Friday, December 19, 2014

19/12/2014: Russian Banks: Contagion exposures for Europe


From a different Deutsche Bank note, a handy chart plotting exposures of various Western banking systems to Russia.


Do keep in mind, same banks' exposure to Ireland was probably of a magnitude of 1/5th of their exposures to Russia, yet Irish banking system was deemed to be systemically important when it came to assessing the potential contagion from Anglo failure back in 2008.

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