Reserves on possible loss Russian Federation

The European financial groups owning the Russian banks, in the first quarter 2022 created multi-billion reserves. It was reflected in their financial performance, in particular for UniCredit group — €915 million a loss. The general half-received profit of the European banks working to Russian Federation, according to information agency "Bloomberg", exceeded $7 billion. However it is to a lesser extent connected with economy of the Russian banks as those. The greatest possible reserves the European groups create on a case of implementation of the most negative scenario — a ban on maintaining businesses to Russian Federation. Photo: Shchelkunov Gleb...