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Apr 18, 2024 · Raiffeisen Bank International AG (RBI) expects the European Central Bank (ECB) in the near term to issue a request for an acceleration of the business reduction in Russia, which RBI has been conducting since February 2022. Under the current draft of the requirements, loans to customers would decrease significantly by 2026 (up to 65 per cent vs ...
Mar 30, 2023 · VIENNA, March 30 (Reuters) - Raiffeisen Bank International (RBI) (RBIV.VI) took aim on Thursday at "morally arrogant" critics of its dealings in Russia, though said it was considering spinning off ...
Mar 30, 2023 · Austria’s Raiffeisen is in talks with two potential suitors for the sale of its Russian banking arm, the largest western-controlled lender left operating within the Kremlin’s territory ...
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Jun 21, 2023 · A key lifeline for Russia’s heavily sanctioned economy, Raiffeisen is believed to process around one-quarter of all euro-denominated financial transfers bound for the country, according to Reuters.
The head of Raiffeisen Bank International (RBI), Johan Strobl, said that in the third quarter of 2024, the banking group will begin to comply with the order of the European Central Bank (ECB) to significantly reduce business in Russia. Raiffeisen ceases all outgoing dollar payments from Russia due to US pressure. Open the Statement.
Mar 11, 2024 · Vienna lobbied hard, and successfully, for Raiffeisen to be removed from a Ukrainian blacklist of perceived war sponsors before approving the EU's 12th package of Russia sanctions in December. “I am confident that they are working on it,” Austrian National Bank Governor Robert Holzmann told POLITICO a week before Morris' visit, stressing ...
