Center for Global Development [to 28 November 2015]
http://www.cgdev.org/page/press-center

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Changes in Funding Patterns by Latin American Banking Systems: How Large? How Risky? – Working Paper 420
11/20/15
Liliana Rojas-Suarez and José María Serena
This paper investigates the shifts in Latin American banks’ funding patterns in the post-global financial crisis period. To this end, we introduce a new measure of exposure of local banking systems to international debt markets that we term: International Debt Issuances by Locally Supervised Institutions. In contrast to well-known BIS measures, our new metric includes all entities that fall under the supervisory purview of the local authority.