Table 33 : Consolidated Assets and Liabilities of Offshore Banks

(End of Period)

[ US dollars million ]

Dec-97

Jun-98

Aug-98

Sep-98

Oct-98

Nov-98

Dec-98

Jan-99

Feb-99

ASSETS EMPLOYED

Assets

Cash in Hand and Balances with Banks

654.3

727.9

950.9

1,045.5

1,243.0

1,235.6

1,249.9

1,384.5

1,414.4

Investments in Bonds and Other Securities

34.8

58.5

56.3

56.3

56.3

56.0

56.2

66.0

72.1

Loans and Advances to Non-bank Customers

214.7

226.2

345.9

376.4

379.1

389.3

460.4

469.5

505.6

Bills Purchased and Discounted

3.5

3.3

3.4

2.3

2.2

1.8

2.2

2.2

2.0

Other Assets

6.5

6.3

7.0

8.6

10.0

10.8

12.0

13.0

14.3

[A]

913.8

1,022.2

1,363.5

1,489.1

1,690.6

1,693.5

1,780.7

1,935.2

2,008.4

Less :

Liabilities

Deposits of Non-bank Customers

669.4

651.0

794.4

822.7

902.8

855.4

882.9

959.9

943.0

Amounts due to Banks

190.3

158.9

292.7

396.6

506.4

548.4

568.8

645.1

729.7

Other Liabilities

15.6

20.9

76.3

35.8

40.8

41.4

42.2

39.5

46.4

[B]

875.3

830.8

1,163.4

1,255.1

1,450.0

1,445.2

1,493.9

1,644.5

1,719.1

Excess of Assets over Liabilities

[A]-[B]

38.5

191.4

200.1

234.0

240.6

248.3

286.8

290.7

289.3

FINANCED BY :

Capital and Reserves

38.5

191.4

200.1

234.0

240.6

248.3

286.8

290.7

289.3

Off-Balance Sheet Items

110.4

166.9

151.2

135.0

141.6

139.1

155.9

221.6

186.5