Financial indicators for the transition economies and selected east Asian countries, end-June 1997

(Billion dollars, per cent and ratios)

	Bank debt			Credit commitments c	Official reserves a	Reserves/
	Total a	Short-term a	Share b	Credit commitments c	Official reserves a	M1 d	DM e	ST debt f
Eastern Europe	46.9	20.1	42.8	23.1	50.9	1.45g	0.67g	2.73
Baltic states	0.7	0.4	47.6	8.2	2.4	0.80g	0.73g	6.74
Russian Federation	69.1	38.3	55.4	10.2	20.4	0.47	0.32	0.53
Other CIS countries h	3.3	1.8	54.8	36.0	3.2	0.51g	..	1.78
Indonesia	58.7	34.7	59.0	27.3	14.7	0.58	0.13	0.25
Malaysia	28.8	16.3	56.4	13.0	19.2	0.65	0.24	0.67
Philippines	14.1	8.3	58.8	21.4	7.0	0.78	0.24	0.50
Republic of Korea	103.4	70.2	67.9	9.9	24.5	0.60	0.15	0.24
Thailand	69.4	45.6	65.7	7.6	22.6	1.37	0.23	0.33
Total Asia above	274.4	175.1	63.8	..	88.0	0.73	0.18	0.32
Taiwan Province of China	25.2	22.0	87.3	31.4	64.9	..	..	2.58

Source: BIS, The Maturity, Sectoral and Nationality Distribution of International Bank Lending, First Half 1997 (Basle), January 1998; IMF, International Financial Statistics (Washington, D.C.), December 1997; national statistics; UN/ECE secretariat calculations.
Note: Short-term bank debt includes all liabilities maturing within one year.
a Liabilities vis-à-vis international banks, billion dollars.
b Short-term debt/total bank debt (per cent).
c Undisbursed credit commitments/total bank debt (per cent).
d Official foreign currency reserves/money stock (M1) (ratio).
e Official reserves/domestic money stocks (ratio); domestic money: M2 less foreign currency deposits.
f Official reserves/short-term bank debt (ratio).
g Unweighted averages.
h Belarus, Republic of Moldova and Ukraine.