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re: Turkey currency crisis; international bank exposure
Posted on 8/12/18 at 4:47 pm to rotrain
Posted on 8/12/18 at 4:47 pm to rotrain
The two banks that have the most exposure in Turkey are in Spain (BBVA) and Italy (Unicredit). Spanish banks are due $83 billion, French lenders are owed $38.4 billion; and banks in Italy, UK, US, and Japan are owed between $15-18 billion a piece.
The numbers for Greece are not available but is expected to be significant due to trade and proximity of the two countries.
The numbers for Greece are not available but is expected to be significant due to trade and proximity of the two countries.
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