Raiffeisenbank seeks compensation before Russian market exit
Austrian banking group RBI insists on compensation for its Russian business exit while facing mounting pressure from European regulators.
Browsing Tag
Raiffeisen
5 posts
FT: Western banks handed €800mn to Kremlin in taxes in 2023 despite promises to exit
Top European banks in Russia paid the Kremlin more than €800mn in taxes last year, four times more than before the all-out war, FT finds.
Raiffeisen Bank’s job postings in Russia spark questions about its exit pledge
The FT reports that Austria's Raiffeisen Bank has posted numerous job ads in Russia, suggesting plans to expand there, despite earlier statements about intending to exit the Russian market.
Renewed protests in Vienna urging Raiffeisen Bank International to pull out of Russia
Protests gain new momentum with support of 50,000 petitioners on the day of Raiffeisen's Annual General Meeting (AGM)
Austria clears EU’s Russia sanctions after Ukraine removes Raiffeisen from blacklist
Austria supports the 12th EU sanctions package on Russia, after Ukraine removes Raiffeisen Bank International from a symbolic blacklist. The bank was the only Austrian company on the list.