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In March 2023, Raiffeisen was named an international sponsor of war by Ukraine's National Agency on Corruption Prevention. [23] In December 2023, Ukraine excluded Raiffeisen Bank from the list of war sponsors for the 12th package of EU sanctions against Russia. [citation needed] As of October 2023, Raiffeisen Bank has not left the Russian market.
VIENNA (Reuters) -A top U.S. sanctions official will this week warn Austria and Raiffeisen Bank International of the dangers of doing business in Russia, piling pressure on the biggest Western ...
The U.S. Treasury has warned Austria's Raiffeisen Bank International (RBI) that its access to the U.S. financial system could be restricted because of its Russian dealings, according to a person ...
The step concerns a recently aborted bid by Austria's Raiffeisen Bank International (RBI) to buy a roughly 1.5 billion euro ($1.6 billion) industrial stake linked to Russian tycoon Oleg Deripaska ...
By 2003, the group had expanded to 15 central and eastern European countries. The international activities were brought together into Raiffeisen International Bank-Holding AG, which went public in 2005 and was merged into the new RBI entity in 2010. In 2017, RBI in turn absorbed its parent company RZB, thus resulting in a more streamlined group ...
Through Raiffeisen Bank International (RBI), the Raiffeisen Banking Group began to expand outside of Austria in 1986. RBI developed into a leading universal bank in Central and Eastern Europe with the largest branch network of all Western banking groups listed on the Vienna Stock Exchange. [6] Raiffeisenbank in Russia was founded in 1996.
The European Central Bank is pushing Raiffeisen and UniCredit hold some capital as a buffer against potential risks stemming from their Russia businesses, two sources with knowledge of the matter ...
Raiffeisen Zentralbank Österreich A.G. (RZB) was a significant bank in Austria and the central institution of the Raiffeisen Banking Group (RBG) until its merger into its subsidiary Raiffeisen Bank International (RBI) in 2017.