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European Bank Exposures--From PIGS to FUG Banks Business Insider

Portuguese Exposure

Orange: Public Sector.  Green: Banking Sector.  Yellow: Non-bank private sector.  White: Other Exposures.

Irish exposure


Orange: Public Sector.  Green: Banking Sector.  Yellow: Non-bank private sector.  White: Other Exposures

Greek exposure.

Orange: Public Sector.  Green: Banking Sector.  Yellow: Non-bank private sector.  White: Other Exposures

Spanish Exposure


Orange: Public Sector.  Green: Banking Sector.  Yellow: Non-bank private sector.  White: Other Exposures.

French Banking Exposure

French banks have $106 billion in exposure to the public sectors of Greece, Ireland, Portugal, and Spain.

French banks have sovereign debt exposure of $48 billion to Spain, $31 billion to Greece, and $21 billion to Portugal.

French banks have $493 billion in exposure to the private sectors of Greece, Ireland, Portugal, and Spain.

French banks have $248 billion in exposure to the private sector of Spain alone.

UK Banking Exposure

The UK's banks have $23 billion in exposure to the public debt of Greece, Ireland, Portugal, and Spain.

UK banks have $230 billion in exposure to Ireland's private sector.

Banks in the UK also have $140 billion in exposure to Spain's private sector.

German Banking Exposure

German banks have $68 billion in exposure to the public sectors of Greece, Ireland, Portugal, and Spain.

German banks have sovereign debt exposure of $33 billion to Spain, $23 billion to Greece, and $10 billion to Portugal.

German banks have $465 billion in exposure to the private sectors of Greece, Ireland, Portugal, and Spain.

German banks have exposure of $202 billion to the private sector of Spain alone.

German banks have $177 billion in exposure to Ireland's overall private sector, and $126 billion to the non-bank private sector.

Source of all data: Bank for International Settlement.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sun Jun 20th, 2010 at 01:37:19 PM EST
[ Parent ]
As I have commented elsewhere
The Bank of International Settlements published a 68-page report in which half a page is occupied by these statistics. The exposure to other OECD countries is nowhere to be found. Germany has larger aggregate debt than Spain and higher public debt-to-gdp ratio - who's exposed to that? BIS isn't telling.


By laying out pros and cons we risk inducing people to join the debate, and losing control of a process that only we fully understand. - Alan Greenspan
by Migeru (migeru at eurotrib dot com) on Sun Jun 20th, 2010 at 06:44:28 PM EST
[ Parent ]
Graphu, Sensi! Graphu!

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sun Jun 20th, 2010 at 08:11:10 PM EST
[ Parent ]
Barroso, Zapatero and others need to bring pressure to bear on BIS to release comparable information treating France, the UK and Germany as possible defaulters and showing who is exposed to their debt.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sun Jun 20th, 2010 at 11:24:12 PM EST
[ Parent ]
Barroso!?

By laying out pros and cons we risk inducing people to join the debate, and losing control of a process that only we fully understand. - Alan Greenspan
by Migeru (migeru at eurotrib dot com) on Mon Jun 21st, 2010 at 02:24:25 AM EST
[ Parent ]
Barroso is a high ranking EU politician from Portugal. Portugal is Spain's chief foreign debtor. Both Spain and Portugal are amongst the much maligned PIGS and both have nominally socialist governments....Didn't seem outrageous.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Jun 21st, 2010 at 10:47:39 AM EST
[ Parent ]
Barroso is a member of the EPP (also known as the Enemy). He's also widely considered to be an incompetent idiot, which is why he was rewarded with a second term at the Commission. See here.

By laying out pros and cons we risk inducing people to join the debate, and losing control of a process that only we fully understand. - Alan Greenspan
by Migeru (migeru at eurotrib dot com) on Mon Jun 21st, 2010 at 10:56:25 AM EST
[ Parent ]

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