Data / Rankings / MFI corporate loan balances / EU countries

EU countries by MFI corporate loan balances, August 2026

France had the highest MFI corporate loan balances of 21 EU countries in August 2026, at €1.47 trillion. Malta had the lowest, at €6.53 billion. The median was €65.35 billion. Source: the European Central Bank.

Keep it in a collection in your library.
Highest1,474,515France
Lowest6,529.59Malta
Median65,34621 EU countries

Map of EU countries, August 2026

Austria: 247,322 EUR millionBelgium: 202,270 EUR millionBulgaria: 29,997.21 EUR millionCyprus: 11,155 EUR millionGermany: 1,384,593 EUR millionEstonia: 13,117 EUR millionSpain: 501,494 EUR millionFinland: 114,750 EUR millionFrance: 1,474,515 EUR millionGreece: 84,035 EUR millionCroatia: 18,877 EUR millionIreland: 59,715 EUR millionItaly: 634,091 EUR millionLithuania: 16,070 EUR millionLuxembourg: 65,346 EUR millionLatvia: 7,757 EUR millionMalta: 6,529.59 EUR millionNetherlands: 473,781 EUR millionPortugal: 78,948.46 EUR millionSlovenia: 12,229.86 EUR millionSlovakia: 26,207.02 EUR million
  • Under 10K
  • 10K to 30K
  • 30K to 80K
  • 80K to 470K
  • 470K and over
  • No data
EUR million, August 2026. Hatched areas have no value for this period. Source: ECB, ECB BSI: MFI corporate loan balances, unadjusted end-period stock (M.<area>.N.A.A20.A.1.U2.2240.Z01.E). Boundaries: Natural Earth (public domain).

All EU countries, August 2026

France: 1,474,515 EUR millionFrance1,474,515Germany: 1,384,593 EUR millionGermany1,384,593Italy: 634,091 EUR millionItaly634,091Spain: 501,494 EUR millionSpain501,494Netherlands: 473,781 EUR millionNetherlands473,781Austria: 247,322 EUR millionAustria247,322Belgium: 202,270 EUR millionBelgium202,270Finland: 114,750 EUR millionFinland114,750Greece: 84,035 EUR millionGreece84,035Portugal: 78,948.46 EUR millionPortugal78,948.46Luxembourg: 65,346 EUR millionLuxembourg65,346Ireland: 59,715 EUR millionIreland59,715Bulgaria: 29,997.21 EUR millionBulgaria29,997.21Slovakia: 26,207.02 EUR millionSlovakia26,207.02Croatia: 18,877 EUR millionCroatia18,877Lithuania: 16,070 EUR millionLithuania16,070Estonia: 13,117 EUR millionEstonia13,117Slovenia: 12,229.86 EUR millionSlovenia12,229.86Cyprus: 11,155 EUR millionCyprus11,155Latvia: 7,757 EUR millionLatvia7,757Malta: 6,529.59 EUR millionMalta6,529.59France: 1,474,515 EUR millionFrance1,474,515Germany: 1,384,593 EUR millionGermany1,384,593Italy: 634,091 EUR millionItaly634,091Spain: 501,494 EUR millionSpain501,494Netherlands: 473,781 EUR millionNetherlands473,781Austria: 247,322 EUR millionAustria247,322Belgium: 202,270 EUR millionBelgium202,270Finland: 114,750 EUR millionFinland114,750Greece: 84,035 EUR millionGreece84,035Portugal: 78,948.46 EUR millionPortugal78,948.46Luxembourg: 65,346 EUR millionLuxembourg65,346Ireland: 59,715 EUR millionIreland59,715Bulgaria: 29,997.21 EUR millionBulgaria29,997.21Slovakia: 26,207.02 EUR millionSlovakia26,207.02Croatia: 18,877 EUR millionCroatia18,877Lithuania: 16,070 EUR millionLithuania16,070Estonia: 13,117 EUR millionEstonia13,117Slovenia: 12,229.86 EUR millionSlovenia12,229.86Cyprus: 11,155 EUR millionCyprus11,155Latvia: 7,757 EUR millionLatvia7,757Malta: 6,529.59 EUR millionMalta6,529.59
EUR million. Source: ECB, ECB BSI: MFI corporate loan balances, unadjusted end-period stock (M.<area>.N.A.A20.A.1.U2.2240.Z01.E). Retrieved 2026-10-12.

