Raiffeisen Bank operates a banking network mainly in Central and Eastern Europe, although also maintains operations in Western Europe.

Revenue(RF), mln.USD
2115
Assets(RF), mln.USD
25039
Capital(RF), mln.USD
4382
Glob.Revenue, mln.USD
10108
Staff(RF), 2021
10560
Taxes(RF), mln.USD
615

Raiffeisenbank is a universal Russian bank, a subsidiary of the Austrian banking group Raiffeisen Bank International. Included in the list of systemically important Russian banks. Raiffeisenbank ranks second in terms of assets in the RBI Group and first in terms of profit. According to information from the Raiffeisen International Group's public reports, at the end of the third quarter of 2022, compared to the end of the first quarter of 2022, the bank's credit exposure in Russia increased by 22%. Growth is observed for both the retail and corporate portfolios. From April 10, Raiffeisenbank refuses to connect new "Salary" service packages. Still operating in Russia with increasing revenue volumes in 2022 vs 2021 (+$665mn or +46%). Austria and RBI, which is also at the centre of a U.S. inquiry over its Russian links, are resisting this in the hope that the war in Ukraine will end soon. By order dated September 13, the Bank of Russia canceled Raiffeisenbank's license to operate as a specialized depository of investment, share investment and non-state pension funds. Austria is seeking to have Raiffeisen Bank International, the biggest Western bank in Russia, struck off a Ukrainian blacklist in return for signing off fresh European Union sanctions on Russia. The National Agency on Corruption Prevention (NACP) temporarily excluded the Austrian Raiffeisen Bank from the list of companies sponsoring Russia's war before consultations (but returned it back later). The United States has threatened to impose sanctions against the Austrian group Raiffeisen Bank International (RBI) for doing business in Russia.

The Company Statement
August 30, 2023

The unprecedented situation leads RBI to consider its position in Russia. We are therefore assessing all strategic options for the future of Raiffeisenbank Russia, up to and including a carefully managed exit from Raiffeisenbank in Russia. RBI and its subsidiary banks continue to operate in compliance with local and international sanction laws. The Russian subsidiary of JSC Raiffeisenbank not only officially recognizes the so-called Donetsk and Luhansk "people's republics", but also provides favorable credit terms to the Russian occupiers in Ukraine. Raiffeisen Bank's Russian branch halts opening of new corporate accounts. The National Agency on Corruption Prevention included the Austrian banking group Raiffeisen Bank International in the list of international sponsors of the war for the continuation of the bank's work in Russia and the official recognition of the so-called "DPR" and "LPR". As reported, Raiffeisen paid 4.8 times more to the Russian budget in 2022 than for the entire pre-war year - 559 million euros (~$615million). It should be noted that this is equal to the cost of about 95 Kalibr missiles, with which the terrorist state regularly fires at peaceful Ukrainian cities. In addition, the bank plays along with Russian propaganda, calling the war a "special military operation". Raiffeisen Bank boosts pay for Russian staff by €200mn. Austria's RBI says Russian spin-off unlikely in 2023. Austria is seeking to have Raiffeisen Bank International, the biggest Western bank in Russia, struck off a Ukrainian blacklist in return for signing off fresh European Union sanctions on Russia. The National Agency on Corruption Prevention (NACP) temporarily excluded the Austrian Raiffeisen Bank from the list of companies sponsoring Russia's war before consultations (but returned it back later). Ukraine refuses to take Raiffeisen off Russia war blacklist. Raiffeisen Bank trumpets Russia growth plans in dozens of job ads.

