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Raiffeisenbank continues to operate in Russia, serving 3.3 million customers, despite its long-standing desire to withdraw. The bank is under scrutiny as a new law allows financially troubled Russians to enlist in the military in exchange for debt forgiveness, a move supported by the Kremlin. While Raiffeisenbank has previously complied with similar military-related financial requirements, it has refrained from commenting on this latest development.
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Raiffeisenbank profits amid Russia's controversial debt relief for recruits
16:47 27.11.2024
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