Cross-border bank credit grew by 11% year-on-year, the highest annual growth rate since Q1 2008. Bank credit to emerging market and developing economies (EMDEs) expanded by $42 billion in Q4 2025, which brought its annual growth rate up to 7%. The BIS global liquidity indicators show that foreign currency credit in US dollars and euros continued to grow robustly, both globally and in EMDEs.
This information was gathered from the Bank for International Settlements
