Cross-border credit posts biggest rise since Covid
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Derivatives claims on overseas NBFIs rise 16% to $2 trillion
Cross-border bank credit increased by $1.7 trillion in the first quarter, the most since the outbreak of the Covid-19 pandemic, according to the latest data from the Bank for International Settlements (BIS).
Non-bank financial institutions (NBFIs) accounted for the largest increase among individual counterparty sectors, with credit rising to $650.6 billion. This was the second-highest figure since
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