072u
INDEBTEDNESS AND BRITISH EXPOSURE
Europe
Greece
Turkey
CONFIDENTIAL
$ billion
Total external
British-owned
banks'
ECGD
amounts
debt $bn
exposure [1]
at risk
End-Dec
End-June
End-March
1987
1988
1987 [2]
End-March 1987 [3]
21
1.3 (0.4)
0.1
0.3
38
0.4(0.1)
0.2
0.6
Sub-Saharan Africa
Cote d'Ivoire
12
0.3(0.0)
0.1
0.1
Nigeria
26
1.3(0.1)
2.5
3.5
South Africa
23
3.7(0.6)
0.9
2.5
Sudan
12
0.0 (0.0)
0.2
0.2
Middle East and North Africa
Algeria
24
0.4 (0.1)
0.2
0.4
Egypt
50
0.2(0.1)
0.3
1.3
Iraq
65 [4]
0.1(0.1)
0.6
1.6
Jordan
5 [5]
0.2(0.0)
0.1
0.7
Morocco
20
0.2(0.
.0)
0.2
0.3
Oman
3
0.1(0.1)
0.7
1.9
Saudi Arabia
18 (6)
0.7 (0.2)
0.2
0.3
[4]
Includes $30 bn from Arab countries.
[5]
[6]
More recent
End-December 1986 estimate which excludes sizeable military debt. estimates put the figure at $6.5 bn (again probably excluding military debt).
External bank and guaranteed trade debt at end-December 1987.