Tuesday, January 06, 2015

German bank exposure to Greece around $28 billion: banks

German banks have about 23.5 billion euros ($28 billion) in credit exposure to Greece, but the systemic risk is limited because the biggest commercial banks, Deutsche Bank (DBKGn.DE) and Commerzbank (CBKG.DE), hold only a tiny fraction of that, according to figures gathered by Reuters.

The lion's share of German exposure is held by the state-owned development bank KfW, with lending to the Greek state totaling 15 billion euros, banking industry group BdB said .... http://www.reuters.com