Statistical release: BIS international banking statistics and global liquidity indicators at end-December 2023

In Q4 2023, cross-border claims fell by $377 billion as banks in several advanced economies (AEs) reported lower derivatives claims on the United Kingdom, a centre for derivatives clearing. The outstanding stock settled at $39 trillion. Cross-border credit (ie loans plus holdings of debt securities), however, grew by $319 billion in Q4, driven by lending to non-banks. Banks in Japan reported higher claims on the non-financial sector in the United States. Cross-border dollar credit recovered in 2023, after having declined during the Federal Reserve’s policy tightening and dollar appreciation in 2022. Credit to emerging market and developing economies (EMDEs) increased by $30 billion in Q4 2023, mostly driven by an expansion in renminbi credit. The BIS global liquidity indicators (GLIs) show a slight drop in US dollar-denominated foreign currency credit overall in Q4 2023; US dollar credit to EMDEs, however, grew by $12 billion.


This information was gathered from the Bank for International Settlements


The Bank for International Settlements (BIS) is an international financial institution which is owned by member central banks. Its primary goal is to foster international monetary and financial cooperation while serving as a bank for central banks. With its establishment in 1929, its initial purpose was to oversee the settlement of World War I war reparations.  Last updated from Wikipedia 2024-05-30T21:50:58Z.
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Recently updated charts from the most popular data releases according to the Federal Reserve Economic Database (FRED).