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.

No comments: