Figure is Negligible

“Potential contagion channel from Ukraine into European bank system is very limited. In Ukraine, the assets of the European banks grew from US$1 bn in 2002 to a peak of US$53 bn in 2007. Since then, their exposure has broadly halved and now stands at US$24.3 bn. This figure is negligible (<0.01% of total credit exposure (EAD))."

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