German enterprises constitute net debtors vis-à-vis non-residents: Standing at €1865 billion at the end of June 2026, their liabilities arising from financial operations and trade credits, exceeded their corresponding assets of €1594 billion by €271 billion. Compared with the previous month, this is a change of - €29 billion.

Financial operations with foreign non-banks are of particular importance here, while those with foreign banks play a secondary role. The first group accounts for 70% of claims and 82% of liabilities. At 20% and 16% respectively, the share of trade credits in these total figures remains comparatively small.