Reuters exclusively reported that 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, said two people familiar with the situation.
Business & FinanceGovernment
Austria stalls Russian sanctions over Raiffeisen blacklisting
14 December 2023, 5:25 am 1 minute
Market Impact
Raiffeisen’s presence in Russia has proved divisive within its management as well as among the regional Landesbanks that control the group, with some advocating it leaves.
Article Tags
Topics of Interest: Business & FinanceGovernment
Type: Reuters Best
Sectors: Financial ServicesGovernment & Public Services
Regions: Europe
Countries: Austria
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
