International lending increases at the slowest pace in 13 months

International lending by banks grew at the slowest rate in a thirteen-month period in the Q3 as an increase of loans to non-bank lending was offset by drops in claims on banks, the Bank for International Settlement reported on Monday. The report showed the international lending by banks added 0.1%, when lending to non-banks grew 1.4%, while lending to banks fell 0.7% in the Q3.