Cross-border claims / CAN
Canada
The banks located here, whoever owns them, held $1.80T of cross-border claims outstanding in Q4 2025: 3.91% of the world total that quarter, the 8th largest of the reporting systems active in it. Its series in the BIS locational statistics runs from Q4 1977 to Q4 2025.
Claims outstanding, Q4 1977–Q4 2025
Total cross-border claims of the banks located here, USD trillions, quarterly. Nominal dollars: movements mix changes in positions with changes in the dollar value of non-dollar books, and this BIS cut carries no adjusted-change series to separate them.
Source: BIS Locational Banking Statistics (WS_LBS_D_PUB), BIS Data Portal (data.bis.org). Selection: cross-border claims (measure C, amounts outstanding), reporting country CAN vs all counterparties (5J), quarterly, 1977-Q4 to 2025-Q4. License:free with “Source: BIS” attribution. Methodology
Who these banks lend to
Every counterparty country BIS publishes for this system in Q4 2025: 53 of them, $1.66T in total, which is 92.4% of its published all-countries total. The five largest counterparties are 92% of the named book. 30 of the 53 borrowers are themselves reporting systems in this dataset and link through to their own book; the other 23 appear here only as borrowers.
| # | Counterparty | Claims | Share of named book | Q1 2008 | Change |
|---|---|---|---|---|---|
| 1 | USA United States | $1.22T | 73.6% | $173.68B | +605% |
| 2 | GBR United Kingdom | $161.15B | 9.7% | $36.64B | +340% |
| 3 | CYM Cayman Islands | $67.95B | 4.1% | $20.97B | +224% |
| 4 | IRL Ireland | $57.29B | 3.4% | $20.65B | +177% |
| 5 | BMU Bermuda | $24.87B | 1.5% | $3.03B | +721% |
| 6 | FRA France | $19.53B | 1.2% | $3.16B | +519% |
| 7 | SGP Singapore | $17.71B | 1.1% | n/a | n/a |
| 8 | BRB Barbados | $17.62B | 1.1% | $17.34B | +2% |
| 9 | BHS The Bahamas | $14.05B | 0.8% | $11.90B | +18% |
| 10 | DEU Germany | $14.04B | 0.8% | $1.19B | +1077% |
| 11 | AUS Australia | $7.28B | 0.4% | $607M | +1099% |
| 12 | LUX Luxembourg | $7.11B | 0.4% | $515M | +1280% |
| 13 | CHE Switzerland | $5.95B | 0.4% | $776M | +667% |
| 14 | HKG Hong Kong SAR | $3.74B | 0.2% | $1.26B | +196% |
| 15 | NLD Netherlands | $3.43B | 0.2% | $3.03B | +13% |
| 16 | ARE United Arab Emirates | $3.16B | 0.2% | $100M | +3063% |
| 17 | SWE Sweden | $2.21B | 0.1% | n/a | n/a |
| 18 | ESP Spain | $2.05B | 0.1% | n/a | n/a |
| 19 | TWN Chinese Taipei | $1.52B | 0.1% | $185M | +720% |
| 20 | KOR Korea | $1.08B | 0.1% | $390M | +178% |
| 21 | ISR Israel | $1.06B | 0.1% | n/a | n/a |
| 22 | FIN Finland | $998M | 0.1% | n/a | n/a |
| 23 | JEY Jersey | $848M | 0.1% | n/a | n/a |
| 24 | DNK Denmark | $596M | 0.0% | n/a | n/a |
| 25 | BEL Belgium | $489M | 0.0% | $176M | +178% |
| 26 | TUR Türkiye | $484M | 0.0% | $347M | +39% |
| 27 | GTM Guatemala | $420M | 0.0% | n/a | n/a |
| 28 | AUT Austria | $365M | 0.0% | n/a | n/a |
| 29 | VGB British Virgin Islands | $287M | 0.0% | n/a | n/a |
| 30 | NZL New Zealand | $204M | 0.0% | $7M | +2809% |
| 31 | KWT Kuwait | $134M | 0.0% | n/a | n/a |
| 32 | CIV Côte d'Ivoire | $94M | 0.0% | n/a | n/a |
| 33 | VNM Vietnam | $86M | 0.0% | n/a | n/a |
| 34 | IND India | $71M | 0.0% | $1.44B | −95% |
| 35 | THA Thailand | $61M | 0.0% | n/a | n/a |
| 36 | ITA Italy | $52M | 0.0% | n/a | n/a |
| 37 | ZAF South Africa | $45M | 0.0% | n/a | n/a |
| 38 | ARG Argentina | $33M | 0.0% | n/a | n/a |
| 39 | MAC Macao SAR | $17M | 0.0% | n/a | n/a |
| 40 | PAK Pakistan | $13M | 0.0% | n/a | n/a |
| 41 | GRC Greece | $10M | 0.0% | n/a | n/a |
| 42 | SWZ Eswatini | $9M | 0.0% | n/a | n/a |
| 43 | MAR Morocco | $4M | 0.0% | n/a | n/a |
| 44 | ROU Romania | $2M | 0.0% | n/a | n/a |
| 45 | RUS Russia | $2M | 0.0% | $353M | −99% |
| 46 | CZE Czechia | $2M | 0.0% | $2M | −4% |
| 47 | MLT Malta | $2M | 0.0% | n/a | n/a |
| 48 | HTI Haiti | $2M | 0.0% | n/a | n/a |
| 49 | KEN Kenya | $1M | 0.0% | n/a | n/a |
| 50 | DZA Algeria | $1M | 0.0% | n/a | n/a |
| 51 | GHA Ghana | $0.60M | 0.0% | n/a | n/a |
| 52 | NPL Nepal | $0.53M | 0.0% | n/a | n/a |
| 53 | BGR Bulgaria | $0.23M | 0.0% | $124M | −100% |
Source: BIS Locational Banking Statistics (WS_LBS_D_PUB), BIS Data Portal (data.bis.org). Selection: cross-border claims (measure C), reporting country CAN vs each individual counterparty country, 2025-Q4, with the same cell at 2008-Q1 where it exists. License:free with “Source: BIS” attribution. Shares are of the sum of this reporter's named counterparty cells, not of its published total, because the two differ. Change is in the nominal USD stock and is not a flow. n/a means the cell does not exist at the earlier date, which is not the same as zero. Methodology
These are residence figures, so this page covers every bank booking here, foreign-owned subsidiaries and branches included, and excludes the foreign books of banks headquartered here but booking abroad. For the other side of the ledger, how much the world’s banks lend to this economy, see its counterparty page. The methodology gives the exact BIS selection behind every figure here.