Cross-border claims / DNK
Denmark
The banks located here, whoever owns them, held $272.20B of cross-border claims outstanding in Q4 2025: 0.59% of the world total that quarter, the 23rd 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 billions, 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 DNK 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: 111 of them, $265.59B in total, which is 97.6% of its published all-countries total. The five largest counterparties are 60% of the named book. 44 of the 111 borrowers are themselves reporting systems in this dataset and link through to their own book; the other 67 appear here only as borrowers.
| # | Counterparty | Claims | Share of named book | Q1 2008 | Change |
|---|---|---|---|---|---|
| 1 | SWE Sweden | $57.15B | 21.5% | $68.23B | −16% |
| 2 | NOR Norway | $31.54B | 11.9% | $26.26B | +20% |
| 3 | DEU Germany | $25.47B | 9.6% | $13.65B | +87% |
| 4 | LUX Luxembourg | $23.88B | 9.0% | $11.33B | +111% |
| 5 | GBR United Kingdom | $22.23B | 8.4% | $39.94B | −44% |
| 6 | FRA France | $20.03B | 7.5% | $5.13B | +290% |
| 7 | FIN Finland | $19.18B | 7.2% | $7.33B | +161% |
| 8 | GGY Guernsey | $18.53B | 7.0% | $195M | +9402% |
| 9 | IRL Ireland | $11.05B | 4.2% | $17.40B | −36% |
| 10 | USA United States | $10.09B | 3.8% | $8.08B | +25% |
| 11 | NLD Netherlands | $6.05B | 2.3% | $3.13B | +93% |
| 12 | CYM Cayman Islands | $4.77B | 1.8% | $6.87B | −31% |
| 13 | CHE Switzerland | $3.83B | 1.4% | $1.34B | +186% |
| 14 | BEL Belgium | $1.56B | 0.6% | $3.49B | −55% |
| 15 | POL Poland | $1.54B | 0.6% | $721M | +114% |
| 16 | GRL Greenland | $1.17B | 0.4% | $189M | +517% |
| 17 | AUT Austria | $959M | 0.4% | $192M | +399% |
| 18 | FRO Faeroe Islands | $872M | 0.3% | $521M | +67% |
| 19 | ESP Spain | $669M | 0.3% | $4.56B | −85% |
| 20 | ITA Italy | $597M | 0.2% | $978M | −39% |
| 21 | CAN Canada | $435M | 0.2% | $165M | +163% |
| 22 | LIE Liechtenstein | $418M | 0.2% | $1.69B | −75% |
| 23 | JEY Jersey | $396M | 0.1% | $64M | +519% |
| 24 | TUR Türkiye | $392M | 0.1% | $293M | +34% |
| 25 | SGP Singapore | $280M | 0.1% | $70M | +300% |
| 26 | AUS Australia | $267M | 0.1% | $162M | +65% |
| 27 | JPN Japan | $232M | 0.1% | $296M | −22% |
| 28 | ARE United Arab Emirates | $219M | 0.1% | $71M | +208% |
| 29 | CHN China | $212M | 0.1% | $452M | −53% |
| 30 | ISL Iceland | $206M | 0.1% | $1.31B | −84% |
| 31 | SVK Slovakia | $146M | 0.1% | $69M | +111% |
| 32 | HKG Hong Kong SAR | $137M | 0.1% | $107M | +28% |
| 33 | CYP Cyprus | $136M | 0.1% | $47M | +190% |
| 34 | PRT Portugal | $132M | 0.0% | $275M | −52% |
| 35 | CZE Czechia | $95M | 0.0% | $112M | −15% |
| 36 | ROU Romania | $87M | 0.0% | $12M | +625% |
| 37 | ZAF South Africa | $55M | 0.0% | $20M | +175% |
| 38 | LTU Lithuania | $47M | 0.0% | $1.62B | −97% |
| 39 | EST Estonia | $45M | 0.0% | $1.92B | −98% |
| 40 | THA Thailand | $35M | 0.0% | $72M | −52% |
| 41 | MEX Mexico | $32M | 0.0% | $57M | −45% |
| 42 | VNM Vietnam | $31M | 0.0% | $98M | −69% |
| 43 | GRC Greece | $30M | 0.0% | $218M | −86% |
| 44 | MYS Malaysia | $29M | 0.0% | $10M | +186% |
| 45 | TWN Chinese Taipei | $28M | 0.0% | $45M | −38% |
| 46 | LVA Latvia | $27M | 0.0% | $515M | −95% |
| 47 | MLT Malta | $22M | 0.0% | $6M | +261% |
| 48 | MHL Marshall Islands | $22M | 0.0% | $9M | +139% |
