{"id":96945,"date":"2016-10-18T14:49:08","date_gmt":"2016-10-18T18:49:08","guid":{"rendered":"http:\/\/countingpips.com\/?p=96945"},"modified":"2016-10-18T14:49:08","modified_gmt":"2016-10-18T18:49:08","slug":"global-lending-to-emerging-markets-rises-in-q2-bis","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/10\/global-lending-to-emerging-markets-rises-in-q2-bis\/","title":{"rendered":"Global lending to emerging markets rises in Q2 &#8211; BIS"},"content":{"rendered":"<div id=\"inves-3773177389\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">October 18, 2016<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>By <a href=\"http:\/\/www.centralbanknews.info\/\"><u>CentralBankNews.info<\/u><\/a><br \/>\n&nbsp; &nbsp; Cross-border lending to emerging market economies rose for the first time in a year during the second quarter of 2016 against a backdrop of overall stagnant international banking activity, &nbsp;according to the Bank for International Settlements (BIS).<br \/>&nbsp; &nbsp; International bank lending data from the end of June showed that cross-border claims on borrowers from emerging markets rose by $110 billion to an outstanding stock of $3.3 trillion, partially offsetting a $379 billion decline seen in the previous three quarters.<br \/>&nbsp; &nbsp;A $61 billion increase in second quarter lending to China dominated a $70 billion rise in lending to emerging Asia but total claims on China were still down 24 percent year-on-year while claims on emerging markets in Asia were down 15 percent.<br \/>&nbsp; &nbsp; Cross-border lending to Latin America and the Caribbean also grew in the second quarter, up by $11 billion, with claims on &nbsp;Mexico and Brazil growing by $6 billion and $4 billion, respectively. BIS said Spanish banks accounted for a substantial share of lending to Brazil.<br \/>&nbsp; &nbsp; Lending to Africa and the Middle East also rose in the second quarter &#8211; up by $33 billion &#8211; pushing the annual growth growth to 12 percent to a record $573 billion in outstanding claims. Most of the loans went to the United Arab Emirates (a rise of $17 billion), Saudi Arabia (up by $9 billion) and Qatar, up by $4 billion.<br \/>&nbsp; &nbsp; But overall data for global cross-border credit showed that outstanding claims at the end of June were largely unchanged from June last year at $27.4 trillion, with claims on lenders from advanced economies of $19.7 trillion<br \/>&nbsp; &nbsp; Although global cross-border claims were up by $464 billion in the second quarter, intragroup banking activity accounted for most of this increase so BIS said that on a consolidated basis, claims were virtually unchanged.<\/p>\n<p>&nbsp; &nbsp; <a href=\"http:\/\/www.bis.org\/statistics\/rppb1610.htm\">Click to read BIS international banking statistics at end-June 2016.<\/a><\/p>\n<p>&nbsp; &nbsp;<a href=\"http:\/\/www.centralbanknews.info\/\">www.CentralBankNews.info<\/a><\/p>\n<p>&nbsp; <\/p>\n","protected":false},"excerpt":{"rendered":"<p>By CentralBankNews.info &nbsp; &nbsp; Cross-border lending to emerging market economies rose for the first time in a year during the second quarter of 2016 against a backdrop of overall stagnant international banking activity, &nbsp;according to the Bank for International Settlements (BIS).&nbsp; &nbsp; International bank lending data from the end of June showed that cross-border claims [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-96945","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/96945","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=96945"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/96945\/revisions"}],"predecessor-version":[{"id":96946,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/96945\/revisions\/96946"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=96945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=96945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=96945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}