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raiffeisen bank international insists on compensation for russian exit

Raiffeisen Bank International (RBI) has stated it will not exit the Russian market without compensation, despite plans for accelerated downsizing. CEO Johann Strobl emphasized the bank"s commitment to its Russian subsidiary while facing legal challenges that could delay its divestment. RBI remains one of the largest Western banks operating in Russia, having cut several major services since the invasion of Ukraine.
08:00 31.10.2024
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