If we add energy suppliers, this figure goes up once again. Around 60 institutions issue more than 10% of their loans of € million or more to the sectors I have just cited. At some, volumes even exceed the 20% mark. You can see what I’m getting at – this is a chain that could keep going for quite some time.
The big question now is, what can we infer from these figures? Let me start by saying that, even based on this relatively rough-and-ready overview of the situation, there is no way we can rule out significant risks for individual institutions. That said, there are some caveats. First, the data that I have provided are of low granularity. This makes many correlations unclear.