ANKARA

French international banking group BNP Paribas said Wednesday its exposure to Russia and Ukraine is around €3 billion ($3.3 billion).

While the bank's exposure to Ukraine is around €1.7 billion ($1.8 billion), its exposure to Russia is around €1.3 billion ($1.4 billion), it said in a statement.

The bank said its gross exposures off- and on-balance sheet on Ukraine and Russia are limited, amounting to 0.09% and 0.07%, respectively, of its total commitments.

BNP Paribas said it closely monitors developments in Russia and Ukraine.

The bank added that it "rigorously and diligently ensures the implementation of the requisite measures for the full application of international sanctions and public authorities' decisions as soon as they are issued."

Milan-based international banking group UniCredit said Tuesday its Russian client cross-border exposure is currently around €4.5 billion.

UniCredit Bank Russia had a self-funded loan position of €7.8 billion and equity of €2.5 billion by the end of 2021, it said in a statement.

"The exposure is almost entirely to leading Russian multinational corporations and mostly in euro and US dollar currencies," it said.

The bank, which has been present in Russia since 2005, said it has experience in adapting to, and fully complying with, sanctions, adding it is closely monitoring the developments in the country in full cooperation with regulators.