FinObservatory

Cross-border claims / FRA

France

The banks located here, whoever owns them, held $6.15T of cross-border claims outstanding in Q4 2025: 13.38% of the world total that quarter, the 2nd largest of the reporting systems active in it. Its series in the BIS locational statistics runs from Q4 1977 to Q4 2025.

$6.15T
Claims outstanding
Q4 2025, 2nd largest
At its peak
Highest on record
peak $6.15T, Q4 2025
+101%
Change since Q1 2008
from $3.06T
192
Counterparty countries
98.3% of its book is named

Claims outstanding, Q4 1977Q4 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.

Hover for daily values

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 FRA 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: 192 of them, $6.05T in total, which is 98.3% of its published all-countries total. The five largest counterparties are 61% of the named book. 47 of the 192 borrowers are themselves reporting systems in this dataset and link through to their own book; the other 145 appear here only as borrowers.

#CounterpartyClaimsShare of named bookQ1 2008Change
1GBR United Kingdom$1.40T23.1%$646.41B+116%
2USA United States$920.61B15.2%$269.61B+241%
3DEU Germany$573.30B9.5%$257.45B+123%
4ITA Italy$446.16B7.4%$320.10B+39%
5JPN Japan$359.43B5.9%$94.22B+281%
6LUX Luxembourg$295.01B4.9%$113.29B+160%
7NLD Netherlands$276.49B4.6%$166.78B+66%
8ESP Spain$221.92B3.7%$226.00B−2%
9IRL Ireland$211.49B3.5%$110.92B+91%
10CYM Cayman Islands$206.13B3.4%$85.91B+140%
11BEL Belgium$194.48B3.2%$98.78B+97%
12CHE Switzerland$104.83B1.7%$62.47B+68%
13CAN Canada$80.78B1.3%$14.10B+473%
14SGP Singapore$51.80B0.9%$20.05B+158%
15HKG Hong Kong SAR$50.88B0.8%$15.38B+231%
16KOR Korea$45.63B0.8%$22.03B+107%
17DNK Denmark$38.17B0.6%$9.72B+293%
18ARE United Arab Emirates$36.32B0.6%$5.15B+606%
19FIN Finland$33.65B0.6%$5.67B+493%
20SWE Sweden$33.16B0.5%$19.83B+67%
21AUS Australia$32.73B0.5%$21.37B+53%
22PRT Portugal$27.51B0.5%$51.47B−47%
23POL Poland$26.91B0.4%$10.94B+146%
24CHN China$26.41B0.4%$13.69B+93%
25QAT Qatar$21.71B0.4%$3.37B+543%
26CZE Czechia$19.06B0.3%$3.54B+439%
27NOR Norway$18.29B0.3%$26.76B−32%
28BRA Brazil$17.96B0.3%$8.47B+112%
29AUT Austria$16.65B0.3%$29.96B−44%
30IND India$14.40B0.2%$3.88B+271%
31TWN Chinese Taipei$11.86B0.2%$6.54B+82%
32TUR Türkiye$10.07B0.2%$9.67B+4%
33EGY Egypt$8.56B0.1%$4.75B+80%
34IDN Indonesia$8.52B0.1%$679M+1155%
35MAR Morocco$8.32B0.1%$5.20B+60%
36BHR Bahrain$8.15B0.1%$4.49B+82%
37VGB British Virgin Islands$7.75B0.1%n/an/a
38BMU Bermuda$7.31B0.1%$12.74B−43%
39MEX Mexico$7.28B0.1%$3.01B+142%
40CIV Côte d'Ivoire$6.97B0.1%$3.55B+96%
41NCL New Caledonia$6.66B0.1%$3.70B+80%
42ZAF South Africa$6.66B0.1%$1.83B+264%
