US dollar credit is growing quickly outside the United States, especially in Asia, and in some economies it has … outpaced overall credit growth. Cross-border sources of credit bear watching in view of their record of outgrowing overall … credit in credit booms. Foreign currency and cross-border sources of credit raise policy issues …

policy. Banks with a large international presence tend to tolerate more their credit risk exposition relative to domestic … insulate better the monetary policy changes from their credit supply than domestic banks. This result is consistent with the …

This article looks in detail at one aspect of global liquidity: cross-border credit provided by banks. Cross …

Risk-management credit strategies -- 7 Conclusions -- Bibliography -- Index …