Statistical Annex. The international banking market. Introduction to the BIS locational and consolidated international banking statistics...

Statistical Annex The international banking market Introduction to the BIS locational and consolidated international banking statistics... page A4 1 BIS reporting banks: Summary of international positions... A7 2 External positions of banks in individual reporting countries... A8 3 External loans and deposits of banks in individual reporting countries... A12 4 Local positions in foreign currency of banks in individual reporting countries... A14 5 Currency breakdown of reporting banks international positions... A16 6 External positions of reporting banks vis-à-vis individual countries... A20 7 External loans and deposits of reporting banks vis-à-vis individual countries... A36 8 International positions by nationality of ownership of reporting banks... A52 9 Consolidated claims of reporting banks on individual countries... A54 10 Signed international syndicated credit facilities by nationality of borrower... A82 Securities markets 11 International debt securities by residence of issuer... A85 12 International debt securities by nationality of issuer... A86 13 International debt securities by type, sector and currency... A90 14 International debt securities by residence of issuer... A92 15 International debt securities by nationality of issuer... A94 16 Domestic debt securities by sector and residence of issuer... A96 17 Debt securities with remaining maturity up to one year... A98 18 Announced international equity issues by nationality of issuer... A100 Derivatives markets 19 Amounts outstanding of over-the-counter (OTC) derivatives by risk category and instrument... A103 20 Amounts outstanding of OTC foreign exchange derivatives... A103 21 Amounts outstanding of OTC single-currency interest rate derivatives... A105 22 Amounts outstanding of OTC equity-linked and commodity derivatives... A106 23 Derivative financial instruments traded on organised exchanges by instrument and location... A108 Notes to tables... A110 BIS Quarterly Review, March 2006 A1

The international banking market 1 Introduction to the BIS locational and consolidated international banking statistics... page A4 1 BIS reporting banks: Summary of international positions... A7 2 External positions of banks in individual reporting countries A In all currencies vis-à-vis all sectors... A8 B In all currencies vis-à-vis the non-bank sector... A9 C In foreign currencies vis-à-vis all sectors... A10 D In foreign currencies vis-à-vis the non-bank sector... A11 3 External loans and deposits of banks in individual reporting countries A In all currencies vis-à-vis all sectors... A12 B In all currencies vis-à-vis the non-bank sector... A13 4 Local positions in foreign currency of banks in individual reporting countries A Vis-à-vis all sectors... A14 B Vis-à-vis the non-bank sector... A15 5 Currency breakdown of reporting banks international positions A Cross border positions vis-à-vis all sectors... A16 B Cross border positions vis-à-vis the non-bank sector... A17 C Cross border positions vis-à-vis official monetary institutions... A18 D Local positions in foreign currency vis-à-vis all sectors and vis-à-vis the non-bank sector... A19 6 External positions of reporting banks vis-à-vis individual countries A Vis-à-vis all sectors... A20 B Vis-à-vis the non-bank sector... A28 7 External loans and deposits of reporting banks vis-à-vis individual countries A Vis-à-vis all sectors... A36 B Vis-à-vis the non-bank sector... A44 8 International positions by nationality of ownership of reporting banks A Amounts outstanding... A52 B Estimated exchange rate adjusted changes... A53 9 Consolidated claims of reporting banks on individual countries A International and foreign claims by maturity and sector... A54 B Foreign claims by nationality of reporting banks, immediate borrower basis... A62 C Foreign claims by sector and type, ultimate risk basis... A70 D Foreign claims by nationality of reporting banks, ultimate risk basis... A74 10 Signed international syndicated credit facilities by nationality of borrower... A82 1 More detailed data and a full set of historical time series are available on the BIS website under http://www.bis.org/statistics/bankstats.htm. BIS Quarterly Review, March 2006 A3

Introduction to the BIS locational and consolidated international banking statistics The BIS collects and disseminates two different sets of international banking data, both based on information provided by banks. The first set of data is known as the locational statistics and is presented in Annex Tables 1 7 B. These statistics were originally introduced in 1964 to monitor the development of eurocurrency markets, although in practice comprehensive locational data are only available from 1977. The second set, known as the consolidated statistics, is shown in Annex Tables 9 A 9 D. They were launched in a comprehensive form in 1983 following the onset of the Mexican debt crisis, with the main purpose of monitoring industrial country banks exposure to developing countries. Once differences in reporting regimes are taken into account, the two sets of data may be used to complement one another in economic analysis. The basic characteristics of the two data sets are summarised in the table below. The locational reporting system collects quarterly data on the gross international financial claims and liabilities of banks resident in a given country. The main purpose of the statistics is to provide information on the role of banks and financial centres in the intermediation of international capital flows. The reporting system is currently comprised of 39 countries (see the table overleaf). The key organisational criteria are the country of residence of the reporting banks and their counterparties as well as the recording of all positions on a gross basis, including those vis-à-vis own affiliates. This methodology is consistent with the principles underlying the compilation of national accounts, balances of payments and external debt statistics. The currency detail supplied by the reporting countries allows the approximation of capital flows, adjusted for exchange rate fluctuations. The consolidated banking statistics report banks on-balance sheet financial claims (ie contractual lending) vis-à-vis the rest of the world and provide a measure of the risk exposures of lenders national banking systems. The data cover contractual (immediate borrower) and ultimate risk lending