in developed economies, after three consecutive years of contracting.
Britain and the non-banking sector in the United States saw the biggest boost, while international lending shrank in nearly every country within the crisis-hit eurozone.
The BIS also pointed out in a statement that "strong demand from foreign investors led to a surge of activity in emerging corporate bond markets in 2012 and early 2013."
It said that statistics on international debt securities showed that the stock of both financial and non-financial companies headquartered in emerging economies ran to more than $1.6tn by the end of last year.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today international lending shows smallest growth in 13 years Arab Today, arab today international lending shows smallest growth in 13 years

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today international lending shows smallest growth in 13 years Arab Today, arab today international lending shows smallest growth in 13 years

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أخبار الأعمال
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday