Current risk Level

Green: low risk of crisis in the financial market. The incidence of a crisis is less likely than usual. This risk level is given for lambda values lower than the 20%-ratio. (Updated October 2025)

Timeline

FRM Europe captures the systemic risk behaviour embedded in the 100 largest European financial institutions, covering the Euro Area, the UK, the Nordics and Switzerland, thereby reflecting the financial linkages between these countries.

By leveraging adjacency matrices, we gain insight into the network dynamics and interconnections among European companies, as visually depicted in the image.