BAC » Topics » Table 35 Total Cross-border Exposure Exceeding One Percent of Total Assets (1)

This excerpt taken from the BAC 8-K filed May 28, 2009.

Table 35   Total Cross-border Exposure Exceeding One Percent of Total Assets (1)

 

(Dollars in millions)   December 31      Public Sector      Banks      Private Sector      Cross-border
Exposure
     Exposure as a
Percentage of Total
Assets
 

China

  2008      $ 44      $ 20,091      $ 524      $ 20,659      1.14 %
  2007        58        16,558        424        17,040      0.99  
    2006        127        3,174        264        3,565      0.24  

(1)

Exposure includes cross-border claims by our foreign offices as follows: loans, acceptances, time deposits placed, trading account assets, securities, derivative assets, other interest-earning investments and other monetary assets. Amounts also include unused commitments, SBLCs, commercial letters of credit and formal guarantees. Sector definitions are consistent with FFIEC reporting requirements for preparing the Country Exposure Report.

 

As presented in Table 36, foreign exposure to borrowers or counterparties in emerging markets increased $5.4 billion to $45.8 billion at December 31, 2008, compared to $40.4 billion at December 31, 2007. The increase was primarily due to our increased equity investment in CCB

as well as higher exposures in India and Bahrain. Foreign exposure to borrowers or counterparties in emerging markets represented 35 percent and 29 percent of total foreign exposure at December 31, 2008 and 2007.


 

 

This excerpt taken from the BAC 10-K filed Feb 27, 2009.

Table 35   Total Cross-border Exposure Exceeding One Percent of Total Assets (1)

 

(Dollars in millions)   December 31      Public Sector      Banks      Private Sector      Cross-border
Exposure
     Exposure as a
Percentage of Total
Assets
 

China

  2008      $ 44      $ 20,091      $ 524      $ 20,659      1.14 %
  2007        58        16,558        424        17,040      0.99  
    2006        127        3,174        264        3,565      0.24  

(1)

Exposure includes cross-border claims by our foreign offices as follows: loans, acceptances, time deposits placed, trading account assets, securities, derivative assets, other interest-earning investments and other monetary assets. Amounts also include unused commitments, SBLCs, commercial letters of credit and formal guarantees. Sector definitions are consistent with FFIEC reporting requirements for preparing the Country Exposure Report.

 

As presented in Table 36, foreign exposure to borrowers or counterparties in emerging markets increased $5.4 billion to $45.8 billion at December 31, 2008, compared to $40.4 billion at December 31, 2007. The increase was primarily due to our increased equity investment in CCB

as well as higher exposures in India and Bahrain. Foreign exposure to borrowers or counterparties in emerging markets represented 35 percent and 29 percent of total foreign exposure at December 31, 2008 and 2007.


 

 

EXCERPTS ON THIS PAGE:

8-K
May 28, 2009
10-K
Feb 27, 2009
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