by the head office and all its branches and subsidiaries on a worldwide consolidated basis, net of inter-office accounts. Reporting of lending in this way allows the allocation of claims to the bank entity that would bear the losses as a result of default by borrowers. The consolidated statistics also provide information on the maturity (ie liquidity) and sector risk distribution of banks contractual lending. Furthermore, to reflect the fact that banks country risk exposure can differ substantially from that of contractual lending due to the use of risk mitigants such as guarantees and collateral, reporting countries provide information on claims on an ultimate risk basis (ie Data characteristics Locational (Tables 1 7 B) Consolidated (Tables 9 A 9 D) Creditor reporting basis Residence (host country) Nationality (home country) Number of reporting countries 39 30 Frequency Quarterly since 1977 Quarterly since March 2000 1 Reported data External claims and liabilities Worldwide consolidated claims Inter-office netting-out No Yes Type of counterparty Immediate borrower Immediate (contractual) and ultimate borrower Composition of claims by: Country of borrower Yes Yes Currency Yes No Type of instrument Yes (loans, deposits, securities) No Maturity No Yes Sector Yes (bank, non-banks) Yes (banks, non-banks, public) 1 Semiannual available since 1983. A4 BIS Quarterly Review, March 2006

contractual claims net of guarantees and collateral) since 1999. A finer breakdown of BIS reporting banks foreign claims on an ultimate risk basis, and information about derivatives, credit commitments and guarantees are provided as of Q1. The consolidated statistics became available on a quarterly basis in March 2000; previously, the statistics were collected semiannually. There are currently 30 countries reporting these data (see the table below). Because more countries contribute to the locational bank lending data, one would expect the measure of outstanding debt as reported by the locational data to exceed that of the consolidated data. However, the reporting of worldwide positions in the consolidated data tends to compensate for this. While the locational statistics are appropriate for measuring lending flows in a given period, the consolidated statistics are more suited to gauging the size of banks country and liquidity risk exposures. The detailed maturity and sector breakdowns of the consolidated statistics can be used to supplement the locational data. Reporting countries providing locational banking data First year of data availability in brackets Australia (1997) Germany (1977) Netherlands (1977) Austria (1977) Greece () Netherlands Antilles (1983) Bahamas 1 (1983) Guernsey (2001) Norway (1983) Bahrain (1983) Hong Kong SAR (1983) Panama (2002) Belgium (1977) India (2001) Portugal (1997) Bermuda (2002) Ireland (1977) Singapore (1983) Brazil (2002) Isle of Man (2001) Spain (1983) Canada (1977) Italy (1977) Sweden (1977) Cayman Islands (1983) Japan (1977) Switzerland (1977) Chile (2002) Jersey (2001) Taiwan, China (2000) Denmark (1977) Korea () Turkey (2000) Finland (1983) Luxembourg (1977) United Kingdom (1977) France (1977) Mexico () United States (1977) Reporting countries providing consolidated banking data First year of data availability in brackets Australia () Greece () 1 Panama (2002) Austria (1983) Hong Kong SAR (1997) 1 Portugal (1999) Belgium (1983) India (2001) Singapore (2000) Brazil (2002) Ireland (1983) Spain (1985) Canada (1983) Italy (1983) Sweden (1983) Chile (2002) Japan (1983) Switzerland (1983) Denmark (1983) Luxembourg (1983) Taiwan, China (2000) Finland (1985) Mexico () Turkey (2000) France (1983) Netherlands (1983) United Kingdom (1983) Germany (1983) Norway (1994) United States (1983) 1 Semiannual reporting. For a more detailed analysis, see the special feature The BIS consolidated banking statistics: structure, uses and improvements in September BIS Quarterly Review. BIS Quarterly Review, March 2006 A5

TABLE 1 BIS REPORTING BANKS: SUMMARY OF INTERNATIONAL POSITIONS (In billions of US dollars) POSITIONS Dec. AMOUNTS OUTSTANDING Dec. ESTIMATED EXCHANGE RATE ADJUSTED CHANGES Year Year Q4 Q1 Q2 A. TOTAL ASSETS............... a. claims on banks............. b. claims on non-banks......... 18,344.1 21,832.0 23,102.0 23,558.8 1,470.5 2,485.3 563.6 1,267.5 1,076.1 549.2 11,616.3 13,732.0 14,535.8 14,766.7 824.1 1,476.0 322.5 753.9 777.8 289.4 6,727.9 8,100.1 8,566.2 8,792.1 646.4 1,009.3 241.1 513.6 298.3 259.8 B. EXTERNAL ASSETS........... a. claims on banks............. b. claims on non-banks......... 16,001.0 19,180.0 20,250.4 20,701.1 1,060.4 2,265.9 570.2 1,033.3 1,080.5 533.2 10,314.1 12,224.0 12,907.0 13,140.7 519.6 1,348.7 343.6 595.7 768.6 286.4 5,686.9 6,956.0 7,343.4 7,560.4 540.8 917.2 226.6 437.6 311.9 246.8 1. loans and deposits........... a. claims on banks............. b. claims on non-banks......... 11,869.0 13,829.3 14,707.7 15,074.6 717.2 1,426.2 406.2 776.9 795.5 363.3 8,830.6 10,333.4 10,945.3 11,184.5 443.5 1,006.7 281.7 484.0 698.0 220.8 3,038.4 3,496.0 3,762.5 3,890.1 273.6 419.5 124.5 292.9 97.4 142.5 2. holdings of securities and other assets............. a. claims on banks............. b. claims on non-banks......... 4,132.0 5,350.7 5,542.6 5,626.6 343.2 839.7 163.9 256.4 285.1 169.9 1,483.4 1,890.6 1,961.7 1,956.3 76.1 342.1 61.9 111.7 70.6 65.5 2,648.6 3,460.0 3,580.9 3,670.3 267.1 497.7 102.0 144.7 214.5 104.4 C. LOCAL ASSETS IN FOREIGN CURRENCY........ a. claims on banks............. b. claims on non-banks......... 2,343.1 2,652.0 2,851.7 2,857.6 410.1 219.4-6.6 234.2-4.4 15.9 1,302.2 1,508.0 1,628.8 1,625.9 304.5 127.2-21.1 158.2 9.2 3.0 1,040.9 1,144.1 1,222.9 1,231.7 105.6 92.1 14.5 76.0-13.6 12.9 D. TOTAL LIABILITIES............ a. liabilities to banks............ b. liabilities to non-banks........ 18,008.4 21,105.3 22,331.9 22,902.2 1,511.3 2,269.2 526.5 1,241.9 901.3 658.8 12,759.7 14,968.2 15,966.2 16,364.3 885.7 1,579.3 279.1 816.3 836.8 460.1 5,248.7 6,137.1 6,365.6 6,537.9 625.5 690.0 247.3 425.6 64.5 198.7 E. EXTERNAL LIABILITIES........ a. liabilities to banks............ b. liabilities to non-banks........ 15,359.1 18,111.6 19,095.4 19,606.2 1,000.0 2,013.3 470.8 941.3 885.1 588.2 11,096.4 13,089.0 13,975.3 14,334.4 505.2 1,427.7 281.9 627.9 864.9 413.4 4,262.7 5,022.7 5,120.1 5,271.9 494.8 585.5 188.9 313.3 20.1 174.8 1. loans and deposits........... a. liabilities to banks............ b. liabilities to non-banks........ 13,485.7 15,860.8 16,593.9 17,037.4 746.3 1,788.7 384.1 784.0 725.8 509.3 9,592.1 11,294.6 11,963.5 12,275.8 289.2 1,267.2 232.9 497.5 739.0 357.1 3,893.6 4,566.3 4,630.4 4,761.5 457.1 521.6 151.2 286.5-13.2 152.1 2. own issues of securities and other liabilities........... a. liabilities to banks............ b. liabilities to non-banks........ 1,873.4 2,250.8 2,501.5 2,568.9 253.7 224.5 86.6 157.3 159.3 78.9 1,504.3 1,794.4 2,011.9 2,058.5 216.1 160.6 49.0 130.5 126.0 56.3 369.1 456.4 489.7 510.3 37.7 64.0 37.6 26.9 33.3 22.7 F. LOCAL LIABILITIES IN FOREIGN CURRENCY........ a. liabilities to banks............ b. liabilities to non-banks........ 2,649.3 2,993.7 3,236.4 3,296.0 511.2 256.0 55.7 300.6 16.2 70.6 1,663.3 1,879.3 1,990.9 2,030.0 380.5 151.5-2.8 188.3-28.1 46.7 986.0 1,114.4 1,245.6 1,266.0 130.7 104.4 58.5 112.3 44.3 23.9 BIS Quarterly Review, March 2006 A 7

