Key points
- UK-owned monetary financial institutions and their branches and subsidiaries worldwide reported an increase in consolidated external claims on an ultimate risk basis of $230.0 billion during 2026 Q2, to a level of $5,509.7 billion.
- By sector, the largest increase in claims was on the Public sector, up by $74.7 billion to a level of $1,713.2 billion.
- By region, the largest increase in claims was on Advanced Economies, up $196.0 billion to a level of $4,570.0 billion.
Table A: Regional breakdown of external claims of UK-owned monetary financial institutions - 2026 Q2 (US$ billion)
|
External claims on: |
||||||
|---|---|---|---|---|---|---|
|
|
Advanced Economies |
Emerging Market and Developing Economies: |
Total |
|||
|
Europe |
Latin America & Caribbean |
Africa & Middle East |
Asia & Pacific |
|||
|
Immediate borrower |
4,603.3 |
38.6 |
94.7 |
246.6 |
438.0 |
5,537.6 |
|
Net risk transfers |
-33.3 |
-4.0 |
-2.5 |
-12.8 |
21.5 |
-27.9 |
|
Ultimate risk basis |
4,570.0 |
34.6 |
92.2 |
233.9 |
459.5 |
5,509.7 |
Consolidated external claims: Advanced Economies
Chart 3: Changes in consolidated external claims on an ultimate risk basis by counterpart sector for Advanced Economies - 2026 Q2
Chart 4: Changes in consolidated external claims on an ultimate risk basis by country for Advanced Economies - 2026 Q2 (5 largest increases/decreases)
Table B: Changes in external claims on an ultimate risk basis: Advanced Economies (US$ billion) - 2026 Q2
|
|
|
Total |
of which by origin: |
of which by sector: |
|||||
|---|---|---|---|---|---|---|---|---|---|
|
Cross-border |
Local |
DTC |
Public Sector |
OFC |
NFC |
HH |
|||
|
Largest increases |
United States |
76.4 |
67.8 |
8.6 |
6.6 |
32.7 |
20.5 |
14.3 |
2.2 |
|
France |
35.7 |
17.9 |
17.8 |
4.8 |
22.7 |
3.0 |
5.0 |
0.2 |
|
|
South Korea |
16.3 |
12.1 |
4.2 |
1.8 |
4.1 |
3.8 |
6.7 |
-0.1 |
|
|
Hong Kong |
15.8 |
1.7 |
14.1 |
3.7 |
0.0 |
0.1 |
6.2 |
5.8 |
|
|
Taiwan |
11.2 |
9.8 |
1.4 |
-0.6 |
0.9 |
2.3 |
7.9 |
0.6 |
|
|
Largest decreases |
Singapore |
-0.9 |
3.5 |
-4.4 |
3.3 |
-8.6 |
-0.6 |
2.3 |
2.7 |
|
Norway |
-1.5 |
-1.5 |
0.0 |
-0.9 |
-0.5 |
0.1 |
-0.2 |
0.0 |
|
|
Bermuda |
-2.8 |
-2.8 |
0.0 |
0.0 |
-0.1 |
-2.5 |
-0.3 |
0.0 |
|
|
Switzerland |
-3.4 |
-1.8 |
-1.7 |
-1.1 |
-3.5 |
-0.1 |
1.0 |
0.4 |
|
|
Japan |
-3.8 |
11.9 |
-15.7 |
-0.5 |
-9.5 |
-3.1 |
9.4 |
0.1 |
|
Table C: Amounts outstanding of external claims on an ultimate risk basis: Advanced Economies (US$ billion) - 2026 Q2
|
|
|
Total |
of which by origin: |
of which by sector: |
|||||
|---|---|---|---|---|---|---|---|---|---|
|
Cross-border |
Local |
DTC |
Public Sector |
OFC |
NFC |
HH |
|||
|
Largest increases |
United States |
1,936.6 |
1,217.7 |
718.9 |
63.5 |
590.5 |
1,052.7 |
173.7 |
56.2 |
|
France |
484.2 |
323.7 |
160.5 |
255.2 |
167.7 |
22.0 |
35.0 |
4.3 |
|
|
South Korea |
118.1 |
56.2 |
61.9 |
13.2 |
38.8 |
15.3 |
31.7 |
19.1 |
|
|
Hong Kong |
516.2 |
48.3 |
467.9 |
13.8 |
142.1 |
73.8 |
107.5 |
179.0 |
|
