Monday, 16 April 2012

Italian banks are the most exposed to their national debt

Mon, Apr 16 2012, 14:38 GMT | Trader Talk

Source: BNP Paribas

Figures from the European Banking Authority revealed that Italy is the eurozone's country that is the most exposed to its own national debt. The exposure to domestic public debt (% of assets)
is at 7.6%. At the same time, since the euro debt crisis erupted, Italian banks (main ones and small ones) have increased their bond buying and loans to sovereigns. The share of the balance sheets' exposure to sovereign risk has continued to rise and is now at 14%.

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