TABLE 2 A EXTERNAL POSITIONS OF BANKS IN INDIVIDUAL REPORTING COUNTRIES (In billions of US dollars) In all currencies vis-à-vis all sectors REPORTING COUNTRIES ALL COUNTRIES............. Australia................... Austria..................... Bahamas................... Bahrain.................... Belgium.................... Brazil...................... Canada.................... Cayman Islands............. Denmark................... Finland.................... France..................... Germany................... Greece.................... Guernsey.................. Hong Kong SAR............. Ireland..................... Isle of Man................. Italy....................... Japan..................... Jersey..................... Luxembourg................ Netherlands................ Netherlands Antilles.......... Norway.................... Portugal.................... Singapore.................. Spain...................... Sweden.................... Switzerland................. Taiwan, China............... United Kingdom............. United States............... Other...................... ALL COUNTRIES............. Australia................... Austria..................... Bahamas................... Bahrain.................... Belgium.................... Brazil...................... Canada.................... Cayman Islands............. Denmark................... Finland.................... France..................... Germany................... Greece.................... Guernsey.................. Hong Kong SAR............. Ireland..................... Isle of Man................. Italy....................... Japan..................... Jersey..................... Luxembourg................ Netherlands................ Netherlands Antilles.......... Norway.................... Portugal.................... Singapore.................. Spain...................... Sweden.................... Switzerland................. Taiwan, China............... United Kingdom............. United States............... Other...................... AMOUNTS OUTSTANDING Dec. Dec. ESTIMATED EXCHANGE RATE ADJUSTED CHANGES Year Year Q4 Q1 Q2 ASSETS 16,001.0 19,180.0 20,250.4 20,701.1 1,060.4 2,265.9 570.2 1,033.3 1,080.5 533.2 83.9 107.5 101.7 105.1 12.6 20.4 3.2-3.0 0.8 3.8 154.1 185.0 264.3 271.1 16.5 19.7 1.6 13.5 10.7 8.0 286.5 298.6 302.0 301.4-23.0 10.2 16.0-18.0 24.3-0.2 86.4 100.7 102.7 113.5 19.1 13.1 7.0 0.3 4.6 11.2 565.8 702.5 724.2 734.5 84.6 95.3 26.6 77.8 9.2 13.7 21.6 20.9 24.3 26.7 6.4-1.0 0.3 1.2 0.2 2.4 146.0 152.9 170.4 187.4 19.0 3.6 0.1 9.8 9.3 15.0 1,038.9 964.7 1,227.4 1,209.7 5.9-81.4-47.6 142.5 132.2-16.8 96.4 117.5 120.8 123.5 3.2 14.6 3.4 14.5-1.2 3.3 54.2 69.3 58.5 58.0 0.4 10.8-5.6 2.4-7.8-0.2 1,035.6 1,573.4 1,618.6 1,646.1 84.8 297.7 95.7 85.0 103.3 35.1 1,786.2 2,151.3 2,167.3 2,184.3 170.7 235.1 71.5 122.9 95.9 26.3 45.4 49.7 57.2 57.7-2.0-3.4 2.3 2.9 0.7 121.7 135.0 133.4 141.4-1.5 6.9 3.4 5.4 1.0 8.9 440.3 508.1 475.4 479.6 24.8 60.9 23.8-24.7 2.5 5.5 368.2 515.1 546.7 577.9 91.3 117.4 30.1 44.4 32.0 34.6 49.2 59.1 62.2 60.8 1.0 6.2 1.1 5.4 1.9-0.7 302.7 384.4 377.2 379.6 18.4 57.0 28.6 10.6 22.3 4.0 1,334.0 1,501.4 1,633.1 1,686.6 16.4 128.7 41.1 136.4 59.8 65.6 283.7 307.0 333.3 327.6 18.2 9.3-21.7 30.6 13.8-3.8 683.6 766.7 731.8 742.5 4.6 40.4 31.6 7.1 24.6 13.9 580.8 724.7 755.5 774.4 76.7 104.2 21.5 70.0 21.6 22.1 33.6 30.2 24.6 24.3-8.8-4.6-1.5 4.3-7.9-0.2 27.7 23.4 32.0 32.0 9.1-5.7-2.4 5.6 4.8 0.1 87.9 100.7 92.8 97.7 14.6 6.7 4.1 0.2 1.4 5.3 442.6 506.2 492.2 510.9-4.8 48.5 11.3 0.1 10.8 23.1 255.9 317.2 334.7 334.7 29.6 41.9 6.9 26.8 21.9 1.8 101.3 156.8 176.3 182.2 12.9 46.0 9.6 14.5 21.9 6.2 849.8 920.6 953.6 997.0-18.9 38.4 33.7 9.2 73.0 47.0 81.3 95.1 101.6 105.3 12.2 12.8 0.3 1.1 6.8 3.9 3,093.1 3,786.9 4,031.1 4,121.5 303.2 532.8 76.1 285.4 204.1 110.1 1,397.7 1,770.7 1,890.8 1,964.5 62.9 367.4 100.6-52.1 181.6 74.7 64.8 76.5 132.8 141.5-1.7 10.7 3.2 1.8-1.6 8.9 LIABILITIES 15,359.1 18,111.6 19,095.4 19,606.2 1,000.0 2,013.3 470.8 941.3 885.1 588.2 257.8 299.6 288.1 288.7 44.2 32.2 23.0-7.3 7.4 1.9 125.5 140.3 217.1 225.7 13.1 8.4-2.1 6.0 5.6 9.7 275.3 281.1 294.8 293.9-23.3 3.7 12.6-12.0 28.9-0.6 82.4 96.7 97.9 108.3 18.9 12.9 6.5-0.3 4.2 10.8 473.7 569.7 608.7 633.4 62.4 64.0 11.4 84.4 6.4 27.7 34.5 31.5 33.8 33.2-3.6-3.4-1.3 3.1 0.2-0.7 142.5 148.2 149.4 179.7 12.5 2.5-3.6-0.6 3.8 29.0 996.8 923.2 1,180.0 1,150.4 2.0-79.6-60.0 134.7 132.0-28.9 146.7 170.9 188.0 196.2 14.7 15.8 7.5 25.6 5.2 9.0 46.2 69.7 71.9 69.4 2.1 20.2-3.7 7.6-0.5-2.2 1,102.3 1,468.4 1,523.7 1,562.1 100.7 257.5 91.7 82.9 89.9 45.4 1,407.6 1,547.2 1,522.7 1,523.4 74.6 60.3 7.0 110.5-10.6 10.9 35.4 51.2 53.4 58.0-12.6 3.9-1.0 4.1 4.9 101.6 109.4 109.8 116.5-0.9 2.8 1.3 4.2 2.5 7.4 267.0 308.5 288.4 287.4 12.7 37.6 3.7-24.1 9.5-0.2 310.6 547.1 586.9 620.2 49.9 203.7 39.6 49.9 37.0 36.9 39.1 41.7 44.4 45.2 6.2-0.6 4.9 0.7 1.3 394.2 480.0 501.8 506.4 39.5 56.4 26.5 41.5 29.7 6.6 531.2 581.6 688.3 699.0-61.1 38.8 3.1 94.3 37.8 18.0 221.8 226.9 261.0 262.6-19.0-5.0-29.0 27.9 18.9 3.0 511.5 562.5 524.5 531.7 4.9 20.5 22.0-2.0 10.1 9.3 556.6 696.9 709.8 731.9 67.7 102.4 22.1 61.8 8.4 25.3 30.8 26.1 17.7 19.2-8.0-5.7-0.7 4.2-10.9 1.5 62.9 70.3 78.6 87.1 12.4 4.0 2.3 5.8 6.8 8.7 155.5 170.2 156.0 161.9 20.1 3.9-0.4 1.3 1.1 6.6 445.5 515.3 497.8 515.7 5.1 59.6 18.5-8.2 6.7 19.5 416.2 458.7 439.6 439.6 65.7 15.5-3.7 7.6 13.5 2.1 143.6 207.5 258.8 249.8 12.2 53.6 22.7 20.0 50.8-9.0 757.4 827.3 845.8 896.5-6.6 40.2 21.3 9.3 54.0 53.3 46.0 54.9 57.6 58.4 10.6 8.3 2.3 6.7-3.6 1.2 3,371.5 4,129.9 4,320.2 4,416.1 364.7 587.6 81.0 286.4 152.8 118.7 1,788.5 2,197.9 2,278.7 2,427.0 95.7 363.4 135.7-85.7 175.0 149.4 81.1 101.5 200.5 211.7 9.9 18.6 9.2 1.9 8.0 12.0 A 8 BIS Quarterly Review, March 2006

