Bank of Italy selects 4 systemic risk countries for lenders, including Russia
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 04 2025
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Source: Reuters
Bank of Italy's Risk Assessment: The Bank of Italy identified the United States, Great Britain, Switzerland, and Russia as countries outside the EU where Italian banks have significant exposure, based on end-2024 data to assess systemic risks.
UniCredit's Russian Bond Holdings: UniCredit reported an increase in the value of Russian government bonds held by its local unit, rising to 754 million euros due to the revaluation of the Russian rouble, while Intesa Sanpaolo serves only corporate clients in Russia.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
