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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.
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.
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 ...
Raiffeisen Bank International (RBI) is a key entity of the decentralized Raiffeisen Banking Group in Austria, acting both as the latter's domestic central financial entity and as the holding company for all the group's operations outside of Austria.
There are 396 operating banks in Russia (263 banks with a universal license, 133 - from the base). (March 1, 2020) [1]
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 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 financial transaction processing system.
Austria has given its approval to a 12th package of EU sanctions on Russia after Ukraine removed Raiffeisen Bank International from a blacklist, Ukraine's government website and an EU diplomat ...