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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
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    References listed on IDEAS

    as
    1. 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..
    2. Aldasoro, Iñaki & Hardy, Bryan & Jager, Maximilian, 2022. "The Janus face of bank geographic complexity," Journal of Banking & Finance, Elsevier, vol. 134(C).
    3. Stefan Avdjiev & Patrick McGuire & Philip Wooldridge, 2015. "Enhanced data to analyse international banking," BIS Quarterly Review, Bank for International Settlements, September.
    4. Catherine Casanova & Bryan Hardy & Mert Onen, 2021. "Covid-19 policy measures to support bank lending," BIS Quarterly Review, Bank for International Settlements, September.
    5. Han Qiu & Dora Xia & James Yetman, 2024. "Deconstructing global trade: the role of geopolitical alignment," BIS Quarterly Review, Bank for International Settlements, September.
    6. Pablo Garcia Luna & Bryan Hardy, 2019. "Non-bank counterparties in international banking," BIS Quarterly Review, Bank for International Settlements, September.
    7. Patrick McGuire & Philip Wooldridge, 2005. "The BIS consolidated banking statistics: structure, uses and recent enhancements," BIS Quarterly Review, Bank for International Settlements, September.
    8. Robert N McCauley & Judith S Ruud & Philip Wooldridge, 2002. "Globalising international banking," BIS Quarterly Review, Bank for International Settlements, March.
    9. Inaki Aldasoro & Torsten Ehlers, 2017. "Risk transfers in international banking," BIS Quarterly Review, Bank for International Settlements, December.
    10. Pamela Pogliani & Philip Wooldridge, 2022. "Cross-border financial centres," BIS Working Papers 1035, Bank for International Settlements.
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    Cited by:

    1. 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.
    2. Nissinen, Juuso, 2024. "Cross-country spillover effects of interest rate and credit constraint policies," Finance Research Letters, Elsevier, vol. 66(C).
    3. 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.

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    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

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