Cross-border bank credit rose by 11% year on year at end-March 2026. The expansion was broad-based across instruments and counterparty sectors. Bank credit to emerging market and developing economies expanded by $148 billion in Q1 2026, primarily concentrated in Africa and the Middle East and emerging Europe. The BIS global liquidity indicators exhibited robust growth in foreign currency credit denominated in US dollars and euros, with the latter expanding at a relatively faster pace.
This information was gathered from the Bank for International Settlements
