The Russian branch of Austria's Raiffeisen Bank International announced that starting from September 2, private clients will no longer be able to make foreign transfers in any currency except ...

Raiffeisen Bank's Russian business announced that payments in dollars will no longer be available to Russians from June 10 due to changes in the regulations of correspondent banks that make transfers.

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.

FILE PHOTO: A signboard advertising Raiffeisen Bank is seen behind a monument to Soviet state founder Vladimir Lenin in Moscow, Russia, February 11, 2023. REUTERS/Tatyana Makeyeva/File Photo.

Raiffeisen Bank International (RBI) is stepping up moves to hand its money-spinning Russian arm to shareholders, three people familiar with the matter said, amid mounting pressure to cut its ties ...

According to estimates from Citigroup analysts, the bank will this year make a net profit from its units in Russia and close ally Belarus of nearly €1.2bn, compared with barely €500mn from all ...

Raiffeisen Bank International AG engages in the provision of banking and financial solutions. The firm offers a range of products including financing, leasing, hedging, trade and export finance ...

Raiffeisen is considered the “house bank” of the ruling Austrian People’s Party. And then there is its ownership structure. Just 41.2 per cent of the bank’s shares are publicly traded.

Raiffeisen Bank International, or RBI, is maybe the European bank with the most exposure to Russia. The stock price of RAIFF dropped 60% in February and March after Russia's invasion of Ukraine.

Raiffeisen, moreover, is by no means alone in having stayed in Russia. UniCredit remains, like Raiffeisen, among the Russian central bank’s list of 13 systemically important banks. Societe Generale is ...

The Vienna headquartered bank, which was first formed in 2010 as a subsidiary of Austria's Raiffeisen Zentralbank before absorbing its parent in 2017, said it now plans to appeal the Russian court ...

VIENNA (Reuters) -Raiffeisen Bank International (RBI) took aim on Thursday at "morally arrogant" critics of its dealings in Russia, though said it was considering spinning off its business there ...