UK-owned monetary financial institutions and their branches and subsidiaries worldwide reported an increase in consolidated foreign claims on an ultimate risk basis
of $252.1 billion during Q1 2012, to stand at $4,222.5 billion. The largest rise was to Developed Countries, up $188.5 billion to stand at $2,699.7 billion, with the largest increases in claims on Germany and the Netherlands. Claims on Offshore Centres rose by $17.6 billion to $531.1 billion, driven by a rise in claims on Hong Kong and Jersey. Claims on Developing Countries increased by $38.7 billion to stand at $949.1 billion, with the largest rise in claims reported on South Africa and Mexico.
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