Source: World Bank
Release: Global Financial Development
The ratio of consolidated foreign claims to GDP of the banks that are reporting to BIS. Foreign claims are defined as the sum of cross-border claims plus foreign offices' local claims in all currencies. In the consolidated banking statistics claims that are granted or extended to nonresidents are referred to as either cross-border claims. In the context of the consolidated banking statistics, local claims refer to claims of domestic banks' foreign affiliates (branches/subsidiaries) on the residents of the host country (i.e. country of residence of affiliates).
Source Code: GFDD.OI.14
World Bank, Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Iceland [DDOI12ISA156NWDB], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DDOI12ISA156NWDB, February 26, 2021.