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Baltic and Independent State banks most at risk of Russia conflict: Moody’s

April 8, 2022

Analysts at Moody’s have reported that banks in the Baltics and in the Commonwealth of Independent States are most exposed to the effects from Russia’s invasion of Ukraine and have limited buffers to absorb the impact if it is prolonged.

The conflict is causing a commodity price and supply shock that will lead to higher interest rates and slower growth.

Analysts believe that this will ultimately increase risks for banks and other parts of the finance sector.

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