The head of the NBU, Andriy Pyshny, addressed the RBI Supervisory Board before the general meeting and urged the Group not to postpone the decision to withdraw the bank from the Russian Federation.
The National Bank of Ukraine records positive signals in the statement of the Raiffeisen Bank International (RBI) group, which was announced in the results of the general meeting on March 30, but it is reported that the statement does not contain a specific plan.
It is reported that the RBI’s statement “does not contain a clear plan with specific steps and deadlines for their implementation”, but “may indicate a transition from the search for “strategic options for the future” on the bank’s readiness for a real reduction in business activity in Russia and the implementation of decisions that will lead to the sale or spin-off or deconsolidation of Raiffeisenbank Russia from the group.
“We express hope that the RBI Group, as a responsible member of the international financial community, will make efforts in the near future to implement these initiatives,” NBU said.
The head of the NBU Andrey Pyshny appealed to the Supervisory Board of the RBI before the general meeting and urged the Group not to delay the decision to withdraw the bank from the Russian Federation, and also drew attention to the unacceptability of the potential withdrawal of Raiffeisenbank from the Russian Federation by exchanging assets of Raiffeisenbank with sanctioned Sberbank in Austria.
“A deal to allow a Kremlin-owned bank to keep its frozen sanctioned assets in Europe and return them to Russia to continue to maintain economic stability and Russia’s ability to wage war in Ukraine does not stand up to the investigation, let alone the violation of sanctions restrictions,” he said in the comment.
It was previously reported that Raiffeisen Bank intends to spin off its Russian division
Raiffeisen bank was added to the list of war sponsors
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Source: korrespondent
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