Nicholas Soames: To ask the Chancellor of the Exchequer (1) what estimate he has made of the value of Russian financial assets held in the UK; [193415]

(2) what estimate he has made of the value of UK financial assets held in Russia. [193414]

Sajid Javid, Financial Secretary to the Treasury: Consolidated external claims and unused commitments of UK-owned monetary financial institutions (excluding central bank) and their branches and subsidiaries worldwide are available from the Bank of England website,

www.bankofengland.co.uk/statistics/Documents/bankstats/current/tabc4.2.xls

External business of monetary financial institutions operating in the UK are also available, from

www.bankofengland.co.uk/statistics/Documents/bankstats/current/tabc3.2.xls

These include data about the UK financial sector's claims on and liabilities to Russia. No equivalent official data is available for Russian firms' assets and liabilities in respect of the UK.

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