La Cyprus crisis will not infect Italian banks. This is stated in a note released by the ABI, which clarifies how our institutes can boast "a position of great solidity" with respect to him. As emerges "from the data of the Bank for International Settlements (Bri) Italian banks are exposed to Cyprus to a minimum extent", for a total figure that should be less than one billion euros.
For this reason, the Italian Banking Association feels comfortable excluding, "with the utmost serenity", the risk of contagion.