IDEAS home Printed from https://ideas.repec.org/a/bis/bisqtr/2409e.html
   My bibliography  Save this article

International finance through the lens of BIS statistics: bank exposures and country risk

Author

Listed:
  • Bryan Hardy
  • Patrick McGuire
  • Goetz von Peter

Abstract

The BIS consolidated banking statistics (CBS) are one of the few data sets to provide banks' consolidated exposures to individual countries. The consolidated perspective shifts the focus from where banking activity takes place to who drives this activity and bears the risks. Originating after the Latin American debt crisis of the 1980s, the CBS provide the most comprehensive measures of banks' consolidated exposures to countries and sectors. They have helped policymakers, market participants and researchers understand bank exposures, country risk, and how financial stresses spill over from one country to another.

Suggested Citation

  • Bryan Hardy & Patrick McGuire & Goetz von Peter, 2024. "International finance through the lens of BIS statistics: bank exposures and country risk," BIS Quarterly Review, Bank for International Settlements, September.
    • Handle: RePEc:bis:bisqtr:2409e
    as

    Download full text from publisher

    File URL: http://www.bis.org/publ/qtrpdf/r_qt2409e.pdf
    Download Restriction: no
    File URL: http://www.bis.org/publ/qtrpdf/r_qt2409e.htm
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Aldasoro, Iñaki & Hardy, Bryan & Jager, Maximilian, 2022. "The Janus face of bank geographic complexity," Journal of Banking & Finance, Elsevier, vol. 134(C).
    2. Catherine Casanova & Bryan Hardy & Mert Onen, 2021. "Covid-19 policy measures to support bank lending," BIS Quarterly Review, Bank for International Settlements, September.
    3. Han Qiu & Dora Xia & James Yetman, 2024. "Deconstructing global trade: the role of geopolitical alignment," BIS Quarterly Review, Bank for International Settlements, September.
    4. Pablo Garcia Luna & Bryan Hardy, 2019. "Non-bank counterparties in international banking," BIS Quarterly Review, Bank for International Settlements, September.
    5. Stefan Avdjiev & Bat-el Berger & Hyun Song Shin, 2021. "Gauging Procyclicality and Financial Vulnerability in Asia through the BIS Banking and Financial Statistics," World Scientific Book Chapters, in: Steven J Davis & Edward S Robinson & Bernard Yeung (ed.), THE ASIAN MONETARY POLICY FORUM Insights for Central Banking, chapter 6, pages 224-262, World Scientific Publishing Co. Pte. Ltd..
    6. Patrick McGuire & Philip Wooldridge, 2005. "The BIS consolidated banking statistics: structure, uses and recent enhancements," BIS Quarterly Review, Bank for International Settlements, September.
    7. Robert N McCauley & Judith S Ruud & Philip Wooldridge, 2002. "Globalising international banking," BIS Quarterly Review, Bank for International Settlements, March.
    8. Inaki Aldasoro & Torsten Ehlers, 2017. "Risk transfers in international banking," BIS Quarterly Review, Bank for International Settlements, December.
    9. Stefan Avdjiev & Patrick McGuire & Philip Wooldridge, 2015. "Enhanced data to analyse international banking," BIS Quarterly Review, Bank for International Settlements, September.
    10. Pamela Pogliani & Philip Wooldridge, 2022. "Cross-border financial centres," BIS Working Papers 1035, Bank for International Settlements.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Nihad Aliyev & Matteo Aquilina & Khaladdin Rzayev & Sonya Zhu, 2024. "Through stormy seas: how fragile is liquidity across asset classes and time?," BIS Working Papers 1229, Bank for International Settlements.
    2. Bryan Hardy & Patrick McGuire & Goetz von Peter, 2024. "International finance through the lens of BIS statistics: the geography of banks' operations," BIS Quarterly Review, Bank for International Settlements, December.
    3. Nissinen, Juuso, 2024. "Cross-country spillover effects of interest rate and credit constraint policies," Finance Research Letters, Elsevier, vol. 66(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Inaki Aldasoro & Wenqian Huang & Esti Kemp, 2020. "Cross-border links between banks and non-bank financial institutions," BIS Quarterly Review, Bank for International Settlements, September.