|
Taiwan |
74.6 |
35.5 |
39.2 |
7.9 |
14.7 |
11.1 |
23.6 |
17.4 |
|
|
Largest decreases |
Singapore |
188.5 |
58.0 |
130.5 |
19.3 |
68.2 |
24.0 |
29.7 |
47.3 |
|
Norway |
5.5 |
5.5 |
0.0 |
2.5 |
1.0 |
1.0 |
0.9 |
0.0 |
|
|
Bermuda |
9.6 |
6.7 |
2.9 |
0.2 |
1.1 |
5.4 |
1.3 |
1.7 |
|
|
Switzerland |
55.3 |
43.5 |
11.9 |
12.5 |
20.6 |
3.6 |
12.1 |
6.5 |
|
|
Japan |
220.7 |
96.6 |
124.1 |
28.2 |
53.1 |
91.7 |
46.9 |
0.8 |
|
Consolidated external claims: Emerging Market and Developing Economies
Chart 5: Changes in consolidated external claims on an ultimate risk basis by counterpart sector for Emerging Market and Developing Economies - 2026 Q2
Chart 6: Changes in consolidated external claims on an ultimate risk basis by country for Emerging Market and Developing Economies - 2026 Q2 (5 largest increases/decreases)
Table D: Changes in external claims on an ultimate risk basis: Emerging Market and Developing Economies (US$ billion) - 2026 Q2
|
|
|
Total |
of which by origin: |
of which by sector: |
|||||
|---|---|---|---|---|---|---|---|---|---|
|
Cross-border |
Local |
DTC |
Public Sector |
OFC |
NFC |
HH |
|||
|
Largest increases |
China |
16.5 |
2.9 |
13.6 |
1.3 |
5.0 |
1.9 |
8.3 |
0.0 |
|
Turkey |
6.5 |
4.3 |
2.2 |
3.6 |
0.6 |
2.2 |
0.2 |
0.0 |
|
|
Mexico |
2.8 |
0.8 |
1.9 |
0.3 |
1.2 |
0.6 |
0.4 |
0.2 |
|
|
Indonesia |
2.6 |
2.4 |
0.2 |
0.9 |
1.7 |
0.2 |
-0.1 |
0.0 |
|
|
Philippines |
2.1 |
1.7 |
0.4 |
1.6 |
0.4 |
0.0 |
0.1 |
0.0 |
|
|
Largest decreases |
Mauritius |
-0.8 |
-1.1 |
0.3 |
-0.8 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Qatar |
-0.9 |
-0.5 |
-0.3 |
-0.7 |
1.4 |
-1.8 |
0.2 |
0.0 |
|
|
Malaysia |
-1.0 |
-0.9 |
-0.1 |
0.0 |
-1.4 |
0.0 |
0.4 |
0.0 |
|
|
Brazil |
-1.5 |
-1.6 |
0.1 |
-1.6 |
-0.4 |
0.3 |
0.3 |
0.0 |
|
|
Saudi Arabia |
-2.5 |
-2.0 |
-0.4 |
-0.8 |
-0.4 |
-1.8 |
0.4 |
0.1 |
|
Table E: Amounts outstanding of external claims on an ultimate risk basis: Emerging Market and Developing Economies (US$ billion) - 2026 Q2
|
|
|
Total |
of which by origin: |
of which by sector: |
|||||
|---|---|---|---|---|---|---|---|---|---|
|
Cross-border |
Local |
DTC |
Public Sector |
OFC |
NFC |
HH |
|||
|
Largest increases |
China |
251.7 |
111.4 |
140.3 |
50.1 |
73.2 |
36.0 |
79.6 |
12.7 |
|
Turkey |
22.3 |
15.1 |
7.2 |
9.7 |
7.4 |
2.5 |
2.5 |
0.2 |
|
|
Mexico |
45.6 |
2.8 |
42.8 |
1.9 |
15.7 |
2.6 |
11.8 |
13.6 |
|
|
Indonesia |
19.6 |
7.4 |
12.1 |
3.8 |
8.2 |
0.9 |
5.5 |
1.2 |
|
|
Philippines |
9.6 |
5.2 |
4.3 |
4.4 |
2.9 |
0.1 |
1.6 |
0.6 |
|
|
Largest decreases |
Mauritius |
3.3 |
2.2 |
1.1 |
0.2 |
0.3 |
1.3 |
1.4 |
0.0 |
|
Qatar |
34.1 |
27.9 |
6.2 |
13.6 |
6.9 |
6.0 |
6.2 |
1.3 |
|
|
Malaysia |
41.9 |
5.4 |
36.4 |
9.5 |
12.8 |
1.4 |
8.3 |
9.9 |
|
|
Brazil |
32.0 |
29.5 |
2.5 |
5.3 |
21.2 |
1.6 |
3.8 |
0.1 |
|
|
Saudi Arabia |
29.5 |
27.9 |
1.7 |
9.3 |
4.5 |
9.1 |
4.3 |
2.3 |
|
Queries
If you have any comments or queries about this data release, please email dsd_ibs@bankofengland.co.uk
Next release date: 18 December 2026
