Fx denominated loans as a share of bank loans reached 39.6% in fourth quarter of 2023 in Canada, according to the National Central Bank. This is 1.04% less than in the previous quarter.
Historically, FX denominated loans as a share of bank loans in Canada reached an all time high of 40.5% in 2Q2020 and an all time low of 20.2% in 1Q2005.
Canada has been ranked 14th within the group of 58 countries we follow in terms of FX denominated loans as a share of bank loans.
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