BASEL, Switzerland -- Western and Japanese banks, more cautious after economic troubles in recent years, moved further to shorten the terms of their international loans in the second half 1993, the Bank for International Settlements said.

In its latest report on bank lending, the Basel-based confederation for central banks said loans with a maturity of one year or less represented 53.6% of overall lending at yearend, up from 52.4% in mid- 1993 and 50.6% percent at the end of 1992.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.