Page 435 - Special Topic Session (STS) - Volume 3

STS552 João Falcão Silva et al.
References
1. Committee on the Global Financial System (2012): “Improving the BIS
international banking statistics”, CGFS Papers, no 47, BIS, November.
2. Avdjiev, S., McGuire P. and Wooldridge P. (2015): “Enhanced data to
analyse international banking”, BIS Quarterly Review, September, pp 53–
68.
3. Bank for International Settlements (2016): “Recent enhancements to the
BIS statistics”, BIS Quarterly Review, September, pp 35–44.
4. Eurostat (2017): Balance of Payments Vademecum, European
Commission, February.
5. Pradhan S. and Silva, J. Falcão(2019): “Uses of mirror data: examples from
the BIS international banking statistics and other external statistics”, IFC
Bulletin, January, No 49.
6. International Monetary Fund (2018): “Sectoral classification of
international organizations”, Clarification note, IMF Committee on
Balance of Payments Statistics.

Statistical formulation of scenarios under method II

The following scenarios are defined according to the available/reported
24
information on counterparty sector N, F, P and H :
1. Deposits placed with banks by households (H) of a country –
liabilities of banks vis-à-vis sectors H and N are reported [available
since Q4 2013]: We use reported data without any change . If banks
25
in country report H sector vis-à-vis country , country should use
directly the information reported from country for its sector H for all
reported periods:

,
(asset) = (); = 1,2, … , stands for periods
,

on a quarterly basis (1 is the latest period and the first
reporting quarter).
For the non-reported periods (prior to Q4 2013), the estimation
procedure follows two steps:

a. Calculate the (simple/weighted/moving) average of the
Households weight in the Non-banks sector (N) for the available
̅
periods ( , ):

24 In cases when subsectors are partially reported, we proportionally allocate residual amounts
to reportable subsectors (eg N= F+P+X where F>0, P>0 and X>0, amount in X are
proportionally allocated to F and P. The same rule is adopted for residual amounts in sector K)
For example, Austria reports deposit liabilities vis-a-vis sector H of Portugal (PT) since Q4
25
2013.
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