Raiffeisen halts the sale of the Russian branch. He inactive earns there

Zdjęcie: Foto: Bloomberg


The Austrian Raiffeisen Bank global (RBI) stopped the forced sale of its Russian business by the European Central Bank. The Austrians were the largest bank sponsor of Putin's war, and the profits of the Russian branch accounted for half of the group's earnings. Called to leave Russia, they did their best to stay there and make money. Now they mention to Russia-US talks and Kremlin actions.