BIS Review 113/2006  3  This regional shift does not come without additional risks: Austrian companies are approaching markets that are more distant both in a geographical sense as well as in their traditions and business culture. This makes a comprehensive judgement of the associated risks more difficult.
If so, the problem would seem disproportionately a small bank issue since insured deposits are a much larger proportion of total funding at small banks than at large banks. But smaller banks appear to be doing well.