TABLE 2 B EXTERNAL POSITIONS OF BANKS IN INDIVIDUAL REPORTING COUNTRIES (In billions of US dollars) In all currencies vis-à-vis the non-bank sector REPORTING COUNTRIES ALL COUNTRIES............. Australia................... Austria..................... Bahamas................... Bahrain.................... Belgium.................... Brazil...................... Canada.................... Cayman Islands............. Denmark................... Finland.................... France..................... Germany................... Greece.................... Guernsey.................. Hong Kong SAR............. Ireland..................... Isle of Man................. Italy....................... Japan..................... Jersey..................... Luxembourg................ Netherlands................ Netherlands Antilles.......... Norway.................... Portugal.................... Singapore.................. Spain...................... Sweden.................... Switzerland................. Taiwan, China............... United Kingdom............. United States............... Other...................... ALL COUNTRIES............. Australia................... Austria..................... Bahamas................... Bahrain.................... Belgium.................... Brazil...................... Canada.................... Cayman Islands............. Denmark................... Finland.................... France..................... Germany................... Greece.................... Guernsey.................. Hong Kong SAR............. Ireland..................... Isle of Man................. Italy....................... Japan..................... Jersey..................... Luxembourg................ Netherlands................ Netherlands Antilles.......... Norway.................... Portugal.................... Singapore.................. Spain...................... Sweden.................... Switzerland................. Taiwan, China............... United Kingdom............. United States............... Other...................... AMOUNTS OUTSTANDING Dec. Dec. ESTIMATED EXCHANGE RATE ADJUSTED CHANGES Year Year Q4 Q1 Q2 ASSETS 5,686.9 6,956.0 7,343.4 7,560.4 540.8 917.2 226.6 437.6 311.9 246.8 26.3 27.4 29.9 31.9 0.5 0.2 2.5 3.2 0.4 2.2 58.7 71.6 116.8 120.0 3.8 8.4 4.0 3.4 4.1 3.7 96.8 35.7 21.1 22.1 16.4-61.4-13.9-6.5-7.5 1.1 41.3 46.1 50.8 55.2 3.4 4.0 1.9 2.8 3.0 4.5 264.5 330.8 349.9 344.8 19.8 46.9 8.2 32.0 18.0-3.5 0.5 0.5 1.1 1.1-1.4 - -0.3 0.5 - - 23.5 24.6 30.1 31.9 0.9 0.3-3.1 5.9-0.2 1.3 339.5 243.3 334.9 348.8 8.5-96.8-50.5 81.3 11.8 14.0 32.6 37.4 40.5 44.6 1.1 2.5 1.3 4.1 2.6 4.4 6.1 7.0 7.6 6.9-10.6 0.5-1.8-0.5-0.6 438.5 680.2 684.2 702.5 66.0 131.3 27.3 40.9 25.2 21.7 729.4 859.6 836.1 838.0 53.9 82.2 12.3 28.8 22.5 5.1 14.8 16.1 13.5 13.0-0.5 1.6-6.4 1.3-0.4 36.9 42.5 38.2 36.7 1.1 3.8-3.6-2.5 0.4-1.5 90.8 86.8 88.6 90.5-0.1-5.3 2.2 1.5 2.1 2.1 198.4 274.4 282.3 296.5 53.8 60.8 22.2 12.8 18.1 15.9 12.8 12.1 10.3 10.3 0.9-1.6 0.7-1.5 0.5 0.1 86.4 107.3 101.8 103.9 6.4 13.8-2.2 5.8-0.3 2.6 791.2 972.6 1,059.9 1,094.1 57.7 154.7 26.1 69.7 60.4 40.3 16.5 11.7 13.7 11.9-13.9-5.5-3.2 1.6 1.1-1.7 229.6 249.4 242.5 255.9-18.5 5.1 5.9 9.2 7.0 14.5 208.0 270.2 258.2 259.3 24.6 47.4 14.7 14.7-4.2 1.9 12.9 15.6 18.2 17.2-0.8 2.2 1.6 2.5 0.8-1.0 11.4 13.9 15.4 17.8-1.8 1.3 1.2 1.3 2.4 23.1 31.4 28.7 27.9 5.0 6.3 5.1-1.6 2.1-0.7 83.6 93.5 98.1 103.7-0.4 7.7 2.1 1.8 6.4 6.1 108.5 127.8 134.7 134.7 21.7 11.7 1.4 2.9 16.4 0.7 27.5 44.8 40.7 48.0 2.1 14.2 2.0-0.6 1.2 7.4 92.0 123.6 115.6 120.2 8.4 27.6 13.4-0.1-1.6 5.0 43.3 54.4 63.6 67.4 8.7 10.5-2.9 7.1 3.9 1,210.9 1,594.7 1,732.7 1,818.9 157.6 326.4 94.2 124.5 100.3 94.3 312.8 429.9 439.7 438.3 64.9 115.8 50.8-1.6 13.4-1.3 17.8 19.0 43.9 46.2-0.9 1.1 0.3 2.4-1.4 2.5 LIABILITIES 4,262.7 5,022.7 5,120.1 5,271.9 494.8 585.5 188.9 313.3 20.1 174.8 90.6 110.9 113.2 112.5 4.1 16.5 10.2-1.4 8.6-0.2 17.9 20.3 38.9 39.7 2.5 1.2-0.5 0.2 1.0 1.0 115.1 83.1 102.3 102.6 34.3-33.7-6.3 10.9 10.9 0.5 21.1 26.1 29.3 32.3 0.4 4.5 2.8 0.7 3.3 3.1 178.6 216.8 232.6 249.1 11.0 25.1 4.7 34.5 2.7 17.8 2.1 2.0 2.6 2.2 0.8-0.2 0.1 0.7 - -0.4 35.9 41.6 37.2 38.8 7.1 4.8 2.7-3.5-0.3 1.1 460.2 486.5 470.8 506.4 11.0 25.0-1.1 30.7-44.6 35.7 12.4 18.8 18.7 17.6-2.2 5.4 4.2-0.6 2.1-1.1 2.4 4.6 5.4 6.1 0.1 1.9 0.8-1.2 0.7 88.3 101.1 100.7 104.8 5.3 5.6 7.0 4.7 3.5 4.5 387.3 422.5 398.5 403.7 3.4 15.7-8.6 23.6-12.2 10.3 12.2 23.9 22.9 23.4-10.2 3.3-2.1 1.6 0.6 43.9 48.7 47.1 47.5 4.5 1.9 3.1 0.6 1.2 0.8 73.0 85.3 89.1 91.3 9.4 11.0 4.6 0.2 5.4 2.3 62.7 133.1 145.3 151.2 11.9 62.3 5.4 14.6 8.8 6.8 33.3 38.7 41.6 40.6 3.1 3.1 0.5 5.1 0.4-0.4 27.8 36.3 39.9 41.2-0.1 6.1-1.3-0.1 7.6 1.4 58.6 65.6 127.1 121.0 4.6 5.6 2.2 62.3 3.7-4.8 115.0 104.1 125.6 128.2 24.5-16.6-26.9 23.2 4.8 3.5 186.4 208.5 182.8 186.4 4.8 10.4 4.8-2.9-5.1 4.3 116.2 131.9 124.3 122.7 6.6 10.1 20.7 4.8-3.6-1.1 9.8 11.3 11.3 12.2 0.2 1.0 1.3 2.6-1.8 1.1 28.8 39.6 40.8 42.6 4.9 9.0 6.4-1.0 4.9 1.9 22.2 29.5 20.9 25.1 3.3 5.5 0.8 2.0-7.9 4.4 136.6 150.4 152.8 158.1 1.1 9.7 5.6 7.5 0.9 5.9 161.4 130.5 100.6 100.6 16.4-37.9-4.8-11.2-8.2 0.4 15.1 21.6 25.3 27.1 0.9 4.8-3.4-0.7 7.3 1.7 323.8 354.1 346.8 345.3-4.6 17.4 12.6 4.3 7.5-0.4 21.5 25.5 26.4 26.0 3.8 3.6 1.1-0.4 1.5-0.1 928.3 1,167.7 1,244.7 1,269.6 175.5 191.5 51.6 112.8 34.2 31.5 429.3 627.8 599.1 635.2 137.6 197.3 82.6-9.1-18.8 36.1 45.1 54.3 55.4 61.0 8.7 7.8 2.8 0.4-0.7 5.9 BIS Quarterly Review, March 2006 A 9

TABLE 2 C EXTERNAL POSITIONS OF BANKS IN INDIVIDUAL REPORTING COUNTRIES (In billions of US dollars) In foreign currencies vis-à-vis all sectors REPORTING COUNTRIES ALL COUNTRIES............. Australia................... Austria..................... Bahamas................... Bahrain.................... Belgium.................... Brazil...................... Canada.................... Cayman Islands............. Denmark................... Finland.................... France..................... Germany................... Greece.................... Guernsey.................. Hong Kong SAR............. Ireland..................... Isle of Man................. Italy....................... Japan..................... Jersey..................... Luxembourg................ Netherlands................ Netherlands Antilles.......... Norway.................... Portugal.................... Singapore.................. Spain...................... Sweden.................... Switzerland................. Taiwan, China............... United Kingdom............. United States............... Other...................... ALL COUNTRIES............. Australia................... Austria..................... Bahamas................... Bahrain.................... Belgium.................... Brazil...................... Canada.................... Cayman Islands............. Denmark................... Finland.................... France..................... Germany................... Greece.................... Guernsey.................. Hong Kong SAR............. Ireland..................... Isle of Man................. Italy....................... Japan..................... Jersey..................... Luxembourg................ Netherlands................ Netherlands Antilles.......... Norway.................... Portugal.................... Singapore.................. Spain...................... Sweden.................... Switzerland................. Taiwan, China............... United Kingdom............. United States............... Other...................... AMOUNTS OUTSTANDING Dec. Dec. ESTIMATED EXCHANGE RATE ADJUSTED CHANGES Year Year Q4 Q1 Q2 ASSETS 9,602.5 11,120.3 11,972.2 12,286.3 624.8 1,183.7 273.0 634.1 609.4 357.4 56.9 76.5 69.4 71.8 11.6 17.4 5.5-7.4 3.2 2.7 45.5 54.0 79.2 81.7-0.6 6.9-0.4 5.4 1.4 2.9 286.5 298.6 302.0 301.4-23.0 10.2 16.0-18.0 24.3-0.2 86.4 100.7 102.7 113.5 19.1 13.1 7.0 0.3 4.6 11.2 180.4 221.2 248.3 247.5 39.5 35.5 13.5 20.8 13.0 0.4 21.1 20.7 23.8 26.2 7.2-0.7 0.3 1.2 0.3 2.5 113.7 120.7 132.7 145.9 16.1 6.1 3.6 5.4 7.7 13.2 1,038.7 964.5 1,227.1 1,208.4 9.6-81.4-47.6 142.7 131.9-17.8 73.2 93.2 99.0 100.4 5.5 15.4 3.2 12.7 0.2 1.8 28.6 29.6 25.5 25.9 0.9 - -3.7-1.5-1.8 0.5 342.4 479.7 516.2 538.9 43.7 102.6 24.3 41.5 8.1 25.6 506.1 593.1 593.6 588.6 44.9 73.0 28.2 0.4 14.9-2.6 21.2 23.2 18.2 16.5-1.8-1.2-6.7 0.4-1.7 81.4 87.2 88.2 95.9-1.5 2.9 2.7 4.0 1.6 8.0 394.9 460.8 421.1 425.2 15.6 58.9 24.6-31.2 1.9 5.6 166.9 221.6 243.2 271.2 41.4 47.5 9.9 19.8 10.8 29.9 13.7 15.6 15.8 15.7-0.7 1.5 0.8 0.8 0.1-0.1 50.8 56.7 59.0 57.9 2.8 4.4 1.8 5.3-1.2-0.8 1,001.6 1,138.5 1,240.7 1,301.5 74.9 109.8 42.5 104.0 40.0 63.2 205.7 219.0 239.0 239.2 18.1 6.1-15.7 19.2 12.0 0.6 252.3 281.1 279.5 295.9 19.6 20.5 10.4 6.1 3.5 17.8 241.3 272.7 316.3 322.5 26.2 26.4 7.2 24.8 25.5 7.3 33.6 30.2 24.6 24.3-8.8-4.6-1.5 4.3-7.9-0.2 18.0 18.0 23.2 24.7 5.0-0.8 0.2 4.1 2.5 1.5 18.2 19.3 21.7 23.8-0.7 0.7-2.1 2.3 0.6 2.2 442.6 506.2 492.2 510.9-4.8 48.5 11.3 0.1 10.8 23.1 60.5 106.0 110.6 110.6-4.6 41.9 17.2 5.1 4.6 0.8 60.5 100.1 128.4 126.4-1.7 35.0 8.6 13.4 23.2-1.5 773.0 829.2 864.2 909.3 1.6 31.6 32.2 6.8 66.0 48.4 80.6 94.6 101.0 104.8 12.3 13.1 0.4 1.2 6.8 4.0 2,767.0 3,422.7 3,634.7 3,721.4 267.3 521.3 71.9 228.8 199.5 100.3 77.9 93.6 103.0 102.5-10.0 10.0-2.8 18.3 0.4 0.5 61.3 71.4 128.1 136.0-1.5 9.2 4.5 0.2 0.5 8.3 LIABILITIES 9,226.0 10,623.3 11,451.2 11,753.9 548.7 1,103.0 217.8 691.1 483.2 341.7 194.9 230.8 223.0 221.9 46.7 28.5 21.5-6.7 9.3-0.1 87.1 95.4 88.3 90.7 9.1 5.3 1.2 0.3 2.2 2.9 275.3 281.1 294.8 293.9-23.3 3.7 12.6-12.0 28.9-0.6 82.4 96.7 97.9 108.3 18.9 12.9 6.5-0.3 4.2 10.8 176.2 208.9 241.0 244.5 33.6 27.4 1.6 31.0 8.2 4.7 33.9 30.9 32.2 31.8-2.9-3.3-1.4 2.8 0.3-0.4 116.4 121.4 123.3 150.4 5.5 3.8-3.2 0.9 2.6 27.3 996.5 922.9 1,179.7 1,150.0 2.4-79.5-60.1 134.7 132.0-28.9 122.7 147.0 162.3 170.3 10.2 17.8 4.3 27.2-1.1 8.7 25.1 39.3 43.8 38.4 0.3 13.3-5.5 6.0-0.3-5.2 471.3 615.7 661.4 685.6 51.4 134.8 57.8 51.4 10.4 27.3 677.5 706.2 726.7 730.3 66.0 9.3 3.1 41.0 4.4 7.1 9.9 11.9 12.9 14.1-1.8 0.3-0.1 0.7 1.2 72.1 75.9 77.9 84.9-1.3 1.4 1.0 4.1 1.8 7.2 229.8 270.7 243.2 242.8 6.5 36.9 2.6-24.1 2.2 0.5 148.1 246.8 262.0 286.7 21.2 90.9 28.0 11.3 13.4 26.7 12.3 13.0 12.8 14.6 1.3 0.3 0.4 0.4-1.9 84.9 91.3 95.4 95.4 6.1 4.9 6.3 4.6 1.2 0.2 298.1 340.6 398.5 434.1-52.8 37.6 8.8 62.6 4.4 36.1 163.7 163.9 189.4 191.0-18.0-4.9-21.0 19.5 13.5 2.0 202.7 211.8 217.8 232.5 7.4 3.3 3.0 3.1 10.0 15.7 262.7 283.9 302.3 306.2 30.7 15.1 4.4 21.1 4.8 5.1 30.8 26.1 17.7 19.2-8.0-5.7-0.7 4.2-10.9 1.5 50.5 56.4 61.6 67.7 11.1 3.9 4.0 4.7 3.6 6.4 30.6 29.9 27.7 29.2 5.0-1.3-1.1-1.6-1.7 445.5 515.3 497.8 515.7 5.1 59.6 18.5-8.2 6.7 19.5 106.6 142.9 148.7 148.7 15.2 32.4 2.0 11.4-1.2 0.9 104.0 152.5 186.3 185.3 4.4 42.7 18.8 22.6 20.9-0.6 684.8 753.2 769.5 827.1-0.2 45.3 28.8 0.7 50.6 59.9 41.2 49.2 51.5 52.5 9.1 7.8 2.5 6.6-3.8 1.0 2,867.6 3,534.9 3,729.2 3,800.2 311.8 540.2 65.7 257.2 141.5 84.4 61.2 82.3 101.4 108.3-29.7 2.8-1.4 12.5 15.1 8.0 59.7 74.5 173.4 181.6 5.5 14.1 8.5 2.1 7.7 8.7 A 10 BIS Quarterly Review, March 2006

TABLE 2 D EXTERNAL POSITIONS OF BANKS IN INDIVIDUAL REPORTING COUNTRIES (In billions of US dollars) In foreign currencies vis-à-vis the non-bank sector REPORTING COUNTRIES ALL COUNTRIES............. Australia................... Austria..................... Bahamas................... Bahrain.................... Belgium.................... Brazil...................... Canada.................... Cayman Islands............. Denmark................... Finland.................... France..................... Germany................... Greece.................... Guernsey.................. Hong Kong SAR............. Ireland..................... Isle of Man................. Italy....................... Japan..................... Jersey..................... Luxembourg................ Netherlands................ Netherlands Antilles.......... Norway.................... Portugal.................... Singapore.................. Spain...................... Sweden.................... Switzerland................. Taiwan, China............... United Kingdom............. United States............... Other...................... ALL COUNTRIES............. Australia................... Austria..................... Bahamas................... Bahrain.................... Belgium.................... Brazil...................... Canada.................... Cayman Islands............. Denmark................... Finland.................... France..................... Germany................... Greece.................... Guernsey.................. Hong Kong SAR............. Ireland..................... Isle of Man................. Italy....................... Japan..................... Jersey..................... Luxembourg................ Netherlands................ Netherlands Antilles.......... Norway.................... Portugal.................... Singapore.................. Spain...................... Sweden.................... Switzerland................. Taiwan, China............... United Kingdom............. United States............... Other...................... AMOUNTS OUTSTANDING Dec. Dec. ESTIMATED EXCHANGE RATE ADJUSTED CHANGES Year Year Q4 Q1 Q2 ASSETS 3,501.6 4,105.3 4,498.7 4,697.6 326.4 485.6 89.6 326.6 193.0 214.2 16.6 17.9 19.8 20.8-0.2 0.6 2.6 1.3 1.7 1.1 18.9 21.7 35.1 36.2-2.0 1.3 1.7 0.6 1.2 96.8 35.7 21.1 22.1 16.4-61.4-13.9-6.5-7.5 1.1 41.3 46.1 50.8 55.2 3.4 4.0 1.9 2.8 3.0 4.5 80.8 95.4 126.1 124.9 14.7 12.2-2.3 15.2 18.6-0.6 0.5 0.5 1.1 1.1-1.0 - -0.3 0.5 - - 17.4 17.3 20.1 20.3 4.6-0.2-1.4 3.7-0.8 0.2 339.2 243.1 334.7 348.6 8.6-96.8-50.5 81.6 11.6 14.0 23.6 27.7 30.7 34.2 0.1 2.5-1.0 2.1 3.3 3.6 2.0 2.2 2.0 2.2-9.2 0.1-0.3 0.5-0.5 0.2 135.9 200.1 208.2 217.4 27.3 49.2 11.0 31.5-17.7 10.6 260.3 281.4 264.2 274.0 25.6 16.5 1.4-5.6-5.6 10.7 5.4 4.9 4.1 4.0 - -0.4-0.4-1.4-0.2-0.1 32.0 37.6 34.6 33.1 1.3 4.2-3.1-1.9 0.9-1.5 79.8 76.8 78.3 80.5 1.1-4.4 1.4 1.4 2.0 2.4 80.0 114.1 127.5 139.0 19.7 31.0 11.0 8.1 9.6 12.4 2.5 1.3 1.2 1.1-0.3-1.2 0.1-0.2 0.1-0.1 16.7 15.6 14.8 15.4 1.2-1.5-3.4 2.3-2.7 0.6 659.7 813.0 892.2 925.3 48.1 132.0 25.7 58.6 53.5 35.1 7.1 6.8 7.4 6.6-13.7-0.5-1.6 0.7 0.2-0.8 82.5 84.2 87.7 97.7-4.6-1.2 2.2 4.9 2.7 10.5 70.4 89.8 90.7 92.3 9.7 18.1 5.4 2.6-0.3 1.8 12.9 15.6 18.2 17.2-0.8 2.2 1.6 2.5 0.8-1.0 9.5 12.1 13.4 15.9 0.9 2.1 1.1 1.2 0.9 2.5 3.4 3.4 4.3 4.5-0.1-0.1-0.3-0.3 1.2 0.2 83.6 93.5 98.1 103.7-0.4 7.7 2.1 1.8 6.4 6.1 25.2 39.5 41.3 41.3 0.2 13.1 2.8 1.4 2.3 0.3 18.6 27.7 26.9 29.2-0.6 7.6 2.4-0.4 1.8 2.4 72.1 99.3 93.8 99.0 7.6 25.3 13.0 0.2-2.4 5.5 43.2 54.4 63.6 67.4 8.6 10.6-2.9 7.1 3.9 1,126.8 1,481.1 1,611.6 1,692.7 163.4 304.7 80.0 105.7 102.6 87.3 17.6 18.2 28.0 25.4-6.1-0.2-0.5 10.4 1.0-2.5 16.8 17.9 42.7 45.1-1.0 1.0 0.4 1.9-1.0 2.5 LIABILITIES 2,640.8 2,999.8 3,202.0 3,294.3 269.2 285.7 66.2 271.4 42.1 102.6 67.6 86.9 88.9 86.5 3.7 16.2 6.8-1.5 8.0-2.0 7.3 6.3 12.4 12.2 1.1-1.1-0.9 0.5 0.1-0.1 115.1 83.1 102.3 102.6 34.3-33.7-6.3 10.9 10.9 0.5 21.1 26.1 29.3 32.3 0.4 4.5 2.8 0.7 3.3 3.1 59.2 71.6 89.5 96.3 12.6 9.8 0.9 12.0 9.4 7.4 2.0 1.9 2.5 2.1 0.8-0.2 0.1 0.7 - -0.4 27.9 31.8 27.8 29.1 7.0 3.7 2.1-2.5-1.1 1.3 460.0 486.3 470.6 506.2 11.0 25.0-1.1 30.7-44.6 35.7 9.0 13.9 13.8 13.6-2.2 4.3 3.5-0.4 1.4-0.2 0.6 1.8 2.5 2.2-0.2 1.1 0.7-0.8-0.2 30.6 29.4 35.3 42.3 0.4-1.4 2.0 9.0-2.4 7.1 163.6 153.4 152.5 154.2 1.7-10.1-6.1 3.2 0.1 2.4 3.6 4.9 4.2 4.8-1.2-0.4-0.6-0.2 0.6 21.6 24.0 23.6 25.3 4.3 1.5 3.3 0.5 0.8 1.8 56.1 67.2 68.8 68.1 2.8 9.8 2.0 1.3 2.1-0.5 31.2 64.2 70.4 73.8 7.9 31.0 6.5 6.4 2.3 3.9 9.3 11.0 11.1 12.6 0.3 1.4 0.4 0.7-1.5 4.3 3.8 4.9 4.6 1.3-0.5-0.7 1.6-0.5-0.3 13.4 18.1 74.0 72.6 1.8 4.6 0.6 53.2 4.1-1.3 67.3 53.5 70.7 74.5 21.5-15.5-20.8 18.0 1.8 4.0 52.3 60.2 65.7 69.9 3.1 6.4-0.7 1.1 6.3 4.4 69.7 67.4 70.5 70.9-0.3-3.9 4.1 4.3 0.4 0.7 9.8 11.3 11.3 12.2 0.2 1.0 1.3 2.6-1.8 1.1 24.8 34.6 35.7 37.5 6.1 8.4 5.8-0.9 4.3 2.0 6.3 7.4 2.9 3.5 2.1 0.9-0.3 0.5-4.8 0.6 136.6 150.4 152.8 158.1 1.1 9.7 5.6 7.5 0.9 5.9 37.1 29.8 26.6 26.6-3.4-7.6-0.2-0.3-2.7 0.1 5.8 6.2 9.9 9.8-1.0 0.2-1.3 1.0 3.1-0.1 294.4 322.0 317.8 316.4-2.1 17.5 12.7 4.1 6.9-0.4 16.9 19.9 20.3 20.1 2.4 2.8 0.9-0.5 1.2-0.3 776.5 1,010.7 1,088.6 1,104.7 151.9 198.4 41.0 104.7 31.4 20.2 11.5 7.5 10.2 11.1-8.2-4.5-0.6 1.9 1.4 0.9 25.5 29.9 31.7 34.5 4.4 4.0 2.2 1.6-1.2 2.9 BIS Quarterly Review, March 2006 A 11

TABLE 3 A EXTERNAL LOANS AND DEPOSITS OF BANKS IN INDIVIDUAL REPORTING COUNTRIES (In billions of US dollars) In all currencies vis-à-vis all sectors REPORTING COUNTRIES ALL COUNTRIES............. Australia................... Austria..................... Bahamas................... Bahrain.................... Belgium.................... Brazil...................... Canada.................... Cayman Islands............. Denmark................... Finland.................... France..................... Germany................... Greece.................... Guernsey.................. Hong Kong SAR............. Ireland..................... Isle of Man................. Italy....................... Japan..................... Jersey..................... Luxembourg................ Netherlands................ Netherlands Antilles.......... Norway.................... Portugal.................... Singapore.................. Spain...................... Sweden.................... Switzerland................. Taiwan, China............... United Kingdom............. United States............... Other...................... ALL COUNTRIES............. Australia................... Austria..................... Bahamas................... Bahrain.................... Belgium.................... Brazil...................... Canada.................... Cayman Islands............. Denmark................... Finland.................... France..................... Germany................... Greece.................... Guernsey.................. Hong Kong SAR............. Ireland..................... Isle of Man................. Italy....................... Japan..................... Jersey..................... Luxembourg................ Netherlands................ Netherlands Antilles.......... Norway.................... Portugal.................... Singapore.................. Spain...................... Sweden.................... Switzerland................. Taiwan, China............... United Kingdom............. United States............... Other...................... AMOUNTS OUTSTANDING Dec. Dec. ESTIMATED EXCHANGE RATE ADJUSTED CHANGES Year Year Q4 Q1 Q2 CLAIMS 11,869.0 13,829.3 14,707.7 15,074.6 717.2 1,426.2 406.2 776.9 795.5 363.3 31.2 46.0 39.9 44.2 7.7 13.6 0.8-6.0 0.9 4.5 118.6 134.8 165.6 167.7 13.2 8.2-3.2 11.7 7.7 2.8 265.6 280.4 284.6 284.0-27.1 12.9 16.2-17.6 24.6-0.3 86.4 100.7 102.7 113.5 19.1 13.1 7.0 0.3 4.6 11.2 339.4 429.3 438.9 461.0 70.8 66.5 16.6 43.4 1.9 24.3 14.0 12.1 13.3 16.6 6.8-2.1 0.1 0.6 0.2 3.3 125.5 136.5 149.8 166.8 12.4 7.8 2.3 7.1 7.8 15.1 896.0 835.0 1,116.0 1,091.5-7.3-67.9-50.6 166.8 125.3-23.6 79.5 98.4 101.3 104.2-0.5 13.8 6.4 13.3-2.4 3.3 48.6 64.2 53.5 53.7 10.8 11.7-4.6 2.3-8.2 0.5 617.0 786.8 836.0 842.4 7.6 123.0 54.6 37.6 79.1 9.9 1,288.7 1,528.7 1,526.5 1,541.4 136.0 149.7 48.1 74.1 58.9 23.2 33.1 36.1 44.1 44.4-1.4-4.9 6.0 1.5 0.6 72.2 82.2 93.3 102.6-8.7 5.6 2.2 7.5 8.9 10.1 323.6 369.8 327.2 330.1 12.6 56.3 26.3-27.6-7.5 3.8 213.1 267.0 300.8 287.6 44.3 38.9 18.7 4.8 50.7-11.5 49.2 59.1 62.2 60.8 1.0 6.2 1.1 5.4 1.9-0.7 226.0 283.8 274.9 279.4 9.8 39.9 29.9-2.8 23.0 5.7 516.0 511.8 595.5 602.9-44.3-56.1 15.0 126.1-23.7 