milan the latest wave of sanctions on russia over its ukraine invasion has thrown the global banking industry deeper into turmoil as western countries try to squeeze moscows access to cash for its economy and international tradesome russian banks will be excluded from the swift international payments system and crucially other sanctions target the countrys central bank to stop it from using its foreign reservesthe moves aim to undermine moscows ability to weather the wider economic sanctions but they also impact western banks which are exposed to russias economythe european arm of sberbank russias biggest lender faces failure the european central bank has said after a run on its deposits sparked by the crisisin europe italian and french banks have the largest russian exposure representing just over 25 billion each at the end of september followed by austrian banks with 175 billion data by the bank of international settlements showthe exposure of us banks totals 147 billion according to bis datafollowing are some of the banks with significant russian exposureus bankscitigroup incthe us bank on monday said its total exposure to russia amounted to nearly 10 billioncitigroup listed russia as 21 among its top 25 country exposures with 54 billion of loans securities and funding commitments at end2021 03 of overall exposures based on a regulatory filingon monday citigroup gave more details taking the count for total thirdparty exposure to 82 billion that includes 10 billion in cash at the bank of russia and other financial institutions and 18 billion of reverse reposcitigroup also said it has 16 billion of exposures to additional russian counterparties outside of its russian subsidiary that are not included in that 82 billionas a comparison goldman sachs group inc reported in a filing last month 293 million in net exposure to russia as well as a total of 414 million of market exposure as of december 2021european banks raiffeisen bank international rbithe austrian lenders russian business ranks as the countrys ninth largest bank by loans with overall assets of 158 billion euros it employs around 8700 staff to serve more than 45 million customersits equity of 24 billion euros represents 18 of consolidated equityrbi has operated in russia since the collapse of the soviet union and its business there contributed almost a third to the groups net profit of 15 billion euros 166 billion last yearrbis russian exposure totalled 2285 billion euros more than half relating to the corporate private sector it said in its 2021 results presentationrussias central bank accounts for 8 of rbis exposure to the country sovereign entities for 4 and russian banks for 2 based on the presentationthe overall figure comprises 116 billion euros in customer loans or 115 of group more than 80 of which are in russian roublescrossborder exposure to russia is only 16 billion euros with no parent funding from vienna raiffeisen also holds 22 billion euros in loans to ukrainian customersprovisions against losses cover 643 of rbis impaired exposures in russiarbi chief executive johann strobl told