SG, UniCredit, RBI most exposed to Russia as sanctions loom

EBA data shows €47bn of exposure to Russia from five most-exposed EU banks

As the US and allies move towards making Russia a financial markets pariah, Societe Generale, Raiffeisen Bank International (RBI) and UniCredit are among the European lenders most exposed to the country, data from the European Banking Authority (EBA) suggests.

The French lender had €16.5 billion ($18.4 billion) of credit exposures to Russia as of end-June 2021, the latest date for which bank-specific data is available.

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