International Banking Activity Amidst the Turmoil
13 Pages Posted: 13 Jul 2012 Last revised: 29 Sep 2013
Date Written: June 1, 2008
The recent period of financial turmoil has had a significant impact on banks’ global balance sheet positions. This piece uses the BIS international banking statistics to trace the longer-term developments in the interbank market which contributed to the funding difficulties experienced during the turbulence. It concludes with an analysis of banks’ bilateral interbank exposures, at the level of national banking systems, and discusses the emerging signs of a credit contraction.
Keywords: Financial crisis, funding risk, international banking
JEL Classification: F34, G15, G21
Suggested Citation: Suggested Citation