HomeEconomyRaiffeisen Bank expects a...

Raiffeisen Bank expects a request from the ECB to exit the Russian market

Photo: Weingartner-Foto

Loans to customers will decrease significantly in 2026, up to 65% compared to the third quarter of last year, as well as international payments from the Russian Federation.

Austria’s Raiffeisen Bank International (RBI) expects the European Central Bank to soon ask it to speed up the winding down of its business in Russia. It was reported by Reuters.

It was noted that according to the requirements of the draft, loans to customers will be significantly reduced by 2026, up to 65% compared to the third quarter of the previous year, as well as international payments from the Russian Federation.

The bank said the requirements in the ECB’s draft go beyond SBI’s plans to further reduce its Russian business and could negatively affect the possibility of selling the joint-stock company. Raiffeisenbank.

“RBI aims to achieve deconsolidation of JSC Raiffeisenbankincluding through the sale of this division,” RBI said in a statement.

It was previously reported that Austrian Raiffeisen Bank International for the second time postponed plans to exit Russia.

We remind you. According to media reports, Raiffeisen Bank International has found a risky way to reduce the costs of withdrawing its money from Russia. In particular, the bank entered into an agreement with Oleg Deripaska, who is under EU sanctions. The Austrian bank expects to receive an asset worth 1.1 billion euros, while the loss is less than 30%.

New Correspondent.net on Telegram and WhatsApp. Subscribe to our channels Athletistic and WhatsApp

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

The DPRK was promised by the “unclear” Poddjakke of Russia in the war against Ukraine

Russian military criminal, secretary of the Russian Council Sergey Shayga, visited Phogyan, where he met with Kim Jong. He promised him that the DPRK would support Russia, in particular, in the war against Ukraine. The parties discussed a joint operation in the Kursk...

In Pryluky, RF Postal House -Topl in the leader of the leader

In Pryluky, a hostile drone hit the house of the head of the local fire department. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } His family was killed: his wife,...

Russians were pushed to Constant and could be shot by a garden from artillery

The Russians have advanced towards Konstantinovka and are already shooting from artillery Ukrainian positions near the city. This is indicated in the report of the Institute of Military Research (ISW). .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px;...