The bank will soon report data on internationalbanklending quarterly, rather than just twice a year, and it hopes to help spot incipient crises by providing information on borrowers' obligations at home as well as abroad.
Ex-Barclays CEO Robert Diamond quit in July after revelations that the bank had been involved in an international scheme to manipulate interbank lending rates.
Unfortunately, with the imminent creation of the European Bank for Reconstruction and Development (EBRD), the prospect of large-scale internationallending to the Soviet Union is looming.
Kenya's Equity Bank has formed an alliance with groups such as The International Fund for Agricultural Development to reduce its risks when lending to smallholders.
The Bank for International Settlements (BIS) argued in its recent annual report that huge growth in bank reserves was driving overnight-lending rates to zero, causing the market for unsecured overnight lending to atrophy.