14.4 267.3 298.1 323.9 317.6 20.2 17.2-20.5 29.2 14.0-4.5 477.2 541.0 505.0 511.8 14.1 35.8 32.9-5.8 13.5 9.1 398.4 476.8 487.3 512.3 63.5 55.9 19.6 43.8 0.9 27.1 33.6 30.2 24.6 24.3-8.8-4.6-1.5 4.3-7.9-0.2 21.3 12.2 20.1 19.0 7.7-9.9-6.0 5.0 3.9-1.1 67.6 72.2 66.3 71.7 7.7 0.4-0.9 1.3-0.7 5.7 353.1 415.7 402.9 486.8-11.5 49.5 21.9-5.0 12.5 24.9 145.2 166.1 183.8 183.8 9.7 10.2-12.8 26.1 8.6 0.8 72.4 100.4 99.2 108.3 9.6 21.7 2.6 14.0-4.7 9.2 802.6 863.7 899.6 939.8-21.4 32.2 32.6 7.7 72.4 43.6 40.8 45.3 43.3 43.3 3.3 4.0 1.1-3.7 2.4 0.1 2,407.5 2,924.9 3,146.1 3,199.7 288.6 395.6 50.6 263.5 145.5 69.0 1,390.1 1,762.3 1,876.7 1,950.7 71.7 366.5 100.3-54.6 178.3 75.0 47.9 57.9 103.0 110.7-1.3 9.2 4.3-1.6 1.6 7.9 LIABILITIES 13,485.7 15,860.8 16,593.9 17,037.4 746.3 1,788.7 384.1 784.0 725.8 509.3 76.3 84.5 72.2 73.7 11.4 6.7 10.0-3.1-7.8 1.6 95.3 107.7 136.9 144.2 9.3 6.9-1.9 5.2 4.7 7.9 262.6 269.9 293.9 293.0-22.8 5.6 12.0-7.1 33.9-0.6 82.4 96.7 97.9 108.3 18.9 12.9 6.5-0.3 4.2 10.8 429.4 516.8 537.1 567.1 57.7 58.2 8.9 71.5-4.8 32.7 23.1 19.8 23.6 23.6-3.6-3.5-0.8 1.8 0.1 0.1 139.4 144.8 146.0 176.3 12.9 2.4-3.6-0.6 3.8 29.1 923.1 866.0 1,106.8 1,073.2-8.6-61.1-46.4 119.5 128.1-33.0 113.0 130.4 139.7 144.4 9.3 10.6 4.2 19.1 1.1 5.3 28.2 42.9 46.4 44.4-3.0 13.1-7.4 4.2 1.5-1.8 782.7 1,010.0 1,045.7 1,058.2 46.4 175.8 74.2 48.7 62.0 16.9 1,132.5 1,243.5 1,195.9 1,191.7 10.4 42.6-0.9 84.6-22.2 3.9 35.4 51.1 53.2 57.8-12.6 3.9-1.0 4.0 4.9 99.5 104.3 103.1 109.8-0.9 0.2 0.9 3.7 1.1 7.3 264.6 294.7 270.3 269.0 13.1 38.1 3.8-28.1 9.2-0.6 310.6 547.1 586.9 620.2 49.9 203.7 39.6 49.9 37.0 36.9 39.1 41.7 44.4 45.2 6.2-0.6 4.9 0.7 1.3 393.2 479.0 500.8 505.4 39.5 56.5 26.4 41.5 29.7 6.6 521.6 569.4 673.7 679.1-64.8 36.6 2.4 91.8 37.0 12.3 212.9 214.4 254.7 256.3-15.7-7.8-33.3 33.5 18.7 2.9 447.6 494.7 467.1 475.1 19.5 19.9 10.0 0.5 13.3 9.8 498.0 600.8 600.3 617.1 43.0 72.3 18.1 55.3-10.0 19.4 30.8 26.1 17.7 19.2-8.0-5.7-0.7 4.2-10.9 1.5 35.1 33.8 41.4 48.8 5.1-3.2-4.6 6.1 3.3 7.5 146.7 160.8 149.9 155.9 19.6 3.6-0.7 1.5 3.7 6.6 388.4 462.3 444.4 463.3 2.0 79.2 12.4-10.6 5.3 20.2 396.5 437.8 413.6 413.6 62.2 14.8-4.7 6.6 8.0 2.0 107.9 154.0 145.0 144.6 8.9 38.5 18.6 12.9-9.5-0.3 757.4 827.3 845.8 896.5-6.6 40.2 21.3 9.3 54.0 53.3 43.1 51.5 53.4 55.0 11.0 7.9 2.1 6.1-3.9 1.9 2,864.7 3,551.6 3,722.0 3,791.7 312.8 538.1 79.1 247.5 140.6 89.4 1,736.5 2,139.6 2,217.0 2,362.3 99.3 357.1 128.1-95.9 181.9 146.2 68.2 85.7 146.9 153.5 11.9 15.9 6.0 0.9 8.0 7.3 A 12 BIS Quarterly Review, March 2006

TABLE 3 B EXTERNAL LOANS AND DEPOSITS OF BANKS IN INDIVIDUAL REPORTING COUNTRIES (In billions of US dollars) In all currencies vis-à-vis the non-bank sectors REPORTING COUNTRIES ALL COUNTRIES............. Australia................... Austria..................... Bahamas................... Bahrain.................... Belgium.................... Brazil...................... Canada.................... Cayman Islands............. Denmark................... Finland.................... France..................... Germany................... Greece.................... Guernsey.................. Hong Kong SAR............. Ireland..................... Isle of Man................. Italy....................... Japan..................... Jersey..................... Luxembourg................ Netherlands................ Netherlands Antilles.......... Norway.................... Portugal.................... Singapore.................. Spain...................... Sweden.................... Switzerland................. Taiwan, China............... United Kingdom............. United States............... Other...................... ALL COUNTRIES............. Australia................... Austria..................... Bahamas................... Bahrain.................... Belgium.................... Brazil...................... Canada.................... Cayman Islands............. Denmark................... Finland.................... France..................... Germany................... Greece.................... Guernsey.................. Hong Kong SAR............. Ireland..................... Isle of Man................. Italy....................... Japan..................... Jersey..................... Luxembourg................ Netherlands................ Netherlands Antilles.......... Norway.................... Portugal.................... Singapore.................. Spain...................... Sweden.................... Switzerland................. Taiwan, China............... United Kingdom............. United States............... Other...................... AMOUNTS OUTSTANDING Dec. Dec. ESTIMATED EXCHANGE RATE ADJUSTED CHANGES Year Year Q4 Q1 Q2 CLAIMS 3,038.4 3,496.0 3,762.5 3,890.1 273.6 419.5 124.5 292.9 97.4 142.5 8.4 9.6 10.3 11.6 0.5 0.9 1.9 0.6 0.5 1.4 39.9 44.3 67.0 67.9 0.9 1.7 0.1 1.9 2.5 1.2 83.1 29.3 17.5 18.5 14.0-54.0-10.1-5.2-6.2 1.0 41.3 46.1 50.8 55.2 3.4 4.0 1.9 2.8 3.0 4.5 86.0 108.7 114.2 121.7 10.5 17.8-3.4 0.7 11.6 8.1 0.3 0.2 0.4 0.4-0.5-0.1 0.1 0.2 - - 9.6 11.3 13.5 15.1-3.4 1.0-2.3 3.0-0.6 1.1 268.0 173.7 259.6 272.1-3.4-94.7-45.1 84.3 2.7 12.7 23.0 28.1 30.2 33.9-2.8 3.7 4.6 2.9 1.7 3.8 3.4 4.5 4.9 5.2-9.5 0.9 0.3 1.7-0.8 0.3 110.7 127.2 125.1 130.3 4.0 8.5 4.8 1.4 5.6 5.6 435.4 493.7 465.5 471.2 40.7 36.7-1.2 3.4 4.2 8.4 4.9 5.6 3.8 3.4-0.6 0.3-3.4 0.2-0.4 8.8 9.0 7.5 7.2-2.1-0.3 1.1 0.3-1.3-0.2 36.9 34.2 33.0 35.5-0.4-0.9 3.5 - -0.4 2.5 93.6 95.5 114.9 96.7 16.4-3.4-2.3 6.6 20.2-17.7 12.8 12.1 10.3 10.3 0.9-1.6 0.7-1.5 0.5 0.1 35.4 38.7 32.3 37.4-0.4 1.0 0.2-4.4 1.4 5.3 190.1 199.2 259.0 264.4-20.2 78.2 8.9 81.1-15.8 7.6 15.8 10.4 12.1 10.0-12.9-6.0-2.2 1.3 1.1-2.1 117.6 126.9 114.6 124.5-6.6 2.2 7.5 0.6-1.8 10.5 86.2 121.5 114.0 114.2 16.9 30.4 15.7 3.5-3.8 0.5 12.9 15.6 18.2 17.2-0.8 2.2 1.6 2.5 0.8-1.0 7.2 6.6 7.4 9.3-0.8-0.8-0.7 0.3 0.8 1.9 8.3 9.3 8.9 9.1-0.6 0.4 0.1-0.1 0.6 0.2 83.6 93.5 98.1 103.7-0.4 7.7 2.1 1.8 6.4 6.1 32.3 37.1 41.0 41.0 3.0 2.8 1.4 3.8 3.5 0.1 18.3 26.0 22.4 29.4 1.5 5.8-0.7-0.2-0.9 7.0 81.6 109.6 101.8 105.1 8.3 24.9 13.3-1.4-1.5 3.6 13.2 15.9 16.3 16.5 0.8 2.6 0.3-0.1 0.5 0.3 748.7 1,011.5 1,118.3 1,183.2 144.1 228.9 70.5 107.6 50.6 70.1 308.4 427.7 433.6 431.4 71.7 118.1 51.3-3.7 11.5-2.1 12.6 13.3 36.0 37.7 0.7 0.5 0.5 0.5 0.6 1.8 LIABILITIES 3,893.6 4,566.3 4,630.4 4,761.5 457.1 521.6 151.2 286.5-13.2 152.1 18.3 22.1 25.4 23.1 4.1 3.5 3.7 2.1 1.6-2.2 17.9 20.3 38.9 39.7 2.5 1.2-0.5 0.2 1.0 1.0 114.4 82.8 102.1 102.3 34.5-33.2-6.2 10.9 10.9 0.5 21.1 26.1 29.3 32.3 0.4 4.5 2.8 0.7 3.3 3.1 140.0 169.8 165.3 