RBI Sees No Russian Expropriation Signs Yet
Raiffeisen Bank International sees no current signs of expropriation in Russia. CEO Michael Hoellerer stated the lender still aims to exit the country as soon as possible.
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Raiffeisen Bank International sees no signs of expropriation in Russia, CEO Michael Hoellerer said on Monday morning. The statement follows prolonged attempts by the Austria-based lender to exit the Russian market since 2022. The bank's withdrawal remains stalled due to complex approval processes required by Russian authorities.
