Cross-border claims end upward rise, BIS data shows
Aggregate figures mask substantial variation
Banks' global cross-border claims fell slightly in the last quarter of 2014 ending three consecutive quarters of increases, according to the latest data published by the Bank for International Settlements (BIS).
The "modest" quarterly decline of $5 billion left year-on-year growth roughly unchanged and still positive, at 5%. It also "masked countervailing patterns" across sectors, the BIS noted in its report.
Cross-border lending to non-banks grew by $174 billion, while cross-border claims on
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