ECB assesses that Sberbank Europe AG and its subsidiaries in Croatia and Slovenia are failing or likely to fail. The ECB took the decision after determining that, in the near future, the bank is likely to be unable to pay its debts or other liabilities as they fall due**.**
www.bloomberg.com/news/articles/2022-02-27/ecb-says-sberbank-europe-is-failing-or-likely-to-fail
Sberbank is by far the biggest Russian bank with almost 40% of the state owned assets. I have no idea how big Sberbank Europe is in the whole of Sberbank. But probably not a small part.
Luckely FED/ECB and other central banks have experience with interventions to prevent a domino effect.
📷 BelarusBPS Sberbank📷 UkraineSberbank[87]📷 KazakhstanSberbank[88]📷 AustriaSberbank Europe📷 CroatiaSberbank Europe📷 GermanySberbank Europe📷 Bosnia and HerzegovinaSberbank Europe📷 SerbiaSberbank Europe📷 SloveniaSberbank Europe📷 SwitzerlandSberbank Switzerland📷 HungarySberbank Europe📷 Czech RepublicSberbank Europe📷 ChinaSberbank International📷 IndiaSberbank International📷 MalaysiaSberbank International📷 United StatesSberbank CIB📷 United KingdomSberbank CIB📷 CyprusSberbank CIB
h/t dreddie27