WASHINGTON - Loans to foreign borrowers by U.S. banks totaled $198.28 billion in June, up 1.7% from $194.86 billion in March, the Federal Reserve Board said.
The foreign-lending figures came from a quarterly survey of 185 banks by the Federal Financial Institutions Council.
Of the loans outstanding, $133.10 billion had maturities of less than one year, $26.86 billion had one-year to five-year maturities, and $38.33 billion were longer term.
Of the total, $127.8 billion, or 64%, was owed to the eight largest money-center banks.
Residents of the United Kingdom had the largest outstanding borrowings at $27.79 billion, followed by Mexico at $16.32 billion, Japan $13.17 billion, and France $9.56 billion.
