The increase in exposure to Israel runs counter to the downward trend in exposure to developing markets.
The volume of exposure on the part of international banks to Israel totaled $8.5 billion in the first quarter, a 3.6% rise, compared with the previous quarter. The figures were published today by the Bank for International Settlements (BIS) in a report on the exposure of international banks to various countries. The BIS fosters cooperation among central banks and other agencies.
The increase in exposure to Israel runs counter to the downward trend in exposure to developing markets. The report also indicates that Israel’s short-term loans constituted 43.6% of total loans, while the rest were for one year or more. This figure represents a 5% increase in short-term loans compared with the fourth quarter of 2000 and a corresponding decrease in long-term loans.
Published by Israel's Business Arena on July 30, 2001