43ROU Romania$6.60B0.1%$5.76B+15%
44SAU Saudi Arabia$6.33B0.1%$14.29B−56%
45COL Colombia$6.17B0.1%$219M+2715%
46PAN Panama$5.51B0.1%$4.22B+30%
47CHL Chile$5.16B0.1%$1.60B+223%
48SEN Senegal$5.04B0.1%$708M+612%
49GRC Greece$4.87B0.1%$35.63B−86%
50ISR Israel$4.40B0.1%$703M+525%
51JEY Jersey$4.31B0.1%$26.70B−84%
52RUS Russia$3.87B0.1%$21.67B−82%
53HUN Hungary$3.74B0.1%$7.17B−48%
54LBR Liberia$3.56B0.1%$1.53B+133%
55GGY Guernsey$3.35B0.1%$10.34B−68%
56MLT Malta$3.33B0.1%$535M+523%
57PHL Philippines$3.23B0.1%$1.48B+118%
58SVK Slovakia$3.02B0.0%$1.24B+144%
59NGA Nigeria$2.85B0.0%$1.47B+93%
60MUS Mauritius$2.74B0.0%$653M+319%
61PYF French Polynesia$2.57B0.0%$2.24B+15%
62UKR Ukraine$2.52B0.0%$3.96B−36%
63MHL Marshall Islands$2.49B0.0%$1.46B+70%
64THA Thailand$2.31B0.0%$1.24B+86%
65NZL New Zealand$2.31B0.0%$379M+510%
66UZB Uzbekistan$2.07B0.0%$123M+1580%
67VNM Vietnam$1.89B0.0%$2.48B−24%
68TUN Tunisia$1.89B0.0%$2.52B−25%
69CMR Cameroon$1.85B0.0%$1.41B+31%
70DOM Dominican Republic$1.64B0.0%$271M+505%
71SVN Slovenia$1.63B0.0%$2.28B−29%
72SRB Serbia$1.61B0.0%$1.55B+4%
73MYS Malaysia$1.49B0.0%$1.38B+8%
74OMN Oman$1.45B0.0%$1.99B−27%
75BEN Benin$1.44B0.0%$94M+1430%
76JOR Jordan$1.43B0.0%$112M+1179%
77CYP Cyprus$1.40B0.0%$3.55B−61%
78GEO Georgia$1.33B0.0%$108M+1135%
79BGD Bangladesh$1.31B0.0%$74M+1674%
80BHS The Bahamas$1.31B0.0%$540M+142%
81VEN Venezuela$1.22B0.0%$941M+30%
82KEN Kenya$1.21B0.0%$279M+332%
83KAZ Kazakhstan$1.17B0.0%$829M+41%
84TGO Togo$1.16B0.0%$122M+849%
85DZA Algeria$1.14B0.0%$1.03B+11%
86ECU Ecuador$1.12B0.0%$35M+3106%
87TZA Tanzania$1.11B0.0%$50M+2114%
88ARG Argentina$1.09B0.0%$1.95B−44%
89CUW Curaçao$1.08B0.0%n/an/a
90KHM Cambodia$1.04B0.0%$25M+4068%
91AGO Angola$1.01B0.0%$181M+459%
92PER Peru$896M0.0%$352M+155%
93GAB Gabon$797M0.0%$302M+164%
94BOL Bolivia$764M0.0%$1M+76300%
95UGA Uganda$725M0.0%$50M+1350%
96LIE Liechtenstein$706M0.0%$200M+253%
97LBN Lebanon$675M0.0%$1.62B−58%
98PAK Pakistan$631M0.0%$259M+144%
99BFA Burkina Faso$590M0.0%$258M+129%
100GHA Ghana$585M0.0%$453M+29%
101HND Honduras$575M0.0%$100M+475%
102ARM Armenia$569M0.0%$76M+649%
103CRI Costa Rica$563M0.0%$67M+740%
104ETH Ethiopia$550M0.0%$5M+10900%
105GIN Guinea$540M0.0%$837M−35%
106MDG Madagascar$494M0.0%$145M+241%
107AZE Azerbaijan$484M0.0%$638M−24%
108IMN Isle of Man$469M0.0%$674M−30%
109MNG Mongolia$465M0.0%n/an/a
110KWT Kuwait$440M0.0%$696M−37%
111IRQ Iraq$428M0.0%$81M+428%
112RWA Rwanda$396M0.0%$2M+19700%
113HRV Croatia$375M0.0%$3.50B−89%
114COG Republic of Congo$371M0.0%$341M+9%
115BRB Barbados$354M0.0%$41M+763%
116CUB Cuba$314M0.0%$860M−63%
117MLI Mali$305M0.0%$289M+6%
118MNE Montenegro$300M0.0%$134M+124%
119KNA St Kitts and Nevis$289M0.0%n/an/a
120LTU Lithuania$276M0.0%$23M+1100%
