0072u.
INDEBTEDNESS AND BRITISH EXPOSURE
CONFIDENTIAL
banks'
exposure[1]
Total external
British-owned
$ billion
ECGD
amounts
debt $bn
at risk
End-Dec
1986*
End-Dec
1986
End-March
End-March
1987 [2]
1987 [3]
Latin America
Argentina
51
3.0(0.2)
0.2
0.2
Brazil
111
6.6(1.4)
1.0
1.9
Chile
19
1.3(0.1)
0.1
Colombia
15
0.6(0.1)
0.1
0.1
Costa Rica
5
0.1(
Ecuador
8
0.5(0.1)
0.1
0.1
Jamaica
4
-(-)
Mexico
98
6.3(0.7)
0.7
1.3
Peru
15
0.3(
-
0.1
0.2
Uruguay
4
0.3
-
}
Venezuela
36
2.1(0.1)
Par East
Indonesia
42
Malaysia
21
Philippines
29
0.8(0.3)
0.9
1.8
1.1(0.3)
0.1
0.1
1.3(0.2)
0.1
0.2
Eastern Europe (convertible currency)
Hungary
15
0.3(
-
I
0.1
Poland
34
0.6(
-
1.3
1.4
Romania
6
0.2(
0.3
0.4
Yugoslavia
19
0.8(0.1)
0.7
0.9
Southern Europe
Greece
Turkey
==
18
1.2(0.2)
0.1
0.3
31
0.5(0.3)
0.2
0.6
Sub-Saharan Africa
Cote d'Ivoire
9
0.3( - )
0.1
0.1
Nigeria
20
1.3(0.2)
2.5
3.5
South Africa
22
3.6(0.6)
0.9
2.5
Sudan
11
-
(
-
}
0.2
0.2
Middle East and North Africa
Algeria
27
0.4(0.1)
0.2
0.4
Egypt
45
0.2(0.2)
0.3
1.3
Iraq
55[4]
0.1(
->
0.6
1.6
Israel
31
0.4(0.1)
0.1
0.2
Morocco
17
0.2( - )
0.2
0.3
Oman
3
0.1(0.1)
0.7
1.9
Saudi Arabia
14
0.6(0.2)
0.2
0.3
[1] Defined as consolidated external claims including portfolio investments with a
contractual repayment date, adjusted for certain inward and outward risk transfers in respect of guaranteed loans, plus any net claims on local residents in local currency. Amounts in brackets represent total unused commitments adjusted for certain inward and outward risk transfers in respect of guaranteed loans. Other portfolio investments in these 31 countries amounted to $9 million at end-December 1986.
[2] Defined as ECGD-guaranteed loans disbursed, plus political claims paid and
claims under examination.
[3] Defined as ECGD-guaranteed loans (disbursed and undisbursed) and contractual
interest, plus political claims paid and claims under examination.
[4] Includes $30 bn from Arab countries.
Current estimate.