April 16, 2024Raiffeisen Bank trumpets Russia growth plans in dozens of job ads
March 30, 2024Raiffeisen Bank, pull out of Russia!
March 11, 2024US presses Austria’s Raiffeisen to quit Russia
March 11, 2024The United States threatened Austrian Raiffeisen with sanctions for doing business in Russia
March 11, 2024Raiffeisen Bank denies reports of threats of sanctions from the United States
March 06, 2024The USA is increasing pressure on Raiffeisen Bank, whhttps://minfin.com.ua/2024/03/11/122987592ich operates in the Russian Federation - a delegation of the Ministry of Finance is going to Austria
February 22, 2024The Austrian regulator is checking the control of money laundering at Raiffeisen Bank
February 15, 2024Ukraine refuses to take Raiffeisen off Russia war blacklist
February 15, 2024Raiffeisen announced plans to sell its Belarusian subsidiary to an investor from the UAE
February 04, 2024Raiffeisen bank is still considering exit from Russia
January 31, 2024Raiffeisenbank reported a sharp decline in payment business in Russia
December 24, 2023Raiffeisen’s Russia Deal Leads to Exec Who Worked for Sanctioned Tycoon
December 14, 2023Austria blocks Russian sanctions over Raiffeisen blacklisting - sources
November 03, 2023Austria's RBI says Russian spin-off unlikely this year
November 03, 2023Raiffeisen generated almost half its profits this year from Russia
October 27, 2023Raiffeisen to Pay Withheld Dividend After Russia Worries Ease
October 24, 2023Raiffeisenbank’s Russian Saga: lender defies sanctions
October 20, 2023RBI: There is still a buyer for Raiffeisenbank, but the deal depends on the Kremlin
September 13, 2023The Central Bank revoked Raiffeisenbank's license to operate as a special depository
September 12, 2023RBI allows rebranding of Raiffeisenbank after its sale or spin-off
August 29, 2023Czechia investigates Raiffeisen Bank due to its activities in Russia
August 29, 2023Czechia investigates Raiffeisen Bank due to its activities in Russia
August 21, 2023Raiffeisen’s Russian Division Imposes 50% Commission on Incoming Dollar Transfers
August 16, 2023War and the ruble are spoiling business for EU firms remaining in Russia
August 07, 2023FT estimated damage to European companies since the beginning of the conflict in Ukraine at €100 billion
August 06, 2023European companies suffer €100bn hit from Russia operations
August 02, 2023Wall Street Reaped Ruble Fortune on Clients Fleeing Russia
August 01, 2023Raiffeisen's profit in Russia grew by 9% in the first half of the year
August 01, 2023Raiffeisen Bank boosts pay for Russian staff by €200mn
July 26, 2023Why did Raiffeisenbank limit the acceptance of currency and rubles from Russians
July 26, 2023Raiffeisenbank will suspend the purchase of cash euros and dollars from individuals
July 06, 2023Exclusive: Raiffeisen delays quitting Russia as Austria defends ties
June 27, 2023ECB Urges Banks to Speed Up Plans to Exit or Shrink Russia Units
June 21, 2023On changing the terms of outgoing payments in euros to other banks
June 09, 2023Raiffeisenbank introduces a 50% commission on incoming transfers in dollars
May 24, 2023Ukraine has a list of 'war sponsors.' But how exactly does it work?
May 23, 2023Austria's Raiffeisen attempts last-ditch Russian spin-off - sources
May 05, 2023Austrian bank Raiffeisen triples Russia profit as pursues exit route
May 05, 2023Raiffeisen closed correspondent accounts for all Russian banks, except for its "daughter"
April 21, 2023Gref denies talks between Sberbank and Raiffeisen on asset swap
April 07, 2023Raiffeisenbank refused to issue a package of services "Salary"
March 30, 2023Raiffeisen slams 'morally arrogant' critics as eyes Russia spin-off
March 30, 2023Raiffeisen Bank decided to sell the Russian "daughter" or withdraw it from the perimeter of the group
March 30, 2023Raiffeisen Bank answered what they will do with business in Russia
March 24, 2023ECB pressures Austria's Raiffeisen bank to quit Russia
March 03, 2023Raiffeisen Bank's Russian branch halts opening of new corporate accounts
March 03, 2023In Russia, Raiffeisen Bank suspended the opening of accounts for new legal entities
March 03, 2023Do Putin's judo friends have a business relationship with Raiffeisen?
February 27, 2023Almost half of Russian foreign money transfers go through Raiffeisenbank
February 26, 2023How Austria’s Raiffeisen got stuck in Russia — while making record profits
February 22, 2023NACP included the Austrian bank Raiffeisen in the list of sponsors of the war
February 20, 2023Raiffeisen/Russia: fewer links with the west leave remaining ones exposed
February 20, 2023Exclusive: U.S. sanctions authority probes Raiffeisen on Russia
February 20, 2023Raiffeisen shares slide after U.S. sanctions office asks about Russia
February 17, 2023The Raiffeisen Bank Group admitted that the Russian "daughter" provides benefits to mobilized Russians
February 14, 2023Analysis: Loans to Russian soldiers fuel calls for European banks to quit
February 13, 2023Austria's Raiffeisen Bank and Italy's UniCredit continue to earn in Russia, but pressure on them has intensified, Reuters
February 13, 2023Raiffeisen Bank and UniCredit, which remained in Russia, are forced to write off loans to fallen Russian soldiers
February 10, 2023International banks must finally implement their statements and exit the market of the Russian Federation - NBU
January 30, 2023Shares of Raiffeisen Bank Group fell by 6% after the introduction of sanctions in Ukraine
January 26, 2023Raiffeisen bank response
January 17, 2023Comment of the PBI Group regarding the statement of the National Bank of Ukraine dated January 10, 2023
January 10, 2023Raiffeisen in Russia recognized the so-called "LPR" and "DNR". How they reacted in Ukraine.
January 10, 2023Russian "daughters" of Western banks provide credit holidays to the Russian military
December 04, 2022Why are Raiffeisen and UniCredit still in Russia?
November 14, 2022Letter sent by B4Ukraine to the company (no response provided)
November 03, 2022Raiffeisen Bank's profits in Russia increased fourfold in nine months
September 27, 2022Raiffeisen in Russia
February 17, 2022RBI IS ASSESSING ALL STRATEGIC OPTIONS FOR THE FUTURE OF RAIFFEISENBANK RUSSIA
Key Financial Data as of 30/9/2022 (3Q 2022)
The US may impose sanctions against Raiffeisen Bank International for doing business in the Russian Federation
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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