BIS statistics show divergent outlook for credit flows

bis-5
BIS in Basel. Photo by Dan Hinge
Dan Hinge

The latest Bank for International Settlements (BIS) cross-border banking statistics show continued expansion in credit flows between economies, but digging deeper into the figures reveals considerable disparities.

Published today (July 24) the international banking statistics for the first quarter of 2015 show developed economies experiencing a much greater expansion of cross-border claims than emerging markets.

Overall, cross-border lending was up 5.6% on a year earlier, an increase of $755 bil

To continue reading...