Citi feels relative safe from any Brexit fallout due to its strategic spread of its asset allocations.

Following Britain’s historic decision to leave the EU, Citigroup Inc. has reported today that it did not experience any “significant negative impact” on its results or from its client activities as a result of Brexit.

However, according to its regulatory filings, the bank has disclosed that market activity has increased after the referendum. It expects its operating environment to be challenging in in the near future.

According to regulatory filings, as of June 30, Citi’s asset exposure in the UK was $108.4 billion.

It has clarified only 30% of its corporate loans booked in the UK were to UK-domiciled entities, the remaining 70% were mostly to European parties.

As of the date of this filing, it has not revised its provisions for unreserved legal costs, which was earlier pegged at $3 billion.

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