Country Exposure Lending Survey

What Is the Country Exposure Lending Survey?

The country exposure lending survey is a quarterly economic survey that breaks down all lending by U.S. banks and other financial institutions to foreign sources as indicated by different classes

It is otherwise called the FFIEC 009 report.

The Basics of the Country Exposure Lending Survey

The country exposure lending survey is issued on a quarterly basis and is required for bank institutions that loan money globally. The survey positions borrowers by loan type, for example, whether the loan is public or private, as well as by maturity, geographic location, and currency. The report gives this data on loans to more than 190 countries and is broken down by country and region. The loans might be issued by U.S. banks, savings associations, bank holding companies, savings and loan holding companies, and intermediate holding companies.

The survey started in 1977 and was known as the FR 2036 report. Then, in 1984, it became designated as a Federal Financial Institutions Examination Council (FFIEC) report and was renamed the FFIEC 009. It has been amended over the course of the years to give more subtleties and to add things. The FFIEC was shaped during the 1970s to make predictable principles, standards, and report forms for the federal examination of U.S. financial institutions.

The Federal Financial Institutions Examination Council (FFIEC) is an interagency body of the U.S. government comprised of several U.S. financial regulatory agencies. The FFIEC was made on March 10, 1979, and is intended to advance steady and uniform standards for financial institutions; the council likewise administers the appraisal of real estate in the U.S.

As an interagency regulatory body, the FFIEC makes uniform standards and principles for examination of financial institutions by each of the five of its composite agencies. It further makes suggestions expected to keep up with uniformity in how financial institutions are regulated at the federal level.

FFIEC 009

The FFIEC 009 report comprises of four timetables; one of these timetables contains two parts. The timetables deal with the accompanying: claims on an immediate risk basis, claims on a ultimate risk basis and memorandum things, foreign-office liabilities, cockeyed sheet things, and claims from positions in derivatives contracts. The individual reports are confidential; in any case, the total data, and not the specific activities of individual banks, are not confidential and are unveiled.

The data collected in the survey likewise demonstrate credit and related risks, for example, country risk. There is a supplement report (FFIEC 009.a) that must be documented to give specific data about the institutions' exposures in certain countries. Each report must be marked and certified by an executive officer of the institution reporting the loans.

Features

• The data accumulated in the survey can be utilized as an indication of foreign credit exposure and related risks, for example, country risk.
• The country exposure lending survey is intended to give quick understanding into where U.S. lenders will send their money overseas.
• Otherwise called the FFIEC 009 report, this economic survey tracks lending from U.S. banks to foreign borrowers broken down by region and country.