186.5 6.0 19.4 2.6 20.2-8.6 22.3 1.9 1.8 2.5 2.1 0.8-0.1 0.2 0.8 - -0.4 35.9 41.6 37.2 38.8 7.1 4.8 2.7-3.5-0.3 1.1 447.1 480.7 461.2 493.7 8.6 32.3-0.7 25.7-43.5 32.6 12.4 18.8 18.7 17.6-2.2 5.4 4.2-0.6 2.1-1.1 2.4 4.6 5.4 6.1 0.1 1.9 0.8-1.2 0.7 88.3 101.1 100.7 104.8 5.3 5.6 7.0 4.7 3.5 4.5 387.3 423.1 398.5 403.7 4.3 16.1-8.2 23.1-12.7 10.3 12.2 23.9 22.9 23.4-10.2 3.3-2.1 1.6 0.6 42.3 45.2 41.5 41.3 4.5 0.2 1.3-0.3-0.3 0.2 71.8 79.2 80.2 82.0 8.2 11.4 4.9-1.0 3.7 2.0 62.7 133.1 145.3 151.2 11.9 62.3 5.4 14.6 8.8 6.8 33.3 38.7 41.6 40.6 3.1 3.1 0.5 5.1 0.4-0.4 27.8 36.3 39.9 41.2-0.1 6.1-1.3-0.1 7.6 1.4 55.5 65.6 127.1 121.0 2.8 8.7 2.2 62.3 3.7-4.8 114.3 102.2 123.6 126.1 24.3-17.7-27.1 23.1 4.8 3.4 162.6 180.5 159.8 160.7 7.2 7.9 3.3-0.5-4.8 1.6 116.2 131.9 124.3 122.7 6.6 10.1 20.7 4.8-3.6-1.1 9.8 11.3 11.3 12.2 0.2 1.0 1.3 2.6-1.8 1.1 5.0 4.7 5.4 6.0-1.0-0.7-2.0 1.1-0.5 17.1 24.1 20.8 25.1 2.9 5.3 0.6 2.1-2.9 4.4 136.6 150.4 152.8 158.1 1.1 9.7 5.6 7.5 0.9 5.9 161.4 130.5 100.6 100.6 16.4-37.9-4.8-11.2-8.2 0.4 10.7 13.3 14.4 15.7 1.5 1.6-0.8 0.4 2.3 1.3 323.8 354.1 346.8 345.3-4.6 17.4 12.6 4.3 7.5-0.4 20.7 24.7 25.0 25.0 3.5 3.5 1.1-0.6 1.1 0.3 776.8 977.5 1,052.6 1,064.2 146.4 160.4 39.2 107.7 26.3 17.4 405.8 597.6 561.8 597.3 142.2 190.6 74.8-17.1-18.0 35.6 40.2 48.6 47.9 51.2 8.7 7.1 1.9-0.4-1.0 3.6 BIS Quarterly Review, March 2006 A 13

TABLE 4 A LOCAL POSITIONS IN FOREIGN CURRENCY OF BANKS IN INDIVIDUAL REPORTING COUNTRIES (In billions of US dollars) Vis-à-vis all sectors REPORTING COUNTRIES ALL COUNTRIES............. Australia................... Austria..................... Bahamas................... Bahrain.................... Belgium.................... Brazil...................... Canada.................... Cayman Islands............. Denmark................... Finland.................... France..................... Germany................... Greece.................... Guernsey.................. Hong Kong SAR............. Ireland..................... Isle of Man................. Italy....................... Japan..................... Jersey..................... Luxembourg................ Netherlands................ Netherlands Antilles.......... Norway.................... Portugal.................... Singapore.................. Spain...................... Sweden.................... Switzerland................. Taiwan, China............... United Kingdom............. United States............... Other...................... ALL COUNTRIES............. Australia................... Austria..................... Bahamas................... Bahrain.................... Belgium.................... Brazil...................... Canada.................... Cayman Islands............. Denmark................... Finland.................... France..................... Germany................... Greece.................... Guernsey.................. Hong Kong SAR............. Ireland..................... Isle of Man................. Italy....................... Japan..................... Jersey..................... Luxembourg................ Netherlands................ Netherlands Antilles.......... Norway.................... Portugal.................... Singapore.................. Spain...................... Sweden.................... Switzerland................. Taiwan, China............... United Kingdom............. United States............... Other...................... AMOUNTS OUTSTANDING Dec. Dec. ESTIMATED EXCHANGE RATE ADJUSTED CHANGES Year Year Q4 Q1 Q2 ASSETS 2,343.1 2,652.0 2,851.7 2,857.6 410.1 219.4-6.6 234.2-4.4 15.9 28.6 32.2 32.6 33.9 1.0 2.9-0.4 1.0 0.5 1.4 49.8 55.6 92.6 92.5 1.4 1.7-1.5 0.8 3.3 0.3 14.1 4.3 10.0 10.0 4.2-9.8-3.6 2.9 3.0-14.5 11.0 10.9 11.4 7.5-3.6 1.6-0.1 0.3 0.6 18.0 21.5 17.2 16.6 2.7 2.9-0.3-4.0 0.2-0.6 14.7 13.5 18.7 17.7-0.3-1.2-3.8 3.7 0.1-1.0 20.8 24.0 23.4 22.0 2.0 3.1 3.1-1.3 0.8-1.4 20.0 18.7 18.8 19.8-2.4-1.4-0.5-0.1 0.3 1.0 30.8 35.8 36.4 39.0-0.1 2.6-0.8 2.2 2.1 2.8 2.0 1.5 5.1 2.0-1.1-0.6-0.1-0.2 3.9-3.1 98.1 117.6 121.5 126.7 11.3 18.6 3.2 12.0-4.2 5.7 132.3 142.8 140.6 141.3 7.0 3.7-3.8 1.4 5.4 1.3 14.5 13.6 10.3 10.0 - -1.2-0.6-3.4 0.4-0.3 1.7 2.9 2.7 2.3-0.2 1.1 0.3 0.1 - -0.5 82.6 78.8 80.3 82.5 11.2-4.8-1.7 0.1 2.8 2.4 44.7 47.1 53.2 57.6 5.2 0.5 1.3 4.3 3.9 4.8 2.5 1.7 1.1 1.2 1.3-0.8 0.1-0.4-0.2-45.7 51.9 48.3 51.5-4.9 5.0 2.1 0.6-2.4 3.4 107.4 104.5 128.1 136.5 3.9-4.6-1.4 32.9-6.5 8.6 21.5 20.3 24.7 25.2 0.9-1.4-1.2 1.5 3.1 0.6 30.7 30.2 31.2 34.8-0.5-1.4 0.5 4.1-1.7 3.7 56.9 66.2 80.1 65.9 11.9 7.5 4.2 20.1 15.4-14.0 1.7 6.1 5.8 4.0 0.6 4.1 2.6-1.3 1.4-1.8 14.5 12.3 12.2 12.2 2.3-2.7 0.2 0.3 0.3-4.4 6.3 3.5 3.7-0.6 1.8 1.7-2.5-0.2 0.2 66.5 75.4 69.3 74.8-5.3 6.6 3.0 2.1-4.5 6.1 15.8 17.3 15.9 15.9-1.3 1.1 0.7-0.6-0.5-50.8 53.5 40.3 36.9-1.8 0.4 2.4-2.7-7.2-3.3 27.4 31.5 29.9 32.4-0.4 3.0-0.4 2.1-2.1 2.6 61.6 68.7 67.2 71.2 7.3 6.5 2.6-1.5 0.9 4.2 1,174.0 1,398.7 1,433.2 1,420.0 330.9 168.6-20.3 157.7-30.2-8.6 74.4 86.9 186.4 186.4 16.4 11.1 4.3 2.4 7.1 0.7 LIABILITIES 2,649.3 2,993.7 3,236.4 3,296.0 511.2 256.0 55.7 300.6 16.2 70.6 17.4 22.9 24.3 26.1-1.6 5.1 3.0 0.7 1.5 2.0 12.3 15.0 38.8 39.6-0.4 2.2 1.0-1.2 0.4 1.0 20.0 10.2 12.7 12.7-0.6-9.9-3.4 1.4 1.4-18.5 14.3 15.0 16.0 8.0-4.3 1.7 0.5 0.5 1.1 16.4 23.2 18.7 17.9 2.2 6.2 0.6-4.6 0.7-0.8 12.4 7.7 13.0 17.6 6.5-4.7-1.6 2.0 0.1 4.6 48.3 56.4 56.7 62.3 8.3 7.7 1.2-0.4 1.2 5.6 46.9 51.4 53.5 58.9 3.5 2.8-1.5 6.4-1.5 5.5 11.1 13.5 14.3 13.1 2.8 1.8-1.0-1.2 3.0-1.2 2.5 1.8 1.5 1.6-0.3-0.8-0.4 0.3-0.5 0.1 82.0 93.1 97.5 105.0 4.4 9.5-7.1 5.9 1.4 7.9 66.0 68.6 71.0 71.8-5.1 0.5-1.1 3.1 2.2 1.1 25.8 28.7 25.5 26.7-2.6 2.7-2.6-0.1 1.3 11.9 14.1 11.4 12.2-0.4 1.8 2.9-0.4-1.7 0.9 221.7 237.2 237.8 241.9 18.3 12.1 8.9 2.3 3.0 4.9 37.0 38.8 40.7 42.5 9.9 0.6 1.4 2.4 0.8 2.0 2.7 3.4 3.9 3.8-0.7 0.6 0.3 0.5 0.1-0.1 48.3 62.9 64.4 67.1 0.7 13.0 3.5 4.1-0.3 3.2 309.0 304.3 401.1 393.5 90.4-8.4 7.9 102.3 2.9-7.2 60.3 63.1 76.9 76.5-10.2 0.4-10.2 14.9 3.5-0.2 72.3 84.1 93.6 104.3 8.5 9.3 1.9 10.1 3.1 11.3 42.7 70.1 54.4 53.2-1.9 26.3 24.0 5.8-4.9-1.0 3.2 7.8 8.1 6.3 0.4 4.3 0.8 1.6-0.8-1.8 5.4 6.5 6.0 8.5 0.5 1.0 0.6 1.9-2.2 2.6 4.1 6.4 4.4 4.6 0.2 2.3 2.0-1.6-0.4 0.1 63.6 66.2 63.7 70.0-2.9 1.3 5.2 3.2-3.7 6.6 10.9 15.9 15.3 15.3 0.8 4.7 2.0-0.7 0.5 0.1 34.8 38.3 22.4 25.6-4.8 2.0 3.0-3.9-9.8 3.3 99.7 115.3 109.0 110.8 6.2 11.1 7.4 1.6-0.9 2.3 109.9 125.0 131.2 138.9 26.0 14.0 8.8-0.9 9.0 8.0 1,051.3 1,239.6 1,302.2 1,302.7 332.8 136.2-13.3 147.4 2.4 5.3 80.9 87.6 147.4 149.0 9.5 4.9 4.7-0.2 5.1 2.0 A 14 BIS Quarterly Review, March 2006