DCW’s LC Issuance Statistics for U.S. banks have an upgrade and a new look.
The updated statistics now make it easier to explore and compare quarterly letter of credit data across the top U.S. banks.
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What’s New
Sortable columns Sort the dataset by column to quickly identify which institutions lead in specific categories, including Standby LCs, Commercial LCs, and other totals. Simply click the numbers in the relevant column header to reorder the table.
Search across the dataset You can now search the full dataset via the search bar in the top left.
DCW is also launching the Data Lab, a new paid add-on that unlocks deeper insight into U.S. banks’ trade and treasury portfolios.
In addition to core LC issuance data, Data Lab adds balance sheet context and ratio analysis designed to help users benchmark LC exposure relative to institutional size, capital, and lending activity.
DCW Data Lab Includes
Core LC Issuance Data:
Numbers are in USD 1,000s and reflect net LC value amounts outstanding at close of referenced quarterly period.
"Financial SBLCs" and "Performance SBLCs" reflect net after subtracting respective amounts conveyed to others.
"Standby LCs" reflects the combined total for "Financial SBLCs" and "Performance SBLCs".
"TotalLCs" reflect totals for "Standby LCs" and "Commercial & Similar LCs".
"CLC / SBLC (%)" shows the ratio as a percent of Commercial LCs to SBLCs.
Institutional Size Metrics: new
"Total FI Assets" reflects the FI's total balance-sheet assets.
"Total FI Equity” reflects the FI’s total equity capital.
"Total FI Loans & Leases" is the FI's total lending portfolio.
LC Portfolio Exposure: new
“SBLCs / Assets”, “CLCs / Assets” and “Total LCs / Assets” reflect LC exposure as a percent of the FI’s total balance-sheet assets.
“SBLCs / Equity” “CLCs / Equity” and “Total LCs / Equity” reflect LC exposure as a percent of the FI’s total equity capital.
"CCF Adj. SBLC Exposure", "CCF Adj. CLC Exposure", and "Net LC / Equity (%)" reflect the Credit Conversion Factor (CCF) Adjusted exposure for SBLCs, CLCs, and Total LCs.
"CLC / Loans (%)" reflects the CLC exposure of an FIs total Loans portfolio.
Chris Sandler is the COO of the Institute of International Banking Law & Practice, the organization which produces DCW. Reach Chris at sandler@iiblp.org