Thursday, June 23, 2011

Dutch Banks Have Exposure of 109 Billion Euro in Problematic Countries

Dutch Banks have an exposure of 109 billion Euro of loans in Ireland, Portugal, Spain and Italy. Dutch insurers and pension funds have an additional exposure of several tens of billions of Euro. This was communicated to the parliament by minister of Finance Jan Kees de Jager. The exposure in Ireland is 13 billion Euro, in Portugal 5 billion Euro, in Spain 58 billion Euro and in Italy 34 billion Euro. De Jager said that if Greece goes bankrupt there is a risk that the crisis will also affect these other countries.

No comments: