Banks' cross-border exposure +2% in Q3 to $31.7T vs. -0.6% in Q2, the Bank for International...

|By:, SA News Editor

Banks' cross-border exposure +2% in Q3 to $31.7T vs. -0.6% in Q2, the Bank for International Settlements says. Total lending in developed countries +$430B vs. - $245B, but exposure to Italy -$113B and to Spain -$63.6B. Lending to developing countries -$10B, mainly due to falls in Central and Eastern Europe. (PR)