    2. Stefan Hohl & Patrick McGuire & Eli Remolona, 2006. "Cross-Border Banking in Asia: Basel II and Other Prudential Issues," World Scientific Book Chapters, in: Gerard Caprio Jr & Douglas D Evanoff & George G Kaufman (ed.), Cross-Border Banking Regulatory Challenges, chapter 8, pages 87-107, World Scientific Publishing Co. Pte. Ltd..
    3. Agustín Bénétrix & Lorenz Emter & Martin Schmitz, 2024. "Automatic for the (tax) people: information sharing and cross-border investment in tax havens," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 39(120), pages 853-895.
    4. Georgios Fotopoulos & Helen Louri, 2011. "On the Geography of International Banking: a case for spatial econometrics?," ERSA conference papers ersa10p1081, European Regional Science Association.
    5. Mary Amiti & Patrick McGuire & David E. Weinstein, 2017. "Supply- and Demand-side Factors in Global Banking," NBER Working Papers 23536, National Bureau of Economic Research, Inc.
    6. McQuinn, Kieran, 2018. "Capacity constraints in the Irish economy? A partial equilibrium approach," Research Notes RN20180401, Economic and Social Research Institute (ESRI).
    7. Paolo Acciari & Facundo Alvaredo & Salvatore Morelli, 2024. "The Concentration of Personal Wealth in Italy 1995–2016," Journal of the European Economic Association, European Economic Association, vol. 22(3), pages 1228-1274.
    8. Gopinath, Gita & Gourinchas, Pierre-Olivier & Presbitero, Andrea F. & Topalova, Petia, 2025. "Changing global linkages: A new Cold War?," Journal of International Economics, Elsevier, vol. 153(C).
    9. Simoens, Mathieu & Vander Vennet, Rudi, 2022. "Does diversification protect European banks’ market valuations in a pandemic?," Finance Research Letters, Elsevier, vol. 44(C).
    10. Luis Fernández Lafuerza & Matías Lamas & Javier Mencía & Irene Pablos & Raquel Vegas, 2023. "Analysis of the usability of capital buffers during the crisis precipitated by COVID-19," Occasional Papers 2223, Banco de España.
    11. Christian Dembiermont, 2015. "The construction of long time series on credit to the private and public sector," IFC Bulletins chapters, in: Bank for International Settlements (ed.), Indicators to support monetary and financial stability analysis: data sources and statistical methodologies, volume 39, Bank for International Settlements.
    12. Mr. Robert M Heath & Evrim Bese Goksu, 2016. "G-20 Data Gaps Initiative II: Meeting the Policy Challenge," IMF Working Papers 2016/043, International Monetary Fund.
    13. Demir, Müge & Önder, Zeynep, 2019. "Financial connectivity and excessive liquidity: Benefit or risk?," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 62(C), pages 203-221.
    14. Nina Boyarchenko & Leonardo Elias & Philippe Mueller, 2019. "Corporate Credit Provision," Staff Reports 895, Federal Reserve Bank of New York.
    15. Sheri Markose & Simone Giansante & Nicolas A. Eterovic & Mateusz Gatkowski, 2023. "Early warning of systemic risk in global banking: eigen-pair R number for financial contagion and market price-based methods," Annals of Operations Research, Springer, vol. 330(1), pages 691-729, November.
    16. Iñaki Aldasoro & Torsten Ehlers, 2018. "The geography of dollar funding of non-US banks," BIS Quarterly Review, Bank for International Settlements, December.
    17. Argimón, Isabel & Ortiz, Elena Fernández & Rodriguez-Moreno, Maria, 2020. "Retrenchment of euro area banks and international banking models," ESRB Working Paper Series 112, European Systemic Risk Board.
    18. Figuet, Jean-Marc & Humblot, Thomas & Lahet, Delphine, 2015. "Cross-border banking claims on emerging countries: The Basel III Banking Reforms in a push and pull framework," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 34(C), pages 294-310.
    19. Bank for International Settlements, 2003. "Guide to the international financial statistics," BIS Papers, Bank for International Settlements, number 14.
    20. Stefan Avdjiev & Bryan Hardy & Şebnem Kalemli-Özcan & Luis Servén, 2022. "Gross Capital Flows by Banks, Corporates, and Sovereigns," Journal of the European Economic Association, European Economic Association, vol. 20(5), pages 2098-2135.

    More about this item

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bis:bisqtr:2409e. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Martin Fessler (email available below). General contact details of provider: https://edirc.repec.org/data/bisssch.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.