Banks’ cross-border exposures to shadow lenders fell in Q2
Loans and deposit claims reduced most over the quarter
Banks’ cross-border exposures to so-called shadow banks fell back slightly over the second quarter, having barrelled higher in Q1, data from the Bank for International Settlements (BIS) shows. Outstanding claims and liabilities are still elevated over end-2019 levels, however.
Banks’ outstanding claims vis-à-vis non-bank financial institutions (NBFIs) totalled $7.33 trillion globally as of end
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