Cross-border bank credit growth hits 17-year high

- By Lea Mok
- 22 May 2026

Cross-border bank credit expanded by 11.5% year on year at end-2025, the fastest annual growth rate since the global financial crisis, while euro-denominated credit to emerging markets grew at nearly twice the pace of dollar credit.

Data from the Bank for International Settlements (BIS) shows cross-border bank credit increased by $656 billion in Q4 2025, bringing the outstanding stock to $38.1

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