Table 1

Ranking of banks based on the surplus of the E-ΔCoVaR over ΔCoVaR: the whole analyzed period

BankCountryTotal surplus
Intesa San Paolo S.p.AItaly6.62%
Société Générale S.A.France6.63%
Deutsche Bank A.G.Germany7.96%
Commerzbank A.G.Germany9.78%
KBC Group N.V.Brussels10.77%
UniCredit S.p.AItaly10.93%
ING Bank N.V.The Netherlands11.15%
Skandinaviska Enskilda Banken A.B.Sweden11.73%
Swedbank A.B.Sweden16.13%
Erste Group Bank A.G.Austria22.28%
Eurobank E.S.&H. S.A.Greece25.22%
OTP Bank NyrtHungary27.63%
Raiffeisen Bank IA.G.Austria37.08%
ING Bank Śląski S.A.Poland39.84%
BRD – Groupe Société Générale S.A.Romania41.08%
VTB PA.O.Russia44.04%
mBank S.A.Poland44.37%
Banca Transilvania S.A.Romania47.36%
Sberbank PA.O.Russia58.45%
Powszechna Kasa Oszczędności Bank Polski S.A.Poland61.12%
Source(s): Own elaboration

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