Greek banks most exposed to Cyprus

Overseas banks have just over $50 bln of loans outstanding to Cyprus, which may need an international bailout, its biggest bank warned on Monday.
Bank of Cyprus said a rescue of Cyprus could be needed if the country does not take urgent action to repair its finances.
Greek banks are the most exposed, and Alpha Bank had almost 5 bln euros of loans to the country at the end of last year.
The Bank for International Settlements, which compiles cross-border lending data, said overseas banks had $50.9 bln of loans to Cyprus at the end of March. European lenders provided $39 bln of that, with $11.4 bln coming from Greece, $9.7 bln from Germany and $3.8 bln from French lenders, the data showed.
The following are the major banks with most exposure to Cyprus, including domestic banks, based on data they supplied to the European Banking Authority under a recent stress test at end-December.
Loan exposures are based on credit risk exposure and sovereign exposure is the net direct position: (in millions of euros):