摘要：Approximately two thirds of bank assets and liabilities are in foreign currency or in kuna with a currency clause, the biggest share of these assets and liabilities being in euro. The banks hedged a surplus of foreign currency assets over foreign currency liabilities (indexed items included) by means of forward agreements, thus bringing their direct exposure to currency risk to a low level. However, indirect exposure, i.e. exposure to currency-induced credit risk continued to be very high.