| 49 | BRA Brazil | $16M | 0.0% | $86M | −81% |
| 50 | ISR Israel | $15M | 0.0% | $43M | −65% |
| 51 | SAU Saudi Arabia | $14M | 0.0% | $54M | −74% |
| 52 | NZL New Zealand | $14M | 0.0% | $10M | +35% |
| 53 | KOR Korea | $13M | 0.0% | $45M | −71% |
| 54 | BMU Bermuda | $13M | 0.0% | $462M | −97% |
| 55 | QAT Qatar | $12M | 0.0% | $37M | −67% |
| 56 | IND India | $12M | 0.0% | $223M | −95% |
| 57 | BGR Bulgaria | $10M | 0.0% | $47M | −79% |
| 58 | KEN Kenya | $10M | 0.0% | $4M | +138% |
| 59 | PHL Philippines | $9M | 0.0% | $81M | −89% |
| 60 | BHR Bahrain | $7M | 0.0% | $40M | −83% |
| 61 | EGY Egypt | $6M | 0.0% | $71M | −91% |
| 62 | RUS Russia | $6M | 0.0% | $677M | −99% |
| 63 | IDN Indonesia | $5M | 0.0% | $36M | −85% |
| 64 | PAN Panama | $5M | 0.0% | $197M | −97% |
| 65 | SEN Senegal | $5M | 0.0% | n/a | n/a |
| 66 | OMN Oman | $4M | 0.0% | $39M | −91% |
| 67 | AND Andorra | $3M | 0.0% | $1M | +187% |
| 68 | VEN Venezuela | $3M | 0.0% | $28M | −90% |
| 69 | KWT Kuwait | $3M | 0.0% | $1M | +159% |
| 70 | UGA Uganda | $2M | 0.0% | $1M | +137% |
| 71 | JOR Jordan | $2M | 0.0% | $6M | −62% |
| 72 | LAO Laos | $2M | 0.0% | n/a | n/a |
| 73 | LBR Liberia | $2M | 0.0% | n/a | n/a |
| 74 | ARG Argentina | $2M | 0.0% | $23M | −92% |
| 75 | MWI Malawi | $2M | 0.0% | n/a | n/a |
| 76 | GRD Grenada | $2M | 0.0% | n/a | n/a |
| 77 | COL Colombia | $2M | 0.0% | $16M | −88% |
| 78 | LBY Libya | $2M | 0.0% | n/a | n/a |
| 79 | NGA Nigeria | $2M | 0.0% | n/a | n/a |
| 80 | CRI Costa Rica | $1M | 0.0% | $1M | +42% |
| 81 | MNE Montenegro | $1M | 0.0% | n/a | n/a |
| 82 | HRV Croatia | $1M | 0.0% | $7M | −82% |
| 83 | TZA Tanzania | $1M | 0.0% | $5M | −76% |
| 84 | BGD Bangladesh | $1M | 0.0% | $42M | −97% |
| 85 | DOM Dominican Republic | $1M | 0.0% | $24M | −96% |
| 86 | SRB Serbia | $0.72M | 0.0% | n/a | n/a |
| 87 | CHL Chile | $0.69M | 0.0% | $31M | −98% |
| 88 | MAR Morocco | $0.61M | 0.0% | $3M | −80% |
| 89 | ARM Armenia | $0.59M | 0.0% | $2M | −71% |
| 90 | KAZ Kazakhstan | $0.59M | 0.0% | $49M | −99% |
| 91 | ZWE Zimbabwe | $0.53M | 0.0% | $1M | −47% |
| 92 | MDV Maldives | $0.52M | 0.0% | $12M | −96% |
| 93 | UZB Uzbekistan | $0.48M | 0.0% | $4M | −88% |
| 94 | BHS The Bahamas | $0.46M | 0.0% | $177M | −100% |
| 95 | MKD North Macedonia | $0.39M | 0.0% | $7M | −94% |
| 96 | LBN Lebanon | $0.35M | 0.0% | $6M | −94% |
| 97 | CIV Côte d'Ivoire | $0.25M | 0.0% | n/a | n/a |
| 98 | LKA Sri Lanka | $0.24M | 0.0% | $95M | −100% |
| 99 | SYR Syria | $0.17M | 0.0% | $2M | −92% |
| 100 | NPL Nepal | $0.15M | 0.0% | $1M | −85% |
| 101 | PER Peru | $0.15M | 0.0% | $24M | −99% |
| 102 | GEO Georgia | $0.14M | 0.0% | $13M | −99% |
| 103 | ALB Albania | $0.13M | 0.0% | n/a | n/a |
| 104 | RWA Rwanda | $0.09M | 0.0% | n/a | n/a |
| 105 | MDA Moldova | $0.08M | 0.0% | n/a | n/a |
| 106 | AZE Azerbaijan | $0.03M | 0.0% | $6M | −100% |
| 107 | IRN Iran | $0.01M | 0.0% | $8M | −100% |
| 108 | MNG Mongolia | $0.01M | 0.0% | n/a | n/a |
| 109 | BRB Barbados | $0.00M | 0.0% | n/a | n/a |
| 110 | ECU Ecuador | $0.00M | 0.0% | $18M | −100% |
| 111 | SWZ Eswatini | $0.00M | 0.0% | n/a | n/a |
Source: BIS Locational Banking Statistics (WS_LBS_D_PUB), BIS Data Portal (data.bis.org). Selection: cross-border claims (measure C), reporting country DNK 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.