Sanctions Raise Russia Bank Risk; Direct Exposure Limited
Crime, Defence & Security / Russia / Tue 17 Apr, 2018
Fitch-rated Russian banks appear able to absorb potential credit losses from their exposure to individuals and companies targeted by US sanctions announced on 6 April. Most rated banks do not have material exposure, and those that do appear to have collateral or sufficient pre-impairment profitability to cover potential losses. We therefore do not