Full ranking

RankEU countriesAugust 2026
EUR million		Change on August 2025
1France Provisional1,474,515+3.4%
2Germany Provisional1,384,593+0.6%
3Italy Provisional634,091+3.5%
4Spain Provisional501,494+4.4%
5Netherlands Provisional473,781+10.6%
6Austria Provisional247,322+3%
7Belgium Provisional202,270+7.7%
8Finland Provisional114,750+4.5%
9Greece Provisional84,035+9.2%
10Portugal Provisional78,948.46+4.5%
11Luxembourg Provisional65,346+4.1%
12Ireland Provisional59,715+6.2%
13Bulgaria Provisional29,997.21+13.9%
14Slovakia Provisional26,207.02+2.8%
15Croatia Provisional18,877+10.9%
16Lithuania Provisional16,070+16.4%
17Estonia Provisional13,117+11.7%
18Slovenia Provisional12,229.86+6.5%
19Cyprus Provisional11,155+5%
20Latvia Provisional7,757+15.4%
21Malta Provisional6,529.59+13.7%

Other periods

About this ranking

End-of-month stock of loans from resident MFIs excluding central banks to non-financial corporations resident in the euro area, in EUR millions.

Loan stocks are outstanding balances, rather than new lending or transaction flows. They differ from ECB adjusted loan series, which account for loan transfers and notional cash pooling. End-of-month balances, neither seasonally nor working-day adjusted. The country identifies the reporting monetary financial institutions (MFIs), excluding central banks; borrowers or depositors reside anywhere in the euro area. These are not balances of domestic residents only. Households include non-profit institutions serving households. All currencies are combined and reported in EUR millions. The euro area has changing membership; histories vary and missing values are not filled.

Every value in the ranking comes from the same publisher and the same period, so the EU countries are compared on one definition. Equal values share a rank.

How to cite

European Central Bank. ECB BSI: MFI corporate loan balances, unadjusted end-period stock (M.<area>.N.A.A20.A.1.U2.2240.Z01.E). https://data-api.ecb.europa.eu/service/data/BSI/M.AT+BE+BG+CY+DE+EE+ES+FI+FR+GR+HR+IE+IT+LT+LU+LV+MT+NL+PT+SI+SK+U2.N.A.A20.A.1.U2.2240.Z01.E?format=csvdata. Retrieved 2026-10-12.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

European Central Bank. (n.d.). ECB BSI: MFI corporate loan balances, unadjusted end-period stock (M.<area>.N.A.A20.A.1.U2.2240.Z01.E) (EU countries by MFI corporate loan balances, 2026-08) [Data set]. Retrieved October 12, 2026, from https://data-api.ecb.europa.eu/service/data/BSI/M.AT+BE+BG+CY+DE+EE+ES+FI+FR+GR+HR+IE+IT+LT+LU+LV+MT+NL+PT+SI+SK+U2.N.A.A20.A.1.U2.2240.Z01.E?format=csvdata

MLA 9

ECB BSI: MFI corporate loan balances, unadjusted end-period stock (M.<area>.N.A.A20.A.1.U2.2240.Z01.E), EU countries by MFI corporate loan balances, 2026-08. European Central Bank, https://data-api.ecb.europa.eu/service/data/BSI/M.AT+BE+BG+CY+DE+EE+ES+FI+FR+GR+HR+IE+IT+LT+LU+LV+MT+NL+PT+SI+SK+U2.N.A.A20.A.1.U2.2240.Z01.E?format=csvdata. Invokely, https://invokely.ai/rankings/mfi-corporate-loan-balances/eu-countries. Accessed 12 Oct. 2026.

Chicago (author-date)

European Central Bank. n.d. ECB BSI: MFI corporate loan balances, unadjusted end-period stock (M.<area>.N.A.A20.A.1.U2.2240.Z01.E). EU countries by MFI corporate loan balances, 2026-08. Dataset. Accessed October 12, 2026. https://data-api.ecb.europa.eu/service/data/BSI/M.AT+BE+BG+CY+DE+EE+ES+FI+FR+GR+HR+IE+IT+LT+LU+LV+MT+NL+PT+SI+SK+U2.N.A.A20.A.1.U2.2240.Z01.E?format=csvdata. Also distributed by Invokely, https://invokely.ai/rankings/mfi-corporate-loan-balances/eu-countries.

