Russian business
Austria is said to have already intervened on behalf of the RBI, which remains active in Russia
The Raiffeisen bank logo is seen atop a building behind a huge monument to Vladimir Lenin, the founder of the USSR, in Moscow on April 3, 2023. – The Austrian banking group Raiffeisen, one of the last large Western banks in Russia said on March 30, 2023 it was considering a 'sale or spin-off' of its subsidiary. “The RBI Group will continue to progress potential transactions that would result in the sale or spin-off of Raiffeisenbank Russia and the deconsolidation of Raiffeisenbank Russia from the RBI Group,” the company said, while “committing to further reduce business activity in the Russia”. (Photo by Alexander NEMENOV/AFP)
APA/AFP/ALEXANDER NEMENOV
Kiev/Vienna – The Ukrainian government no longer classifies Raiffeisen Bank International (RBI) as an international supporter of the Russian war of aggression. The previous status was “suspended”, Ukraine’s National Agency for the Prevention of Corruption (Nask) announced on its website on Saturday evening. Observers suspected a link to recent EU decisions to support Ukraine.
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