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Austria’s Exposure in Italy: € 16.5bn

Published: July 11, 2011; 22:55 · (Vindobona)

Domestic banks’ exposure in the neighboring country is much greater than in Greece, but smaller than in Eastern Europe.

Austria’s Exposure in Italy: € 16.5bn / Picture: © Flickr

According to latest data from the Bank for International Settlements (BIS), Austrian banks’ receivables from Italian debtors amounted to $ 22.16bn at the end of 2010, which corresponded to approximately € 16.5bn at that time. Austria’s exposure to Greece recently stood at only € 2.3bn.

Receivables of domestic insurances and funds are not included in these figures, neither…

This article includes a total of 157 words.

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