Sanctioning Apartheid - KORA

Sanctioning Apartheid
Table 9
Total cseditg (in $US billion) of foreign banks and non-
banks in South Africa, 31 December 1986
l3mds
Guntry Total Tofnl OECD
wtWtthout Gourn-
Inter- ment
bank Guaran-
UK 3.62
us 2%
Germany 1.87
Switzerhd 1.68
France 203
Japan 1.56
Others 2.41
Total
teed
2.32 0.83
1.06 0.0
1.45
Nm-Banks
T0hP OECD
Grraern-
menf
Guaran-
teed
0.4 0.25
0.4b 0.0
0.9 0.21
0.1 0.0
02 0.16
0.6 0.58
0.4 0.16
Est.
Tot.
Exp.
Notes
Without Interbank Total bank exposure less interbank lending.
OECD Governmat Guarankes: Guamtees by pvemments of oam
glemtrer counh-ies given separateIy for bank and non-bank
dts. The latter includes credits by government trade finance
agenaes.
a. Very mugh estimates by scaling the total of $2.8 billion by the
machinery experts of ~ach country for 1986. The I986 values
were obtained by scaling tbe 1985 0- statistics for macbwq
to 1986 by total exports for each year.
b. US data for nowbank uedits are given as $50 million in Table CM-
IV-5 of the Trerrsuy Bullletin, Department of the Treasury.
Howwer, claims on subsidiaries are not included and thus it is a
lower bod.
Ktunmr &ding Since the Moraton'um
The one sector of the South African economy which is
ham to have received foreign funds since the moratorium has
been the public sector, both public authorities and public
corporations.