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Raiffeisenbank in Russia was founded in 1996. In 2001, a branch of the bank was opened in Saint Petersburg, in 2005 in Samara, Yekaterinburg, and Novosibirsk, and in 2006 in Krasnodar. In 2018, the bank begins to develop a digital presence that allows serving customers without physical branches. [7] In 2019, Raiffeisenbank's virtual offices are ...
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 ...
For more than four months, U.S. envoys delivered increasingly shrill warnings to Austria's Raiffeisen Bank International to scrap a deal they said had links to one of Russia's most powerful oligarchs.
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 bank suspended the initial public offering of its subsidiary, Raiffeisen Bank Polska, in mid-2017. [11] [12] [13] In August 2021, Crédit Agricole S.A. announced the signing of an agreement to sell Crédit Agricole Srbija A.D. to Raiffeisen Bank (Serbia), a fully-owned subsidiary of Austrian Raiffeisen Bank International AG. [14]
The Russian division of Raiffeisen Bank International offers credit holidays to Russians who are fighting in Ukraine and recognizes the Donetsk and Luhansk People's Republic. In 2022 the profit of the Russian division amounted to 2.058 billion euros, while the total profit of the group was 3.797 billion euros. [55]
VIENNA (Reuters) -The United States is pressing Austria's Raiffeisen Bank International, the biggest Western bank in Russia, to drop plans to buy a 1.5 billion euro ($1.6 billion) industrial stake ...
SWIFT ban against Russian banks. The SWIFT ban against some Russian banks is one of several international sanctions against the Russian regime imposed by the European Union and other western countries as a result of its invasion of Ukraine, aimed at weakening the country's economy to end the invasion by hindering Russian access to the SWIFT ...