Lloyds Banking Group PLC

LLOY: XLON (GBR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	GBX 66.00	Mxzlvk	Blzfbskkn

European Banks' Russian and Ukrainian Exposure Insignificant; SocGen and UniCredit the Greatest

Johann Scholtz , Niklas Kammer

Mar 2, 2022

The direct exposure of European banks to Russian and Ukrainian clients is insignificant. According to the Bank for International Settlements, claims on Russian counterparties from the major developed European countries' banks amount to 0.7% of the European banks' total claims reported to the BIS.

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