Harvard

European Central Bank (no date) ECB BSI: MFI corporate loan balances, unadjusted end-period stock (M.<area>.N.A.A20.A.1.U2.2240.Z01.E), EU countries by MFI corporate loan balances, 2026-08 [Dataset]. Available at: https://data-api.ecb.europa.eu/service/data/BSI/M.AT+BE+BG+CY+DE+EE+ES+FI+FR+GR+HR+IE+IT+LT+LU+LV+MT+NL+PT+SI+SK+U2.N.A.A20.A.1.U2.2240.Z01.E?format=csvdata, via Invokely: https://invokely.ai/rankings/mfi-corporate-loan-balances/eu-countries (Accessed: 12 October 2026).

BibTeX
@misc{european_eu_countries_by_mfi_2026,
  author = {{European Central Bank}},
  title = {{ECB BSI: MFI corporate loan balances, unadjusted end-period stock (M.<area>.N.A.A20.A.1.U2.2240.Z01.E): EU countries by MFI corporate loan balances, 2026-08}},
  howpublished = {Data set},
  url = {https://data-api.ecb.europa.eu/service/data/BSI/M.AT+BE+BG+CY+DE+EE+ES+FI+FR+GR+HR+IE+IT+LT+LU+LV+MT+NL+PT+SI+SK+U2.N.A.A20.A.1.U2.2240.Z01.E?format=csvdata},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/rankings/mfi-corporate-loan-balances/eu-countries. Publisher attribution: European Central Bank. ECB BSI: MFI corporate loan balances, unadjusted end-period stock (M.<area>.N.A.A20.A.1.U2.2240.Z01.E). https://data-api.ecb.europa.eu/service/data/BSI/M.AT+BE+BG+CY+DE+EE+ES+FI+FR+GR+HR+IE+IT+LT+LU+LV+MT+NL+PT+SI+SK+U2.N.A.A20.A.1.U2.2240.Z01.E?format=csvdata. Retrieved 2026-10-12.},
}
RIS
TY  - DATA
AU  - European Central Bank
TI  - ECB BSI: MFI corporate loan balances, unadjusted end-period stock (M.<area>.N.A.A20.A.1.U2.2240.Z01.E): EU countries by MFI corporate loan balances, 2026-08
PB  - European Central Bank
DB  - Invokely
UR  - https://data-api.ecb.europa.eu/service/data/BSI/M.AT+BE+BG+CY+DE+EE+ES+FI+FR+GR+HR+IE+IT+LT+LU+LV+MT+NL+PT+SI+SK+U2.N.A.A20.A.1.U2.2240.Z01.E?format=csvdata
L2  - https://invokely.ai/rankings/mfi-corporate-loan-balances/eu-countries
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/rankings/mfi-corporate-loan-balances/eu-countries.
N1  - Publisher attribution: European Central Bank. ECB BSI: MFI corporate loan balances, unadjusted end-period stock (M.<area>.N.A.A20.A.1.U2.2240.Z01.E). https://data-api.ecb.europa.eu/service/data/BSI/M.AT+BE+BG+CY+DE+EE+ES+FI+FR+GR+HR+IE+IT+LT+LU+LV+MT+NL+PT+SI+SK+U2.N.A.A20.A.1.U2.2240.Z01.E?format=csvdata. Retrieved 2026-10-12.
ER  -
Embed this chart

Paste this code into a web page or a blog post. The chart shows the latest figures as they are published, with the source and a link back to this page.

Sites that read oEmbed links, such as WordPress, can show the chart when you paste the link to this page.

Use this data in your AI agent

Invokely serves this figure to AI assistants through MCP and to code through a REST API, with the source and citation attached. Ask your assistant:

Rank EU countries by MFI corporate loan balances using official data, and cite the source.
rank_places {"indicator":"ecb_mfi_business_loans_eur","level":"country","within":"European Union (27)","limit":10}
GET https://invokely.ai/api/v1/rank?indicator=ecb_mfi_business_loans_eur&level=country&within=European%20Union%20(27)&limit=10

Connect Claude, ChatGPT or Cursor in one step. The trial answers 25 calls a day without an account.

Questions

Which EU country has the highest MFI corporate loan balances?

France, with €1.47 trillion in August 2026, according to the European Central Bank.

Which EU country has the lowest MFI corporate loan balances?

Malta, with €6.53 billion in August 2026.

Where does this ranking come from?

Every value comes from one source and one period, so the places are comparable: European Central Bank, ECB BSI: MFI corporate loan balances, unadjusted end-period stock (M.<area>.N.A.A20.A.1.U2.2240.Z01.E). Retrieved 2026-10-12.

EU countries: more rankings