
Raiffeisen Bank

Raiffeisen Bank
Raiffeisen Bank operates a banking network mainly in Central and Eastern Europe, although also maintains operations in Western Europe.
Glob.Revenue, mln.USD
10108
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%).
The Company Statement
May 05, 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 for the Prevention of Corruption 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."
May 24, 2023 | Ukraine has a list of 'war sponsors.' But how exactly does it work? |
May 23, 2023 | Austria's Raiffeisen attempts last-ditch Russian spin-off - sources |
May 11, 2023 | Raiffeisen Bank International tightened conditions for its correspondent accounts in CIS banks |
May 05, 2023 | Raiffeisen closed correspondent accounts for all Russian banks, except for its "daughter" |
April 21, 2023 | Gref denies talks between Sberbank and Raiffeisen on asset swap |
April 07, 2023 | Raiffeisenbank refused to issue a package of services "Salary" |
March 30, 2023 | Raiffeisen slams 'morally arrogant' critics as eyes Russia spin-off |
March 30, 2023 | Raiffeisen Bank decided to sell the Russian "daughter" or withdraw it from the perimeter of the group |
March 30, 2023 | Raiffeisen Bank answered what they will do with business in Russia |
March 24, 2023 | ECB pressures Austria's Raiffeisen bank to quit Russia |
March 03, 2023 | Raiffeisen Bank's Russian branch halts opening of new corporate accounts |
March 03, 2023 | In Russia, Raiffeisen Bank suspended the opening of accounts for new legal entities |
March 03, 2023 | Do Putin's judo friends have a business relationship with Raiffeisen? |
February 27, 2023 | Almost half of Russian foreign money transfers go through Raiffeisenbank |
February 26, 2023 | How Austria’s Raiffeisen got stuck in Russia — while making record profits |
February 22, 2023 | NAPC included the Austrian bank Raiffeisen in the list of sponsors of the war |
February 20, 2023 | Raiffeisen/Russia: fewer links with the west leave remaining ones exposed |
February 20, 2023 | Exclusive: U.S. sanctions authority probes Raiffeisen on Russia |
February 20, 2023 | Raiffeisen shares slide after U.S. sanctions office asks about Russia |
February 17, 2023 | The Raiffeisen Bank Group admitted that the Russian "daughter" provides benefits to mobilized Russians |
February 14, 2023 | Analysis: Loans to Russian soldiers fuel calls for European banks to quit |
February 13, 2023 | Austria's Raiffeisen Bank and Italy's UniCredit continue to earn in Russia, but pressure on them has intensified, Reuters |
February 13, 2023 | Raiffeisen Bank and UniCredit, which remained in Russia, are forced to write off loans to fallen Russian soldiers |
February 10, 2023 | International banks must finally implement their statements and exit the market of the Russian Federation - NBU |
January 30, 2023 | Shares of Raiffeisen Bank Group fell by 6% after the introduction of sanctions in Ukraine |
January 26, 2023 | Raiffeisen bank response |
January 17, 2023 | Comment of the PBI Group regarding the statement of the National Bank of Ukraine dated January 10, 2023 |
January 10, 2023 | Raiffeisen in Russia recognized the so-called "LPR" and "DNR". How they reacted in Ukraine. |
January 10, 2023 | Russian "daughters" of Western banks provide credit holidays to the Russian military |
December 04, 2022 | Why are Raiffeisen and UniCredit still in Russia? |
November 03, 2022 | Raiffeisen Bank's profits in Russia increased fourfold in nine months |
September 27, 2022 | Raiffeisen in Russia |
February 25, 2022 | Raiffeisenbank International reported that it is considering a possible exit from the Russian market - National Bank Of Ukraine |
February 17, 2022 | RBI IS ASSESSING ALL STRATEGIC OPTIONS FOR THE FUTURE OF RAIFFEISENBANK RUSSIA |
| Key Financial Data as of 30/9/2022 (3Q 2022) |
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