121MDA Moldova$258M0.0%$44M+486%
122MOZ Mozambique$253M0.0%$315M−20%
123NER Niger$249M0.0%$32M+678%
124LVA Latvia$245M0.0%$278M−12%
125ALB Albania$242M0.0%$53M+357%
126MAC Macao SAR$221M0.0%$2M+10950%
127EST Estonia$210M0.0%$26M+708%
128AND Andorra$192M0.0%$459M−58%
129MRT Mauritania$188M0.0%$195M−4%
130URY Uruguay$186M0.0%$135M+38%
131ISL Iceland$180M0.0%$6.36B−97%
132BGR Bulgaria$154M0.0%$1.63B−91%
133GTM Guatemala$148M0.0%$3M+4833%
134SYC Seychelles$132M0.0%$351M−62%
135BDI Burundi$128M0.0%$41M+212%
136SYR Syria$119M0.0%$258M−54%
137PRY Paraguay$115M0.0%$20M+475%
138SLV El Salvador$115M0.0%$27M+326%
139COD Democratic Republic of the Congo$113M0.0%$225M−50%
140TCD Chad$111M0.0%$56M+98%
141CPV Cabo Verde$110M0.0%$51M+116%
142BWA Botswana$75M0.0%$1M+7400%
143MKD North Macedonia$72M0.0%$36M+100%
144SDN Sudan$63M0.0%$273M−77%
145VUT Vanuatu$59M0.0%$12M+392%
146JAM Jamaica$58M0.0%$51M+14%
147LAO Laos$58M0.0%$138M−58%
148LKA Sri Lanka$54M0.0%$77M−30%
149TLS East Timor$47M0.0%n/an/a
150VCT St Vincent and the Grenadines$46M0.0%$576M−92%
151SMR San Marino$44M0.0%n/an/a
152DJI Djibouti$43M0.0%$48M−10%
153NAM Namibia$38M0.0%$35M+9%
154PSE Palestinian Territory$36M0.0%n/an/a
155WLF Wallis and Futuna Islands$28M0.0%$24M+17%
156GNQ Equatorial Guinea$27M0.0%$18M+50%
157SLE Sierra Leone$23M0.0%n/an/a
158LBY Libya$21M0.0%$245M−91%
159GIB Gibraltar$20M0.0%$1.64B−99%
160NIC Nicaragua$19M0.0%n/an/a
161ZWE Zimbabwe$19M0.0%$30M−37%
162MMR Myanmar$19M0.0%$6M+217%
163CAF Central African Republic$18M0.0%$16M+13%
164GMB The Gambia$16M0.0%$8M+100%
165SXM Sint Maarten$15M0.0%n/an/a
166BIH Bosnia and Herzegovina$15M0.0%$39M−62%
167BRN Brunei$14M0.0%$10M+40%
168HTI Haiti$13M0.0%$48M−73%
169NPL Nepal$10M0.0%n/an/a
170MDV Maldives$8M0.0%$22M−64%
171IRN Iran$8M0.0%$5.86B−100%
172DMA Dominica$7M0.0%$21M−67%
173BLZ Belize$7M0.0%$183M−96%
174ZMB Zambia$6M0.0%$26M−77%
175TTO Trinidad and Tobago$6M0.0%$1M+500%
176TCA Turks and Caicos Islands$4M0.0%$7M−43%
177PLW Palau$4M0.0%n/an/a
178LCA St Lucia$4M0.0%$56M−93%
179PNG Papua New Guinea$3M0.0%$3M+0%
180FJI Fiji$3M0.0%n/an/a
181STP São Tomé and Príncipe$3M0.0%$8M−63%
182PRK North Korea$3M0.0%$12M−75%
183YEM Yemen$3M0.0%$44M−93%
184GUY Guyana$2M0.0%$1M+100%
185SWZ Eswatini$2M0.0%$1M+100%
186COM Comoros$1M0.0%$11M−91%
187MWI Malawi$1M0.0%$4M−75%
188SUR Suriname$1M0.0%$5M−80%
189GRD Grenada$1M0.0%$4M−75%
190BLR Belarus$1M0.0%$19M−95%
191ATG Antigua and Barbuda$1M0.0%n/an/a
192FRO Faeroe Islands$-14M-0.0%$8M−275%

Source: BIS Locational Banking Statistics (WS_LBS_D_PUB), BIS Data Portal (data.bis.org). Selection: cross-border claims (measure C), reporting country FRA 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.