Developments in international banking and capital markets in 1990

Quarterly Bulletin 1991 Q2
Published on 01 June 1991

This article continues the annual series on developments in international banking and capital markets. The article has a short overview, followed by sections on developments in international banking and capital markets. There is a feature on asset-backed bonds.

  • There was a slowdown in the rate of growth of international banking business in 1990, particularly in the interbank market.
  • Although its share slightly declined, Japan maintained its position, just ahead of London, as the largest international banking centre.
  • Primary activity in the international capital markets, at $494 billion, was broadly unchanged from 1989. There was a substantial shift in instrument composition, with an increase in floating-rate notes offsetting a sharp decline in equity-related issues.
  • Falls in asset prices and recessionary pressures in many major economies led to a renewed emphasis among financial intermediaries on profitability and credit quality.

PDFDevelopments in international banking and capital markets in 1990


Other Quarterly Bulletin 1991 Q2 articles

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